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Iamgold (IAG) Rises As Market Takes a Dip: Key Facts
ZACKS· 2025-01-11 00:36
Iamgold (IAG) closed at $5.67 in the latest trading session, marking a +0.35% move from the prior day. The stock's change was more than the S&P 500's daily loss of 1.54%. Elsewhere, the Dow lost 1.63%, while the tech-heavy Nasdaq lost 1.63%.The gold and niobium mining company's shares have seen an increase of 1.62% over the last month, surpassing the Basic Materials sector's loss of 10.98% and the S&P 500's loss of 2.2%.Investors will be eagerly watching for the performance of Iamgold in its upcoming earnin ...
IAMGOLD Files Technical Report for the Westwood Mine Complex
Newsfile· 2025-01-10 13:30
IAMGOLD Files Technical Report for the Westwood Mine ComplexJanuary 10, 2025 8:30 AM EST | Source: IAMGOLD CorporationAll monetary amounts are expressed in U.S. dollars, unless otherwise indicated.Toronto, Ontario--(Newsfile Corp. - January 10, 2025) - IAMGOLD Corporation (TSX: IMG) (NYSE: IAG) ("IAMGOLD" or the "Company") is pleased to announce that the Company has filed a technical report for the Westwood Mine Complex ("Westwood" or the "Project"), titled "Technical Report on the Westwood Co ...
IAMGOLD Stock Soars 102% YTD: Can the Momentum Continue in 2025?
ZACKS· 2024-12-27 21:01
IAMGOLD (IAG) delivered a stellar performance so far in 2024, with shares soaring 102%. The company’s shares have significantly surpassed the industry's 13.2% growth and the S&P 500’s climb of 27.6% in the same timeframe. Meanwhile, the broader Zacks Basic Materials sector has declined 11.2%. This intermediate gold producer has outpaced leading gold producers like Newmont Corporation (NEM) , Barrick Gold Corporation (GOLD) and Agnico Eagle Mines Limited (AEM) . IAG’s solid run this year can be attributed to ...
Is Iamgold (IAG) Outperforming Other Basic Materials Stocks This Year?
ZACKS· 2024-12-25 15:46
For those looking to find strong Basic Materials stocks, it is prudent to search for companies in the group that are outperforming their peers. Is Iamgold (IAG) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out.Iamgold is one of 234 companies in the Basic Materials group. The Basic Materials group currently sits at #14 within the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Z ...
IAMGOLD Closes the Sale of its 100% Stake in the Karita Gold Project
ZACKS· 2024-12-24 15:26
IAMGOLD Corporation (IAG) has completed the sale of its 100% stake in the Karita Gold Project and related exploration assets in Guinea. This transaction fulfills a part of an agreement inked with Managem two years ago, under which IAG had committed to sell interests in its exploration and development projects in Senegal, Guinea and Mali. Per the deal, IAMGOLD would receive cash payments totaling $282 million.Progress on the IAMGOLD & Managem Deal So FarIAMGOLD had announced the deal with Managem on Dec. 20, ...
IAMGOLD Announces Closing of Previously Announced Sale of Exploration and Development Assets in Guinea
Newsfile· 2024-12-23 22:00
IAMGOLD Announces Closing of Previously Announced Sale of Exploration and Development Assets in GuineaDecember 23, 2024 5:00 PM EST | Source: IAMGOLD CorporationAll monetary amounts are expressed in U.S. dollars, unless otherwise indicated.Toronto, Ontario--(Newsfile Corp. - December 23, 2024) - IAMGOLD Corporation (TSX: IMG) (NYSE: IAG) ("IAMGOLD" or the "Company") is pleased to announce that it has closed the sale of its 100% interest in the Karita Gold Project ("Karita") and associated expl ...
IAMGOLD Announces Amended and Upsized Credit Facility
Newsfile· 2024-12-23 12:00
IAMGOLD Announces Amended and Upsized Credit FacilityDecember 23, 2024 7:00 AM EST | Source: IAMGOLD CorporationAll monetary amounts are expressed in U.S. dollars, unless otherwise indicated.Toronto, Ontario--(Newsfile Corp. - December 23, 2024) - IAMGOLD Corporation (TSX: IMG) (NYSE: IAG) ("IAMGOLD" or the "Company") is pleased to announce that the Company and its syndicate of lenders have executed an amendment to its existing secured revolving credit facility (the "Facility"). Under the amen ...
IAMGOLD Provides Westwood Updated Mine Plan and Mineral Resource & Mineral Reserve Estimates
Newsfile· 2024-12-05 12:00
IAMGOLD Provides Westwood Updated Mine Plan and Mineral Resource & Mineral Reserve EstimatesDecember 05, 2024 7:00 AM EST | Source: IAMGOLD CorporationAll monetary amounts are expressed in U.S. dollars, unless otherwise indicated.Toronto, Ontario--(Newsfile Corp. - December 5, 2024) - IAMGOLD Corporation (NYSE: IAG) (TSX: IMG) ("IAMGOLD" or the "Company") is pleased to provide updated Mineral Resource and Mineral Reserve ("MRMR") estimates and an accompanying updated life of mine ("LOM") plan ...
IAMGOLD Announces Return to 70% Ownership in Côté Gold with Repurchase of 9.7% Interest
Newsfile· 2024-12-02 12:00
IAMGOLD Announces Return to 70% Ownership in Côté Gold with Repurchase of 9.7% InterestDecember 02, 2024 7:00 AM EST | Source: IAMGOLD CorporationAll monetary amounts are expressed in U.S. dollars, unless otherwise indicated.Toronto, Ontario--(Newsfile Corp. - December 2, 2024) - IAMGOLD Corporation (TSX: IMG) (NYSE: IAG) ("IAMGOLD" or the "Company") is pleased to announce that effective November 30, 2024, it has exercised the right to repurchase the 9.7% interest of the Côté Gold Mine ("Côté ...
British Airways Owner IAG Ups Sustainable Fuel Intake With Infinium
Forbes· 2024-11-26 20:20
A British Airways plane lands at Heathrow Airport in London, U.K. (Photo: Dan Kitwood/Getty Images)Getty ImagesInternational Airlines Group, the owner of British Airways, has inked yet another deal to upscale its near-term intake of sustainable aviation fuel.In a market update on Tuesday, the airline holding company announced a ten-year purchase agreement with Sacramento, California, U.S.-headquartered e-SAF producer Infinium commencing late 2026.Under the terms of the deal, Infinium will supply IAG with e- ...