IAMGOLD Corporation

12:01 PM EST - IAMGOLD Corporation : Together with its joint venture partner, AngloGold Ashanti Limited, has entered into an agreement to sell our collective interests in Société d'Exploitation des Mines d'Or de Sadiola S.A. to Allied Gold Corp AGA and IAMGOLD each hold a 41% interest in SEMOS with the remaining 18% interest held by the Government of Mali.Under the terms of the Agreement, IAMGOLD and AGA will sell their collective interests in SEMOS to Allied Gold for a cash consideration of $105 million U.S. IAMGOLD Corporation shares T.IMG are trading up $0.14 at $4.43.