IAMGOLD Corporation

Niobec stake could be cash cow for Iamgold

Iamgold Corp. (IMG-T, IAG-N) made it clear back in June that it was looking to monetize 10%-20% of its Niobec niobium mine in the near term, but the sale last week of a 15% stake in a Brazilian niobium producer to a Chinese consortium has set…


Perseus pours first gold from Central Ashanti

Perth-based Perseus Mining (PRU-A, PRU-T) has started producing gold from its Central Ashanti gold project in Ghana’s renowned Ashanti gold belt. After ramping up to full production, the company plans to produce 265,000 oz. gold per year there…



Tarsis Resources' White River gold project in the western Yukon. Kinross Gold holds a 9.9% stake in Tarsis. Photo by Tarsis Resources

Kinross leads majors for investments in junior gold plays

After betting US$7.1 billion last year on the expansion potential of Red Back Mining’s Tasiast gold mine in Mauritania, Kinross Gold’s (K-T, KGC-N) chief executive Tye Burt has said his company’s buying spree has come to an end for a…


Gold Fields' Tarkwa gold mine in southwestern Ghana. Photo by Gold Fields

Iamgold completes sale of Tarkwa and Damang stake

Flush with US$667 million in cash from the sale of its 18.9% stake in the Tarkwa and Damang projects in Ghana to Gold Fields (GFI-N), Iamgold (IMG-T, IAG-N) could be on the lookout for other acquisitions in West Africa, Canaccord Wealth…




Iamgold completes sale of Tarkwa and Damang stake

Flush with US$667 million in cash from the sale of its 18.9% stake in the Tarkwa and Damang projects in Ghana to Gold Fields (GFI-N), Iamgold (IMG-T, IAG-N) could be on the lookout for other acquisitions in West Africa, Canaccord Wealth…


Mahdia successfully bids for historic Omai gold mine

Mahdia Gold (MGD-C) has won the bid for Guyana’s famed Omai gold mine, which under operators Cambior Resources and Golden Star Resources (GSC-T, GSS-N) produced nearly 4 million gold oz. over 13 years starting from 1993.



The processing plant at Iamgold's Niobec niobium mine, 25 km northwest of Saguenay, Que. Photo by Iamgold

Iamgold sees big potential at Niobec (May 23, 2011)

By re-evaluating the mining method at its niobium-producing Niobec mine in Quebec, Iamgold (IMG-T, IAG-N) found that it could significantly increase the contained resource and production rates with a switch to bulk mining.


Loading a truck at Semafo's Mana gold mine in Burkina Faso. Photo by Semafo

Semafo says it’s business as usual in Burkina Faso

Montreal-based Semafo (SMF-T) says operations at its flagship Mana gold mine in Burkina Faso have not suffered any disruptions as a result of recent military unrest across the country. In April, soldiers in several small towns and the capital…


By continuing to browse you agree to our use of cookies. To learn more, click more information

Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.

Close