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0.000995850622406652 0 -0.00138312586445364 0 -0.0017150760719226 0.00138312586445364 -0.00829875518672206 -0.0096818810511757
Stock impact report

Iamgold pours first gold at Côté project in Ontario [Seeking Alpha]

Iamgold Corporation Ordinary Shares (IAG) 
Last iamgold corporation ordinary shares earnings: 2/19 05:25 pm Check Earnings Report
Company Research Source: Seeking Alpha
gold mines in Canada with an expected mine life of more than 18 years and significant opportunities for growth. On a project level, combining the Côté and Gosselin deposits, Côté has a total estimated measured and indicated mineral resource of 16.5M oz with an additional 4.2M oz of inferred resource, the company said. With first gold achieved, Iamgold ( IAG ) said the next step will be to ramp up the operation to commercial production in Q3 towards the goal of exiting the year at a 90% throughput rate. The miner is targeting year-end production of 220K-290K oz on a 100% basis if commissioning continues as planned; so far, the crushing, high-pressure grinding rolls and processing circuits are performing as expected. During the first six years of operation, Iamgold ( IAG ) forecasts Côté's gold production at 495K, while averaging 365K oz/year over the life of the mine. Côté also is the first gold mining project in North America designed and built for a fully automated haulage Show less Read more
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