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Former Barrick Gold Corp. chief executive Aaron Regent is back in the mining business.

Mr. Regent’s private equity firm has teamed up with Asian investors to buy Iamgold Corp.’s niobium mine and rare earth deposit in Quebec for $530-million (U.S.) in cash.

Read more at: http://www.theglobeandmail.com/report-on-business/industry-news/energy-and-resources/iamgold-to-sell-niobec-mine-in-quebec-for-500-million/article20906794/