IAMGOLD Mining News

IAMGOLD puts construction of Canadian mine on ice

Building activities at Côté Gold, located in the Abitibi gold belt in Ontario, were slated to start in the first months of 2019, with pre-production beginning in late 2020.

TomaGold consolidates Monster Lake, acquires Irene Lake property

TomaGold will own a 50% interest in the Monster Lake property, with IAMGOLD holding the other 50%.

Iamgold eyes growth in Burkina Faso, unveils resource estimate for Gossey

Combined indicated and inferred resources for the satellite deposit, located 15 km northwest of its Essakane operation in Burkina Faso, amount to 376,000 gold ounces.

Worker strike forces IAMGOLD to suspend operations at Suriname mine

The miner said the strike is a breach of the Collective Labour Agreement.

AngloGold may sell Mali mine after failing to agree investment

AngloGold says it has started the process of selling the Sadiola mine, a joint venture with IAMGOLD.

IAMGOLD considers two mine plans in Côté feasibility study

The extended plan increases the mine life by two years, raising production to 372,000 oz. gold per year and all-in sustaining costs to US$703 oz. gold per year.

Iamgold to apply for mining concession at ‘promising’ project in Senegal

Company said feasibility study for its Boto gold asset outlines an economically robust, low cost production project which will produce 140,000 ounces of gold annually on average over a 13-year lifespan.

Young Mining Professionals names its 2018 Scholarship Fund winners for Canadian mining and geology students

The Scholarship Fund is YMP's initiative to attract the next generation of Canadian leaders to the Mining industry.

MAC fetes Vale and IAMGOLD with 2018 TSM Excellence Awards

The companies were recognized with the awards yesterday at the CIM Awards Gala in Vancouver.

IAMGOLD closer to deciding future of Ontario gold project

Company expects Côte Gold project to create as many as 1,200 jobs during the construction phase, estimated to last two years.

Can Mali maintain its gold mining status?

The fate of IAMGOLD's Sadiola mine hangs in the balance as Mali's gold exports fall and production winds down.

Why IAMGOLD could be the next gold major: CEO Steve Letwin interview

CEO Stephen Letwin says IAMGOLD – one of the best-performing gold stocks so far in 2017 - is gunning to be a gold major.

Japan’s Sumitomo Metal becomes IAMGOLD partner in Canadian project

With the completion of the Japanese firm acquisition of 30% of Côté Gold Project, IAMGOLD's liquidity now exceeds $1 billion.

IAMGOLD sells stake in Ontario gold project to Sumitomo for $195 million

The deal comes as Sumitomo, Japan’s top gold miner, looks to boost its output through acquisitions and exploration.

Burkina Faso gold mine to build solar hybrid power plant

IAMGOLD (TSX:IMG) is taking a further step towards diversifying its power needs into renewable energy, with a plan to install at 15-megawatt-peak (MWp) solar power plant at its Essakane mine in Burkina Faso.

Gold miners hammered by metal’s biggest one-day loss this month

Shares in most gold miners fell Monday as the precious metal price dropped more than 1% in early trading and was steadily heading to its largest single-session loss of the month.

IAMGOLD cuts 10% of staff at Rosebel Mine

Current gold environment necessitates cost cutting.

New mining code in Burkina Faso should not affect current operations — Iamgold

The code, which is yet to be formalized into law, respects clauses in existing deals, said the miner.

Iamgold trims 2015 output forecast over earthquake disruption at Quebec mine

The Canadian miner said it expects the lower output to "adversely" impact costs at the mine.

AngloGold, Newmont in talks over sale of Colorado mine

The sale would be one of the largest of a U.S. gold mine since the price of the precious metal began falling in 2013.

AngloGold a step closer to selling U.S. mine

Newmont, Kinross, Goldcorp and Iamgold among the companies said to be interested in all of part of Cripple Creek & Victor mine.

Former Barrick Gold chief the new owner of Iamgold’s Niobec mine in Quebec

This is Aaron Regent’s first acquisition since founding Toronto-based Magris Resources.

After the gold rush

Under the golden light of the setting Saharan sun, two types of workers shuffle between concrete huts on their way home, still bathed in sweat from a day in the mines.

Mick the Miner in talks to buy Anglo’s assets, no deal tabled

Sources close to X2 Resources, Davis' new company, have cast doubts on reports that the firm had made an offer.

Mick Davis has now almost $5 billion to build new mining empire

The former Xstrata boss' new venture, X2 Resources, is "currently reviewing a number of opportunities in the metals and mining sector."