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United States

IAMGOLD Corp (IAG.N)

IAG.N on New York Stock Exchange

5.00USD
24 Jul 2017
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Latest Key Developments (Source: Significant Developments)

Iamgold Corp prices private offering of $400 mln aggregate principal amount of senior notes due 2025
Thursday, 9 Mar 2017 05:02pm EST 

Iamgold Corp : Iamgold Corp - has priced a private offering of $400 million aggregate principal amount of senior notes due 2025 . Iamgold Corp - notes bear interest at 7.00% per annum and are being issued at a price of 100% of their face amount ."our four-year plan is to increase gold production to one million ounces and to significantly reduce costs".  Full Article

IAMGOLD says to develop solar power capacity for Essakane mine
Monday, 6 Mar 2017 08:42am EST 

IAMGOLD Corp : IAMGOLD partners with Eren Renewable Energy and AEMP to develop solar power capacity for Essakane mine .Power purchase agreement to begin development of a 15 mwp solar power plant in 2017 for company's Essakane mine in Burkina Faso.  Full Article

IAMGOLD Corp announces launch of $500 mln senior notes offering
Friday, 3 Mar 2017 06:54am EST 

IAMGOLD Corp : IAMGOLD corp says has commenced an offering of $500 million aggregate principal amount of senior notes due 2025 . Iamgold announces launch of $500 million senior notes offering .To use net proceeds from offering of notes, together with cash on hand, to fund redemption of its outstanding 6.75% senior notes due 2020.  Full Article

IAMGOLD reports death of an employee at its Westwood mine in Quebec
Thursday, 23 Feb 2017 05:10pm EST 

IAMGOLD Corp - : Reports death of an employee this morning at its Westwood mine in Quebec . Says deceased was discovered lying next to his parked equipment after night shift . Says there were no indications of an accident or equipment failure . Says Westwood's emergency response team was immediately deployed and provided emergency assistance .Says government authorities are leading an investigation to determine cause of death.  Full Article

IAMGOLD reports 6 pct rise in Q4 revenue
Wednesday, 22 Feb 2017 05:15pm EST 

IAMGOLD Corp - : IAMGOLD reports strong operating cash flow, up $276 million (721%) in 2016 . Q4 adjusted earnings per share $0.01 from continuing operations . Q4 revenue rose 6 percent to $252.5 million . IAMGOLD Corp - attributable gold production, inclusive of joint venture operations, for 2016 was 813,000 ounces, up 7,000 ounces from 2015 . IAMGOLD Corp - attributable gold production, inclusive of joint venture operations, for Q4 2016 was 215,000 ounces, up 16,000 ounces from same prior year period . IAMGOLD Corp - total cash costs for q4 2016 were $740 per ounce, down 10% from same prior year period. . IAMGOLD Corp - Q4 2016 all-in sustaining costs were $995 per ounce, 17% lower than q4 2015 . IAMGOLD Corp - qtrly loss per share from continuing operations $0.01 . IAMGOLD Corp - sees 2017 attributable gold production 845,000 oz to 885,000 oz . IAMGOLD Corp - sees 2017 all-in sustaining costs of $1,000 oz to $1,080 oz .IAMGOLD Corp - sees 2017 capital expenditures of$250 million, plus or minus 5%.  Full Article

IAMGOLD says planned production to increase in 2017
Monday, 16 Jan 2017 08:12pm EST 

IAMGOLD Corp : IAMGOLD exceeds production target and expects to achieve cost guidance for 2016; planned production to increase in 2017 with lower all-in sustaining costs . 2017 attributable gold production expected to be between 845,000 and 885,000 ounces . Sees 2017 total cash costs expected to be between $740 and $780 per ounce . Sees 2017 capital expenditures guidance of $250 million ±5% . 2017 total cash costs expected to be between $740 and $780 per ounce . 2017 all-in sustaining costs expected to be between $1,000 and $1,080 per ounce . Attributable gold production for q4 2016 was 215,000 ounces . Says in 2017, increased our budget for exploration projects to $47 million to reflect exploration programs at our saramacca project . 2017 capital expenditures guidance of $250 million ±5% . Says achieved attributable gold production of 813,000 ounces in 2016; above guidance of 770,000 to 800,000 ounces . Says 2016 total cash costs expected to be within guidance of $740 to $770 per ounce. .Says 2016 all-in sustaining costs expected to be within guidance of $1,050 to $1,100 per ounce..  Full Article

IAMGOLD signs agreement to acquire 100 pct of Merrex Gold
Thursday, 22 Dec 2016 09:13am EST 

IAMGOLD Corp : Transaction will proceed by way of a court-approved plan of arrangement under business corporations act . IAMGOLD Corp says expects to issue 6.9 million shares, amounting to less than 1.5% of its issued and outstanding shares, in connection with transaction .IAMGOLD signs agreement to acquire 100% of Merrex Gold.  Full Article

Iamgold announces early tender results of cash tender offer
Monday, 22 Aug 2016 07:00am EDT 

Iamgold Corp :Iamgold announces early tender results of cash tender offer for up to $150 million of its 6.75 pct senior notes due 2020.  Full Article

Iamgold announces $200 million bought deal financing
Monday, 8 Aug 2016 06:52pm EDT 

Iamgold Corp : Iamgold announces $200 million bought deal financing . Plans to use net proceeds of offering to cut indebtedness, and to fund future growth . Underwriters agreed to purchase 38.9 million common shares of company at a price of $5.15 per common share .To use net proceeds of offering to strengthen its balance sheet, by reducing indebtedness, and to fund future growth.  Full Article

IAMGOLD fatality results from bus accident in Burkina Faso
Thursday, 4 Aug 2016 05:09pm EDT 

Iamgold Corp : Fatality resulting from bus accident in Burkina Faso . Says in addition to fatality, seven injured IAMGOLD employees were taken to Ouagadougou for medical treatment . Two employees have been released, and other five remain in stable condition in hospital . IAMGOLD Corp says accident involved two iamgold buses operated by transcordec, which were transporting employees from essakane mine to ouagadougou . IAMGOLD Corp says an investigation into accident has been initiated by company . Death of a contractor's employee in a bus accident between Dori and Kaya .Accident involved two IAMGOLD buses operated by transcordec, which were transporting employees from essakane mine to Ouagadougou.  Full Article