All amounts are expressed in US dollars, unless otherwise indicated.
TSX: IMG NYSE: IAG
TORONTO, Jan. 16, 2012 /CNW/ - IAMGOLD Corporation ('IAMGOLD' or the 'Company') today announced the following:
-- Gold production of 253,000 attributable ounces of gold in the fourth quarter of 2011; -- The Company's 2011 total year attributable gold production from continuing operations
TORONTO, Dec. 21, 2011 /CNW/ - IAMGOLD Corporation ('IAMGOLD' or the 'Company') and The Government of the Republic of Suriname announced today that they have entered into a Heads of Agreement relating to a proposed significant expansion of the Rosebel Gold Mine.
IAMGOLD's President and CEO, Steve Letwin, commented, 'Reaching an initial agreement on the terms and conditions necessary for the
TORONTO, Dec. 16, 2011 /CNW/ - IAMGOLD Corporation ('IAMGOLD' or the 'Company') today reported the end of a minor labour disruption at its Essakane Mine in Burkina Faso, which began when a small number of employees walked off the job illegally earlier in the week. Gold production at the plant was not materially affected and the Company maintains its production guidance for the year.
All amounts are expressed in US dollars, unless otherwise indicated.
TORONTO, Dec. 9, 2011 /CNW/ - IAMGOLD Corporation ('IAMGOLD' or the 'Company') today reported that it has increased its annual dividend payment by 25% from $0.20 per share to $0.25 per share. The next semi-annual dividend payment in the amount of $0.125 per share will be paid on January 5, 2012 to shareholders of record as of the close of trading on December 20, 2011. This represents a 317% increase in the dividend over the last twelve months.
IAMGOLD's President and CEO, Steve Letwin said, 'Our strong cash flow allows us to invest in both growing the business and increasing dividends. IAMGOLD has a strong balance sheet and a focused portfolio of assets that generates significant operating cash flow. This is our third dividend increase in the last twelve months, which reflects the confidence we have in the current and future cash flows for the Company.'
For purposes of subsection 89(14) of the Income Tax Act, the Company designates all dividends payable on December 20, 2011 to be eligible dividends.
Forward Looking Statement
This news release contains forward-looking statements. All statements, other than of historical fact, that address activities, events or developments that the Company believes, expects or anticipates will or may occur in the future (including, without limitation, statements regarding the estimation of mineral resources, exploration results, potential mineralization, potential mineral resources and mineral reserves) are forward-looking statements. Forward-looking statements are generally identifiable by use of the words 'may', 'will', 'should', 'continue', 'expect', 'anticipate', 'estimate', 'believe', 'intend', 'plan' or 'project' or the negative of these words or other variations on these words or comparable terminology. Forward-looking statements are subject to a number of risks and uncertainties, many of which are beyond the Company's ability to control or predict, that may cause the actual results of the Company to differ materially from those discussed in the forward-looking statements. Factors that could cause actual results or events to differ materially from current expectations include, among other things, without limitation, failure to establish estimated mineral resources, the possibility that future exploration results will not be consistent with the Company's expectations, changes in world gold markets and other risks disclosed in IAMGOLD's most recent Form 40-F/Annual Information Form on file with the United States Securities and Exchange Commission and Canadian provincial securities regulatory authorities. Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement.
About IAMGOLD
IAMGOLD (www.iamgold.com) is a leading mid-tier gold mining company producing approximately one million ounces annually from five gold mines (including current joint ventures) on three continents. IAMGOLD is uniquely positioned with a strong financial position and extensive management and operational expertise. To grow from this strong base, IAMGOLD has a pipeline of development and exploration projects and continues to assess accretive acquisition opportunities. IAMGOLD's growth plans are strategically focused in West Africa, select countries in South America and regions of Canada. IAMGOLD also operates Niobec, a niobium mine in the Canadian province of Quebec.
Please note: This entire news release may be accessed via fax, e-mail, IAMGOLD's website at www.iamgold.com and through CNW Group's website at www.newswire.ca. All material information on IAMGOLD can be found at www.sedar.com or at www.sec.gov.
All amounts in Canadian dollars unless otherwise indicated.
TORONTO, Dec. 6, 2011 /CNW/ - IAMGOLD Corporation ('IAMGOLD' or the 'Company') today announced that, as a result of a subscription to a private placement, it has acquired 15,384,615 units (each a 'Unit') of Tolima Gold Corp. ('Tolima'), at the price of $0.65 per Unit, for a total amount of $10,000,000 (the 'Subscription'). Each Unit is
All amounts are expressed in U.S. dollars, unless otherwise indicated.
TORONTO, Nov. 8, 2011 /CNW/ - IAMGOLD Corporation ('IAMGOLD' or 'the Company') today reported its unaudited consolidated financial and operating results for the third quarter ended September 30, 2011.
In the third quarter of 2011, revenues from continuing operations increased by 84% to $431.9 million and gold margins(1) increased by 42% to
All amounts in Canadian dollars unless otherwise indicated.
TORONTO, Nov. 8, 2011 /CNW/ - IAMGOLD Corporation ('IAMGOLD' or the 'Company') today announced that, as a result of a subscription to a private placement, it has acquired 11,000,000 units (each a 'Unit') of Bellhaven Copper and Gold Inc. ('Bellhaven'), at the price of $0.55 per Unit, for a total amount of $6,050,000 (the
All amounts in Canadian dollars unless otherwise indicated.
TSX: IMG NYSE: IAG
TORONTO, Nov. 4, 2011 /CNW/ - IAMGOLD Corporation ('IAMGOLD' or the 'Company')
today announced that by way of a private placement it has acquired 12,000,000 units (each a 'Unit') of Colombia Crest Gold Corp. ('Colombia Crest'), at the price of $0.285 per Unit, for a total amount of $3,420,000. Each Unit is comprised of one common [...]
TORONTO, ONTARIO -- (Marketwire) -- 10/13/11 -- IAMGOLD Corporation (TSX: IMG)(NYSE: IAG) will release its third quarter 2011 financial results before market hours on Wednesday, November 9th, 2011.
CONFERENCE CALL
A conference call will be held on Wednesday, November 9th at 9:00 a.m. (Eastern Standard Time) for a discussion with management regarding the Company's operating performance and financial results for the
TORONTO, ONTARIO -- (Marketwire) -- 10/11/11 -- IAMGOLD Corporation ('IAMGOLD' or the 'Company') (TSX: IMG)(NYSE: IAG) today announced the following for the third quarter of 2011:
-- gold production of 222,000 ounces from continuing operations and represents: -- an increase of 18.1% from the 188,000 ounces produced in the second quarter of 2011; -- a 13.8% increase from the 195,000 ounces
TORONTO, ONTARIO -- (Marketwire) -- 09/29/11 -- IAMGOLD Corporation ('IAMGOLD' or the 'Company') (TSX: IMG)(NYSE: IAG) today announced that it has embarked upon an innovative Canadian Public-Private Partnership to improve educational opportunities and provide greater access to 'job-readiness' training for the youth of Burkina Faso in West Africa. The Canadian International Development Agency (CIDA) has approved funding
TORONTO, ONTARIO -- (Marketwire) -- 09/19/11 -- IAMGOLD Corporation ('IAMGOLD' or the 'Company') (TSX: IMG)(NYSE: IAG)
All amounts are expressed in US dollars, unless otherwise indicated.
IAMGOLD Corporation ('IAMGOLD' or the 'Company') today announced an update on its exploration of the rare earth elements ('REE') adjacent to its Niobec niobium mine near Saguenay, Quebec, Canada. The known rare earth element zone
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