IAMGold Corp. today announced an updated Mineral Resource estimate and filed a supporting National Instrument 43-101 Technical Report for its 100% owned Pitangui Project, located approximately 110 kilometres northwest of the city of Belo Horizonte, in Minas Gerais State, Brazil. The estimate was completed in accordance with the Canadian Institute of Mining, Metallurgy and Petroleum Definition Standards incorporated by [...]
All 2019 numbers are preliminary and unaudited and subject to final adjustment; All amounts are expressed in US dollars, unless otherwise indicated IAMGold Corp. today announced preliminary operating results for 2019, as well as guidance for 2020 and 2021. "Through the skill and commitment of our team and ongoing support of our stakeholders, we were able to face a number of challenges in 2019 head-on and still deliver a [...]
IAMGold Corp. announced today that CEO Stephen J.J. Letwin has announced his intention to retire following a successful decade at the helm of IAMGOLD and P. Gordon Stothart, President and COO, will succeed Mr. Letwin in the role of President and Chief Executive Officer and will join the Board of Directors, effective March 1, 2020. Mr. Letwin and Mr. Stothart have worked closely since Mr. Letwin's appointment as CEO a [...]
All monetary amounts are expressed in U.S. dollars, unless otherwise indicated. IAMGold Corp. today announced that the Government of the Republic of Senegal has approved the mining permit application for the Boto Gold Project for an initial period of 20 years, principally under the provisions of Senegal's 2003 mining code. The receipt of the mining permit positions the Project for a development decision and eventual [...]
IAMGold Corp. announced that the Company, together with our joint venture partner, AngloGold Ashanti Ltd. , has entered into an agreement to sell our collective interests in Société d'Exploitation des Mines d'Or de Sadiola S.A. to Allied Gold Corp . AGA and IAMGOLD each hold a 41% interest in SEMOS with the remaining 18% interest held by the Government of Mali. Under the terms of the Agreement, IAMGOLD and [...]
IAMGold Corp. provides the following updated production guidance for its underground Westwood Gold Mine , located in Quebec, Canada. The guidance incorporates modified mining methods, operational practices and revised productivity assumptions, based on recent operating experience at the mine. The following figures are to be further refined and confirmed as the Company continues its ongoing engineering studies. Based on [...]
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 [...]