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Jun. 21, 2012, 10:42 AMAfter trying and failing to get a gold mine built in Ecuador over several years, Iamgold (IAG -3.3%) sells its Quimsacocha project to junior miner INV Metals (ILNLF.PK) for a mere $30M in stock. The project holds more than 3.3M ounces of high-grade gold, but IAG grew weary of dealing with the country's royalty and tax headaches. | Comment!
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