TSX: IMG NYSE: IAGTORONTO, April 16, 2013 /CNW/ - IAMGOLD Corporation ("IAMGOLD" or the "Company") corrects information reported today concerning spending at the Company's Essakane mine in Burkina Faso.IAMGOLD is maintaining previously announced $300 million capital spending plans for Essakane in 2013, of which approximately $200 million is required to complete a project to expand its throughput [...]
TSX: IMG NYSE: IAGTORONTO, April 15, 2013 /CNW/ - IAMGOLD Corporation ("IAMGOLD" or the "Company") announced on November 26, 2012 that it had reached a definitive agreement (the "Agreement") with the Government of the Republic of Suriname (the "Government") addressing future resource development and related power costs. On April 13, 2013, the Agreement was approved by the legislative authority of [...]
TSX: IMG NYSE: IAGTORONTO, April 12, 2013 /CNW/ - IAMGOLD Corporation ("the Company") will release its first quarter 2013 financial results after market hours on Tuesday, May 7th, 2013.CONFERENCE CALLA conference call will be held on Wednesday, May 8th at 8:30 a.m. (Eastern Standard Time) for a discussion with management regarding the Company's operating performance and financial results for the first [...]
All amounts are expressed in Canadian dollars.TSX: IMG NYSE: IAGTORONTO, April 3, 2013 /CNW/ - IAMGOLD Corporation ("IAMGOLD" or the "Company") today announced that, indirectly through a wholly owned subsidiary, it has acquired, as a result of a subscription to a private placement in the amount of $150,000, an additional 1,500,000 common shares of GoldON Resources Ltd. ("GoldON") and 1,500,000 warrants [...]
Gold mining stocks have largely underperformed gold prices over the past few years. Gold prices fell below $1,600 an ounce Tuesday as strong U.S. economic data and news of Cyprus' bailout deal tarnished the metals safe haven appeal to investors. The SPDR Gold Trust ETF (GLD) has fallen roughly 4.5 percent year-to-date, while the Market Vectors Gold Miners ETF (GDX) has fallen roughly 20 percent over the same period. Five [...]
TSX: IMG NYSE: IAGTORONTO, March 25, 2013 /CNW/ - IAMGOLD Corporation ("IAMGOLD" or the "Company") today announced that its board of directors (the "Board") has adopted amendments to the Company's By-Laws, including introducing an advance notice requirement in connection with shareholders intending to nominate directors in certain circumstances (the "By-Law Amendments").In particular, the By-Law [...]
All amounts are expressed in U.S. dollars, unless otherwise indicated. TSX: IMG NYSE: IAGTORONTO, March 21, 2013 /CNW/ - IAMGOLD Corporation ("IAMGOLD" or the "Company") today announced that the gold processing plant at the Westwood Mine in Quebec has started up. Initially processing stockpiled ore from the adjacent Mouska Mine, in 2013 the plant is expected to produce approximately 140,000 ounces [...]
All amounts are expressed in U.S. dollars, unless otherwise indicated.TSX: IMG NYSE: IAGTORONTO, March 4, 2013 /CNW/ - IAMGOLD Corporation ("IAMGOLD" or the "Company") today announced that to reinforce an already strong financial position and improve its return on capital, the Company has initiated a program to reduce annualized spending by $100 million. This will be achieved through cost-cutting [...]
Gold stocks have struggled in 2013 as growing optimism for the global economy has lessened gold's appeal as a safe haven. Both the Market Vectors Gold Miners ETF (GDX) and the Market Vectors Junior Gold Miners ETF (GDXJ) have fallen nearly 20 percent year-to-date. Research Driven Investing examines investing opportunities in the Gold Industry and provides equity research on IAMGOLD Corporation (NYSE: IAG) (TSX: IMG) and [...]
TSX: IMG NYSE: IAG All amounts are expressed in U.S. dollars, unless otherwise indicated.Refer to the annual Management Discussion and Analysis (MD&A) and audited consolidated Financial Statements for more information. TORONTO, Feb. 20, 2013 /CNW/ - IAMGOLD Corporation ("IAMGOLD" or the "Company") today reported consolidated financial and operating results for the year [...]
TSX: IMG NYSE: IAG All dollar amounts are in U.S. dollars unless otherwise indicated.TORONTO, Feb. 20, 2013 /CNW/ - IAMGOLD Corporation ("IAMGOLD" or "the Company") today announced its 2012 year-end mineral reserve and resource statement. Highlights include:Attributable proven and probable gold reserves for the end of 2012 were 11.3 million ounces, compared to 13.3 million ounces at the end of 2011 [...]
All amounts are expressed in Canadian dollars.TSX: IMG NYSE: IAG TORONTO, Feb. 12, 2013 /CNW/ - IAMGOLD Corporation ("IAMGOLD" or the "Company") today announced that it has indirectly received, through its 95% owned subsidiary, 3,236,246 common shares of Eagle Mountain Gold Corp. ("EMGC"), formerly Stronghold Metals Inc., (TSX-V: Z). The shares were received, on a prospectus exempt basis, as [...]