IAMGold Corp. , together with joint venture partner Sumitomo Metal Mining Co., Ltd. , is pleased to announce the official ground-breaking for the Côté Gold Project took place on Friday, September 11, 2020. President and CEO Gordon Stothart announced, "This ground-breaking symbolizes the construction start of the Côté Gold Project, a project which [...]
All amounts are in US dollars, unless otherwise indicated IAMGold Corp. today announced that it has priced a private offering of $450 million aggregate principal amount of senior notes due 2028 . The Notes bear interest at 5.750% per annum and are being issued at a price of 100% of their face amount, providing the Company with gross proceeds of [...]
All amounts are in US dollars, unless otherwise indicated. IAMGold Corp. today announced the commencement of a tender offer to purchase for cash from each registered holder any and all of the Company's outstanding 7.000% Senior Notes due 2025 . The Offer is being made by the Company pursuant to the Offer to Purchase dated September 8, 2020 and the [...]
All amounts are in US dollars, unless otherwise indicated. IAMGold Corp. today announced that it has commenced an offering of $450 million aggregate principal amount of Senior Notes due 2028 . IAMGOLD intends to use the net proceeds from the offering of the Notes to fund the purchase or redemption of all of its outstanding 7.000% Senior Notes due [...]
IAMGold Corp. today announced remaining assay results from its 2020 exploration diamond drilling program completed on the Lac Gamble Zone at the Rouyn Gold Project optioned from Yorbeau Resources Inc. . The project is located 4 km south of Rouyn-Noranda, Quebec, and approximately 45 kilometers southwest of IAMGOLD's Westwood operation. The Company [...]
IAMGold Corp. today announced assay results from the 2020 drilling program completed at its Monster Lake joint venture project, located 50 kilometres southwest of Chibougamau, Canada. The Company is reporting the final assay results from 6 drill holes, totaling 2,991 metres, completed as part of the 2020 exploration program. The assay results are [...]
IAMGold Corp. today announced remaining assay results from its 2020 exploration diamond drilling program completed prior to the suspension of activities last winter at its Nelligan joint venture project: 25%, located 60 kilometres southwest of Chibougamau, Quebec. The Company is reporting assay results from the remaining three diamond drill holes [...]
IAMGold Corp. reported its consolidated financial and operating results for the quarter ended June 30, 2020. "IAMGOLD delivered solid operating results in the quarter, generating $72.4 million in operating cash flow and producing 155,000 ounces of gold. These results were achieved despite the temporary suspension of mining activities at Westwood [...]
All amounts are in US dollars, unless otherwise indicated. IAMGold Corp. today announced the Company has filed a National Instrument 43-101 Technical Report on the Feasibility Study for its 100%-owned underground Westwood Gold Mine , located in Quebec, Canada, with an effective date of April 30, 2020. The results of the FS are in-line with [...]
IAMGold Corp. advises that its Rosebel Gold Mine operation in Suriname has restarted operations following confirmation and advice from the medical experts of the COVID-19 Outbreak Management Team of Suriname that it is safe to restart. In addition, following intervention by the Mediation Board for Suriname, the Union and Rosebel explicitly agreed [...]
IAMGold Corp. , together with joint venture partner Sumitomo Metal Mining Co., Ltd. , is pleased to announce the decision to proceed with the construction of the Côté Gold Project . The Project, located in northern Ontario approximately 20 km southwest of Gogama, 130 km southwest of Timmins, and 200 km northwest of Sudbury, is a 70/30 JV with SMM [...]
IAMGold Corp. will release its second quarter 2020 financial results after market hours on Wednesday August 5th, 2020. CONFERENCE CALL A conference call will be held on Thursday, August 6th, 2020 at 8:30 a.m. for a discussion with management regarding the Company's operating performance and financial results for the second quarter 2020. A webcast [...]