All dollar amounts are in U.S. dollars unless otherwise indicated. Measured and Indicated Resource Estimates are quoted Inclusive of Mineral Reserves for all sites and projects IAMGOLD Corporation today announced its 2018 year-end mineral reserve and resource statement. Total attributable Proven and Probable gold Reserves increased by 23% to 17.9 million ounces at the end of 2018 from 14.5 million ounces of gold at the [...]
IAMGOLD Corporation announced today that the Company has filed a National Instrument 43-101 Technical Report supporting the updated Mineral Resource estimate for the Diakha-Siribaya Gold Project, located in western Mali, West Africa, reported in the Company's news release dated January 30, 2019. The NI 43-101 was prepared by Mr. Tudorel Ciuculescu, P. Geo., of Roscoe Postle Associates Inc. , who is an independent [...]
IAMGOLD Corporation today announced an updated Mineral Resource estimate on its 100% owned Diakha - Siribaya Gold Project, located in western Mali, West Africa. The estimate was completed in accordance with the Canadian Institute of Mining, Metallurgy and Petroleum Definition Standards incorporated by reference in National Instrument 43-101 . The Mineral Resource estimate comprises 18.0 million tonnes of Indicated [...]
All monetary amounts are expressed in US dollars, unless otherwise indicated. IAMGOLD Corporation today announced its decision not to proceed with construction of the Côté Gold Project in Ontario. “We are focused on creating superior shareholder value by allocating our capital to our best near- and long-term opportunities in a manner that is consistent with shareholder expectations, and with our goal of [...]
IAMGOLD Corporation announced today that the Company has filed a National Instrument 43-101 Technical Report supporting the initial Mineral Resource estimate for the Gossey satellite deposit, located approximately 15 kilometres northwest of its Essakane operation in Burkina Faso, reported in the Company's news release dated December 12, 2018. The NI 43-101 was prepared by Mr. James Purchase, P. Geo., of G Mining Services [...]
All 2018 numbers are preliminary and unaudited and subject to final adjustment. All amounts are expressed in US dollars, unless otherwise indicated. IAMGOLD Corporation today announced preliminary operating results for 2018 and guidance for 2019. "IAMGOLD continued to execute on its operating strategy in 2018," said IAMGOLD's President and CEO, Steve Letwin. "We anticipate annual production of 882,000, including another [...]
All monetary amounts are expressed in US dollars, unless otherwise indicated. IAMGOLD Corporation today announced that it has entered into a forward gold sale arrangement with financial institutions whereby the Company will receive a prepayment amount of $170 million in exchange for delivering 150,000 ounces in 2022, with a gold floor price of $1,300 per ounce and a cap price of $1,500 per ounce. This Prepaid Gold [...]
IAMGOLD Corporation today provided a further update from its 2018 drilling program completed at its Nelligan joint venture project : 49%), located 60 kilometres southwest of Chibougamau, Quebec, Canada. The Company is reporting assay results from the remaining nine diamond drill holes totaling 4,487 metres completed as part of the 2018 drilling program. The assay results reported herein are provided in Table 1 below and [...]
IAMGOLD Corporation today provides an update on Brownfield Project milestones. Gord Stothart, Executive Vice President and COO for IAMGOLD, stated: "These low-capex, short payback projects are illustrative of the short-cycle investments we have undertaken at our mines to transform the assets and leverage existing infrastructure. Throughout past years and into 2018, we have continued to achieve our targeted project [...]
IAMGold Corp. today announced an initial Mineral Resource estimate for the Gossey satellite deposit, located approximately 15 kilometres northwest of its Essakane operation in Burkina Faso. The estimate was completed in accordance with the Canadian Institute of Mining, Metallurgy and Petroleum Definition Standards incorporated by reference in National Instrument 43-101 . The resource estimate comprises 10.5 million tonnes [...]
IAMGOLD Corporation announced today that the Company has filed a National Instrument 43-101 Technical Report supporting the Feasibility Study for the Côté Gold Project in Northern Ontario, reported in the Company's news release dated November 1, 2018. During the report compilation process, there was a minor re-classification adjustment between the Proven and Probable categories. While Total Reserves remain [...]
All monetary amounts are expressed in US dollars, unless otherwise indicated. IAMGOLD Corporation announces today that it has amended its revolving credit facility , with the amount increased to $500 million from $250 million and the term extended to 2023. The commitments are secured by a syndicate of lenders led by National Bank of Canada and Deutsche Bank AG, Canada Branch, and including Citibank, N.A., Canadian Branch [...]