IAMGOLD Corporation today announced that it has exercised its option to increase its undivided interest in the Nelligan Joint Venture Project , by a further 24% to now hold an aggregate undivided interest of 75% in the property. Nelligan is held under an earn-in option to joint venture agreement : 25%) with IAMGOLD as the operator, located 60 kilometres southwest of Chibougamau, Quebec, Canada. The Project hosts Mineral [...]
IAMGOLD Corporation announced today that the Company has filed a National Instrument 43-101 Technical Report supporting the initial Mineral Resource estimate for the Nelligan Gold Project, located in Quebec, reported in the Company's news release dated October 22, 2019. The NI 43-101 was prepared by Mr. Alain Carrier, P. Geo., Mr. Vincent Nadeau-Benoit, P. Geo., and Mr. Stéphane Faure, PhD, P.Geo., consultants from [...]
All monetary amounts are expressed in U.S. dollars, unless otherwise indicated. For more information, refer to the Management Discussion and Analysis and Unaudited Consolidated Interim Financial Statements for the nine months ended September 30, 2019. IAMGold Corp. reported its consolidated financial and operating results for the quarter ended September 30, 2019. "We had a solid third quarter, with operating cash flow [...]
All amounts are in US dollars, unless otherwise indicated. IAMGold Corp. today announced positive results from a Feasibility Study for the Carbon-in-Leach and Heap Leach Project at its Essakane operation in Burkina Faso, West Africa. The results support an increase in current hard rock carbon-in-leach plant capacity and outlines an economically viable Heap Leach facility at the end of CIL operations. FEASIBILITY [...]
IAMGOLD Corporation is pleased to announce that delivery of the first ore from the Saramacca open pit was made to the mill at its Rosebel Gold Mine in Suriname. The initial delivery was made possible by the use of an alternate road. Construction of the haul road for Saramacca is continuing on plan, with expected completion at the end of first quarter 2020. IAMGOLD had guided to nominal production from Saramacca in the [...]
IAMGOLD Corporation today entered into a subscription agreement with INV Metals Inc. pursuant to which IAMGOLD will indirectly, through a wholly-owned subsidiary, acquire 13,889,880 common shares of INV , from treasury, at a price of C$0.40 per INV Share, for gross proceeds totalling C$5,555,952. The Subscription has been entered in connection with INV's non-brokered private placement of INV Shares, announced October 21 [...]
IAMGOLD Corporation is pleased to announce that its Nelligan Gold Project was awarded the Discovery of the Year by the Association de l'Exploration Minière du Québec at its XPLOR 2019 Reconnaissance Gala on October 23, 2019. The Project is a joint venture between IAMGOLD: 51%, and Vanstar Mining Resources : 49%. "The IAMGOLD team worked very hard to achieve this major result, and to advance Nelligan to the [...]
IAMGOLD Corporation today announced the initial Mineral Resource estimate on its Nelligan Joint Venture Project : 49%), located 60 kilometres southwest of Chibougamau, Quebec, Canada. 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 initial Mineral Resource estimate, on a 100% basis [...]
IAMGOLD Corporation will release its third quarter 2019 financial results after market hours on Wednesday, November 6th, 2019. CONFERENCE CALL A conference call will be held on Thursday, November 7th, 2019 at 8:30 a.m. for a discussion with management regarding the Company's operating performance and financial results for the third quarter 2019. A webcast of the conference call will be available through the Company's [...]
IAMGOLD Corporation confirms that it continues ramp-up activities at its southern pits at its Rosebel Gold Mine in Suriname. In response to recent media reports, the Company reports that there was no blockade at Rosebel. We reiterate that our 2019 guidance for Rosebel remains conservative, incorporating several scenarios, including cases with no production from the southern pits and Saramacca. We continue to work closely [...]
IAMGold Corp. today announced assay results from its 2019 drilling program on its wholly owned Karita project in North-Eastern Guinea. The project is strategically located along the prolific Senegal - Mali Shear Zone in West Africa, between the Company's Boto Gold Project in Senegal to the north, and its Diakha-Siribaya project in Mali to the south. The Company is reporting assay results from 16 reverse circulation drill [...]
IAMGOLD Corporation today announced that, in continued coordination with the Government of Suriname and local stakeholders, mining operations have resumed in the southern pits of Mayo and Royal Hill at its Rosebel Gold Mine , with full ramp up expected in approximately 30 days. Mine development activities at Saramacca site have also resumed. A recall plan is in place for the 325 contractors who were released on August 15 [...]