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, ...

Group 1 - IAMGOLD Corporation has successfully closed the sale of its 100% interest in the Karita Gold Project and associated exploration assets in Guinea [3][4] - The sale of the Guinea Assets is part of a larger transaction involving the sale of interests in exploration and development projects in Senegal, Guinea, and Mali for approximately $282 million (pre-tax) [1][3] - The company previously announced the closing of the sale of its interests in Senegal, including a 90% interest in the Boto Gold Project, on April 26, 2023 [1][3] Group 2 - IAMGOLD is an intermediate gold producer and developer based in Canada, with operating mines in North America and West Africa [4] - The company has commenced production at the Côté Gold Mine, which is expected to be one of the largest gold mines in Canada [4] - IAMGOLD employs approximately 3,600 people and is committed to high standards of Environmental, Social, and Governance practices [4]

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 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% 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 ...

Core Viewpoint - International Airlines Group (IAG), the owner of British Airways, has signed a ten-year agreement with Infinium to purchase sustainable aviation fuel (e-SAF), starting in late 2026, to enhance its sustainability efforts [1][2]. Group 1: Agreement Details - The agreement allows Infinium to supply e-SAF to IAG's five airlines: Aer Lingus, British Airways, Iberia, LEVEL, and Vueling [2]. - e-SAF is produced from water, waste CO2, and renewable energy, and is expected to reduce life-cycle greenhouse gas emissions by approximately 90% compared to conventional jet fuel [2][3]. - Infinium's Project Roadrunner facility in West Texas will produce the e-SAF, which is designed to be a "drop-in" replacement for conventional aviation fuel without requiring changes to existing aircraft engines [3][5]. Group 2: IAG's Sustainability Goals - In 2023, IAG utilized approximately 12% of the world's supply of sustainable aviation fuel (SAF) and aims for 10% of its flights to use SAF by 2030 [6][8]. - The recent agreement secures more than one-third of the SAF needed for IAG to meet its 2030 target [8]. - IAG previously signed a 14-year agreement with Twelve to supply 260 million gallons (nearly 1 billion liters or 785,000 tons) of e-SAF, marking it as the first European airline group to confirm such a deal [7]. Group 3: Industry Context and Challenges - The limited number of e-SAF projects in Europe has prompted IAG and its competitors to seek partnerships beyond the continent to achieve low carbon emissions targets [8]. - IAG's Group Sustainability Officer emphasized the need for policy support to attract funding for SAF plant construction and reduce reliance on fossil fuels [9]. - IAG has committed to achieving net zero emissions by 2050, acknowledging the significant challenges in decarbonization [10].

After reaching an important support level, Iamgold (IAG) could be a good stock pick from a technical perspective. IAG surpassed resistance at the 50-day moving average, suggesting a short-term bullish trend.One of the three major moving averages, the 50-day simple moving average is commonly used by traders and analysts to determine support or resistance levels for different types of securities. However, the 50-day is considered to be more important since it's the first marker of an up or down trend.Over the ...

MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL POSITION AND RESULTS OF OPERATIONS Third Quarter Ended September 30, 2024 INDEX | --- | --- | |----------------------------------------------------------------------------------------------------|-------| | | | | Introduction | 2 | | About IAMGOLD | 2 | | Highlights | 2 | | Operating and Financial Results | 4 | | Outlook | 7 | | Environmental, Social and Governance | 9 | | Operations | | | Operating and Financial Performance | | | Côté Gold | 12 | | Essakane ...

IAMGOLD Reports Third Quarter 2024 ResultsNovember 07, 2024 5:00 PM EST | Source: IAMGOLD CorporationAll monetary amounts are expressed in U.S. dollars, unless otherwise indicated.Toronto, Ontario--(Newsfile Corp. - November 7, 2024) - IAMGOLD Corporation (NYSE: IAG) (TSX: IMG) ("IAMGOLD" or the "Company") today reported its financial and operating results for the third quarter ended September 30, 2024. "We are proud of what IAMGOLD has achieved this year, with another strong quarter of safe, ...

Iamgold (IAG) closed the last trading session at $5.29, gaining 16.5% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $6.66 indicates a 25.9% upside potential.The mean estimate comprises 10 short-term price targets with a standard deviation of $1.24. While the lowest estimate of $4.63 indicates a 12.5% decline from the current price level, the most optimistic analyst expects the st ...