IAMGOLD Corporation

Higher mining and processing costs associated with transitional ore at the Bogoso-Prestea mine in Ghana cut into Go…

A sagging gold price pushed the Toronto Stock Exchange’s gold index 9.28 points, or 4.8%, lower to a 2.5-month low of 183.89 during the July 21-27 report period.

In its struggle to fend off Coeur d’Alene Mines (CDE-N), Wheaton River Minerals (WRM-T) has agreed to sell all the silver produced from its Luismin operations in Mexico to Chap Mercantile (C…

The report period July 14-20 saw the price of gold close down US90. The precious metal fell US$6.35 on July 20 to finish at US$400 per oz. in the afternoon in London. The gold index was down by 2.7%, or 5.53 points, to close at 197.44. The divers…

Having recently lost its bid to merge with Wheaton River Minerals (WRM-T), Iamgold (IMG-T) is setting up a special committee to look for other suitors.

A late-period slide erased earlier gains and helped the Toronto Stock Exchange’s gold index end the July 7-13 report period 0.23 of a point lower at 202.97. The gold miners mirrored the yellow metal, which managed to retain some of its earlier gai…

Shareholders of Iamgold (IMG-T) rejected a merger deal with Wheaton River Minerals (WRM-T) in a vote on July 6, possibly opening the way for takeover bids for the two companies by Golden Star Resource…

The report period June 29-July 6 saw reduced activity caused by Canada Day and, south of the border, Independence Day. Gold closed down $9.75 to finish at US$394.50 per oz. in the afternoon of July 6 in London. The gold index was down by 0.04 poin…