Iamgold to sell Niobec mine
President and CEO Steve Letwin of Iamgold (TSX: IMG; NYSE: IAG) told the Denver Gold Forum that he is confident the company can soon sell its Niobec mine in Quebec for $500 million after taxes.
IAMGOLD Corporation
Calibre Mining wins over Pierre Lassonde
When executive chairman Doug Forster and director Blayne Johnson of Calibre Mining (TSXV: CXB; US-OTC: CXBMF) sat down at the Denver Gold Forum in mid-September and presented an update on the company’s Nicaraguan gold projects to Pierre…
Calibre Mining a golden bet in Nicaragua
VANCOUVER — Junior Calibre Mining (TSXV: CXB; US-OTC: CXBMF) appears well positioned to benefit from a trio of promising regional gold assets in Nicaragua.
Merrex Gold and Iamgold report ‘game-changing’ discovery at Siribaya
What was until recently characterized as “a strong gold geochemical anomaly” at the Siribaya gold project in Mali is now “a significant new gold discovery with multiple zones of gold mineralization,” according to…
Iamgold becomes Calibre’s third partner in Nicaragua
Calibre Mining (TSXV: CXB; US-OTC: CXBMF) saw its shares surge 43% after reporting that Iamgold (TSX: IMG; NYSE: IAG) had signed an option to spend US$10.9 million to earn up to 70% of the junior’s Eastern Borosi gold–silver project…
GoldSource sees path to production in Guyana
VANCOUVER — Down markets can yield opportunity, and for junior GoldSource Mines (TSXV: GXS; US-OTC: GXSFF) that opportunity came in the form of a February merger with Guyana-focused explorer Eagle Mountain Gold (TSXV: Z).
Avnel’s new path for Kalana mine in Mali
VANCOUVER — When Avnel Gold Mining (TSX: AVK) bought the Kalana gold project in southwest Mali in 2002, its priority was getting the historic mine back into production, as required by the terms of the property deal. As a result Avnel has…
Iamgold comes up short on 2013 production targets
Lower production and higher costs have taken their toll on Iamgold’s (TSX: IMG; NYSE: IAG) share price, after the gold miner released disappointing fourth-quarter and year-end results.
Rio Alto gets an environmental nod to expand mine at La Arena
Rio Alto Mining (TSX: RIO; TSXV: RIO; NYSE: RIOM) is inching closer to producing copper from its La Arena project in northern Peru, with a recent environmental approval for an 18,000-tonne-per-day, open-pit sulphide operation.
Iamgold options into Solvista Gold’s Caramanta project
Shares of Solvista Gold (TSXV: SVV) rose 31% after Iamgold (TSX: IMG; NYSE: IAG) signed an option agreement for the junior’s Caramanta gold project in Colombia.
Iamgold cuts power rates in Suriname, builds solar-power project
In August Iamgold (TSX: IMG; NYSE: IAG) reached an agreement with the Republic of Suriname to cut its power rate at the Rosebel mine from 20¢ per kilowatt hour to 14¢ per kilowatt hour.
TomaGold, Iamgold take on Monster Lake
VANCOUVER — When precious-metal producers are on the lookout for high-grade assets to augment development pipelines, it’s often been junior companies that reap the rewards. And that’s the case for Quebec-focused explorer…