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Last C$2.40 CAD
Change Today -0.01 / -0.41%
Volume 628.5K
IMG On Other Exchanges
As of 4:15 PM 07/3/15 All times are local (Market data is delayed by at least 15 minutes).

iamgold corp (IMG) Snapshot

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52 Week High
07/10/14 - C$4.55
52 Week Low
11/5/14 - C$1.62
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iamgold corp (IMG) Details

IAMGOLD Corporation primarily engages in the exploration, development, and operation of gold mining properties. It also explores for silver and copper deposits. The company holds interests in four operating gold mines, as well as exploration and development projects located in Africa, South America, and Canada. IAMGOLD Corporation was incorporated in 1990 and is headquartered in Toronto, Canada.

Founded in 1990

iamgold corp (IMG) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: C$881.5K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: C$453.9K
Chief Operating Officer and Executive Vice Pr...
Total Annual Compensation: C$538.6K
Senior Vice President of Business Development...
Total Annual Compensation: C$352.6K
Senior Vice President of Exploration
Total Annual Compensation: C$336.4K
Compensation as of Fiscal Year 2014.

iamgold corp (IMG) Key Developments

IAMGOLD Corp. Revises Production Guidance for 2015

IAMGOLD Corp. revised production guidance for 2015. For the period, the company's second quarter of 2015 production is expected to be slightly below the production of 208,000 ounces in first quarter of 2015 and this has led to a downward revision of the company's production guidance to a range of 780,000 to 815,000 ounces for 2015. Although the cost impact is still being assessed, the lower production guidance is expected to adversely impact Westwood's production costs. The company's attributable annual production guidance is a net reduction of 40,000 ounces or 4.9% to the bottom end of the range and 45,000 ounces or 5.2% to the top end of the guidance range. The revised guidance for attributable gold production for 2015, is now a range of 780,000 to 815,000 ounces.

IAMGOLD Corporation Provides Update from its Ongoing Exploration Program at its Optioned Monster Lake Project

IAMGOLD Corporation provided an update from its ongoing exploration program at its optioned Monster Lake project located 50 kilometres southwest of Chibougamau, Quebec, Canada. The company is reporting assay results from the 2015 winter diamond drilling program completed in April and totaling 7,782 metres from 21 diamond drill holes. The assay results from all of the 2015 winter drill holes completed are provided in Table 1 below and include the following highlights: 325 - Megane Zone and Monster Lake Shear Zone: Drillhole ML15-134: 1.46 metres grading 18.80 g/t gold; Drillhole ML15-135: 1.39 metres grading 7.25 g/t gold; Drillhole ML15-147: 3.41 metres grading 4.51 g/t gold and 10.72 metres grading 3.64 g/t gold; Includes: 2.08 metres grading 9.04 g/t gold; Drillhole ML15-152: 2.09 metres grading 4.13 g/t gold and 5.72 metres grading 4.21 g/t gold. The 2015 winter drilling program was designed to evaluate priority targets identified from a target generation exercise completed over the entire property and take advantage of winter access conditions. Target areas evaluated included: the west limb of the prominent folded unit along which new gold showings were identified in 2014; the south-west and north-east strike extensions of the 325-Megane Zone and the structural corridor referred to as the Monster Lake Shear Zone (MLSZ); as well as the Zone 52 and Eratix prospect areas. A few of the holes were drilled to better delineate the 325-Megane Zone. Concurrent with the 2015 winter drilling program, a Versatile Time Domain Electromagnetic airborne survey (VTEM) was also flown over the Lac a L'Eau Jaune and Winchester claim blocks. The survey has identified several strong conductors coincident with the well-known, prominent magnetic anomalies similar to that observed along the MLSZ. These targets will be evaluated in the ongoing exploration program.

IAMGOLD Corp. In Talks To Acquire Stake In Sadiola

IAMGOLD Corp. (TSX:IMG) is in continued discussions to acquire stake in Societe D'exploitation Des Mines D'or De Sadiola S.A. from AngloGold Ashanti Ltd. (JSE:ANG). AngloGold and IAMGOLD each own 41% of the Sadiola mine in southwestern Mali and 40% of the nearby Yatela mine. The deal is likely to involve three considerations, including costs for Yatela and cash for the assets. The talks, however, are not bound by a timeline, according to AngloGold CEO Srinivasan Venkatakrishnan.


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