China Gold sees Canada's Iamgold as good fit -executive

China Gold International Resources

18/09/2019 20:18

By Jeff Lewis
    DENVER, Sept 18 (Reuters) - Canadian miner Iamgold Corp
 IMG.TO  would fit well with China Gold International Resource
Corp Ltd's  CGG.TO  oversees acquisition strategy as the Chinese
state-run company seeks to buy producing gold mines, an
executive with the overseas arm of China National Gold Group
said on Wednesday.
    China Gold is aggressively looking to add to its project
pipeline and Iamgold would be a good fit, Jerry Xie, executive
vice president, told Reuters on the sidelines of the Denver Gold
Forum.
    "You can take that as an example. We feel comfortable for
that size, as a corporate acquisition," he said.
    Iamgold chief executive officer Stephen Letwin told Reuters
on Tuesday he would not comment on specific deals but said the
company was open to partnering on its projects with strategic
investors.

 (Reporting by Jeff Lewis
Editing by Denny Thomas and Rosalba O'Brien)
 ((Jeff.Lewis@thomsonreuters.com;))