Key Developments: IAMGOLD Corp (IAG.N)

IAG.N on New York Stock Exchange

6 Oct 2015
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Latest Key Developments (Source: Significant Developments)

IAMGOLD Corp gives Q1 2015 production outlook: revises FY 2015 production outlook
Monday, 29 Jun 2015 08:30am EDT 

IAMGOLD Corp:Expects Q2 2015 production to be slightly below the production of 208,000 ounces in Q1 2015.Revised guidance for attributable gold production for FY 2015 is a range of 780,000 to 815,000 ounces.  Full Article

IAMGOLD announces retirement of Chairman
Wednesday, 25 Mar 2015 08:30am EDT 

IAMGOLD Corp:Says Bill Pugliese, founder and current Chairman of the Board, has advised the Board that after 25 years as Chairman he has decided to retire.Intends to appoint existing director Don Charter as the new Chairman following the Annual Meeting.  Full Article

Sandstorm Gold Ltd acquires royalty on Diavik Diamond Mine from IAMGOLD Corp
Monday, 23 Mar 2015 09:27am EDT 

Sandstorm Gold Ltd:Acquires 1 pct gross proceeds royalty over property in Lac de Gras in Northwest Territories, Canada, including property constituting the Diavik Diamond Mine operated by Rio Tinto PLC.Says it acquired Diavik Mine royalty from IAMGOLD Corporation for $52.5 million in cash and 3 million warrants of Sandstorm.  Full Article

IAMGOLD Corp reaffirms FY 2015 production guidance - Conference Call
Thursday, 19 Feb 2015 08:30am EST 

IAMGOLD Corp:Says guidance for FY 2015, expect to produce between 820,000 and 860,000 ounces, using gold price assumption of $1,250 ounce.  Full Article

IAMGOLD Corp completes sale of Niobec
Thursday, 22 Jan 2015 08:30am EST 

IAMGOLD Corp:Announces that it has completed the sale of its Niobec mine to a group of companies led by Magris Resources Inc.On closing, IAMGOLD received $500 million in cash after tax for the niobium business.  Full Article

IAMGOLD Corp gives FY 2015 production guidance
Thursday, 22 Jan 2015 07:30am EST 

IAMGOLD Corp:Expects FY 2015 attributable gold production to range between 820,000 and 860,000 ounces.  Full Article

IAMGOLD cleared to complete sale of Niobec for total consideration of $530 mln
Friday, 16 Jan 2015 07:01am EST 

IAMGOLD Corp:Received regulatory approvals to complete the sale of its Niobec mine to group of companies led by Magris Resources Inc.Says for cash proceeds of $500 mln after tax upon closing.With these approvals in place, the sale of Niobec is expected to close before the end of Jan. 2015.Total consideration of $530 mln for the transaction is comprised of cash payment of $500 mln payable on closing, as well as an additional $30 mln when the adjacent REE deposit goes into commercial production.Says 2 pct gross proceeds royalty will be payable on any REE production.The transaction proceeds on closing of $500 mln, when added to current cash and cash equivalents as well as the market value of the Company's gold holdings, strengthen IAMGOLD's liquid assets to over $800 mln.Company also has $500 mln in unused credit facilities.  Full Article

Vanstar Mining Resources Inc grants an option on the Nelligan Project to IAMGOLD
Monday, 17 Nov 2014 08:30am EST 

Vanstar Mining Resources Inc:Announced the execution of an option and joint venture agreement with IAMGOLD Corp for the Nelligan gold project.Says under the terms of the agreement, Vanstar has granted IAMGOLD an option to earn up to an 80 pct interest in the Project, which is comprised of 92 mining claims and located 45 km south of the village of Chapais in the Province of Quebec.Says IAMGOLD is currently finalizing program planning and design for an initial exploration drilling program to be initiated before year end.  Full Article

IAMGOLD Corp narrows FY 2014 production outlook
Wednesday, 12 Nov 2014 05:07pm EST 

IAMGOLD Corp:Says to meet FY 2014 gold production, with production range narrowed to 835,000 to 850,000 ounces from 835,000 to 900,000 ounces.  Full Article

IAMGOLD to sell Niobec for a total consideration of $530 million
Friday, 3 Oct 2014 06:10am EDT 

IAMGOLD Corporation:Announces that it has reached an agreement to sell its Niobec mine, to a group of companies led by Magris Resources Inc. for cash proceeds of $500 million after tax upon closing.Says the total consideration of $530 million for the transaction is comprised of a cash payment of $500 million payable on closing, as well as an additional $30 million when the adjacent REE deposit goes into commercial production.  Full Article

Mali mine sale talks progress but no urgency: AngloGold CEO

- Talks on Iamgold Corp's possible purchase of AngloGold Ashanti Ltd's stakes in two gold mines in Mali are moving along well but there is no urgency to do a deal, AngloGold's chief executive said on Monday.

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