IAMGOLD's Feasibility Study for Boto Gold Delivers Significantly Improved Project Economics
Iamgold Corporation Ordinary Shares (IAG)
Last iamgold corporation ordinary shares earnings: 2/19 05:25 pm
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Source: PR Newswire
23% After-tax Internal Rate of ReturnPayback 3.4 yearsNet Present Value $261 million All amounts are in US dollars, unless otherwise indicated. TORONTO, Oct. 22, 2018 /PRNewswire/ - IAMGOLD Corporation ("IAMGOLD" or the "Company") today announced positive results from a Feasibility Study ("FS") for its Boto Gold Project (the "Project") in Senegal, West Africa. The results outline an economically robust project with an anticipated low cost of production and long operating life. The FS demonstrates a significant economic and operational improvement compared to the Pre-feasibility Study ("PFS") results announced in February of this year. The FS will be used to support an application for a mining concession in the fourth quarter of 2018.PROJECT HIGHLIGHTS (100% BASIS)Proven and Probable Reserves ("P&P") increased by 0.51 million ounces to 1.93 million ounces grading 1.71 g/t Au versus the P&P Reserves from the PFS Indicated Resources (including Reserves) of 2.49 million ounces gr
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IAG
Earnings
- 2/15/24 - Beat
IAG
Sec Filings
- 4/5/24 - Form 6-K
- 4/5/24 - Form 6-K
- 4/5/24 - Form 6-K
- IAG's page on the SEC website