Group 1 - IAMGOLD Corporation has announced that the Côté Gold Mine has reached commercial production, defined as achieving a minimum of 30 consecutive days of operations with the mill operating at an average of 60% of nameplate throughput of 36,000 tons per day (tpd) [1] - The Côté Gold Mine is a joint venture between IAMGOLD and Sumitomo Metal Mining Co., Ltd., located in Ontario, Canada [1][4] - The company aims to improve plant availability to reach 90% of nameplate throughput by the end of the year, following a successful initial gold pour on March 31, 2024 [2][4] Group 2 - IAMGOLD plans to repurchase a 9.7% interest in Côté Gold in November, which will increase its ownership to 70% and enhance exposure to this key asset [2] - The company is addressing equipment availability issues, particularly in the crushing and screening circuits, with a planned multi-day shutdown in September [2] - IAMGOLD will report its second quarter 2024 operating and financial results on August 8, 2024, followed by a conference call on August 9, 2024 [3]

This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Air Europa will not join the IAG Group after owner of British Airways and Ibera abandoned the acquistion in the face of competition concerns by regulators. Airline giant IAG, owner of Spanish airline Iberia and British Airways, said Thursday it had dropped its bid to buy Spain's Air Europa due to the "current regulatory environme ...

Iamgold (IAG) closed at $3.95 in the latest trading session, marking a +0.77% move from the prior day. This move outpaced the S&P 500's daily gain of 0.08%. Meanwhile, the Dow lost 0.12%, and the Nasdaq, a techheavy index, added 0.07%. The investment community will be closely monitoring the performance of Iamgold in its forthcoming earnings report. The company is scheduled to release its earnings on August 8, 2024. The company is predicted to post an EPS of $0.09, indicating a 1000% growth compared to the e ...

Full Truck Alliance (YMM) : This company which provides digital freight platform in China, has seen the Zacks Consensus Estimate for its current year earnings increasing 4.4% over the last 60 days. Micron Technology (MU) : This company which has established itself as one of the leading worldwide providers of semiconductor memory solutions, has seen the Zacks Consensus Estimate for its current year earningsincreasing 31.8% over the last 60 days. You can see the complete list of today's Zacks #1 Rank (Strong ...

It's also important to note that Style Scores work as a complement to the Zacks Rank, our stock rating system that has an impressive track record of outperformance. Iamgold currently has a Zacks Rank of #2 (Buy). Our research shows that stocks rated Zacks Rank #1 (Strong Buy) and #2 (Buy) and Style Scores of A or B outperform the market over the following one-month period. Even though momentum is a popular stock characteristic, it can be tough to define. Debate surrounding which are the best and worst metri ...

Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Iamgold (IAG) , which belongs to the Zacks Mining - Gold industry. For the most recent quarter, Iamgold was expected to post earnings of $0.02 per share, but it reported $0.11 per share instead, representing a surprise of 450%. For the previous quarter, the consensus estimate was $0.02 per share, while it actually produced $0.06 per share, a surprise of 200%. ...

. Toronto, Ontario--(Newsfile Corp. - July 15, 2024) - IAMGOLD Corporation (NYSE: IAG) (TSX: IMG) ("IAMGOLD" or the "Company") is pleased to announce it plans to release its second quarter 2024 operating and financial results after market hours on Thursday, August 8, 2024. Senior management will host a conference call to discuss the operating performance and financial results on Friday, August 9, 2024, at 8:30 a.m. (Eastern Time). An online archive of the webcast will be available by accessing the Company's ...

Bet on penny stocks under $5 with interest rate cuts looming. However, it's important to note that penny stocks are notoriously volatile, especially those trading for under $5. These stocks usually belong to businesses in their nascence or grapple with significant hurdles. Hence, most investment experts advise caution when dealing with the speculative nature of these investments. With the backing of its parent company, ENIC has the impetus to continue pursuing aggressive growth strategies. Moreover, the fir ...

William kickstarted his career as a researcher and reporter for a global legal publication, covering everything from public law to M&A. Before moving to Proactive Investors, he worked as a reporter for a major fintech company with a focus on cryptocurrency and blockchain technology. Harking from Queensland, Australia, William obtained first-class honours in journalism and media from Birkbeck University before going on to complete an MA in creative and critical writing. Other jobs have... Read more About thi ...

ROUYN-NORANDA, Quebec, July 08, 2024 (GLOBE NEWSWIRE) -- GLOBEX MINING ENTERPRISES INC. (GMX – Toronto Stock Exchange, G1MN – Frankfurt, Stuttgart, Berlin, Munich, Tradegate, Lang & Schwarz, LS Exchange, TTMzero, Düsseldorf and Quotrix Düsseldorf Stock Exchanges and GLBXF – OTCQX International in the US) wishes to inform shareholders that, through a transaction with IAMGOLD Corporation ("IAMGOLD", IMG-TSX, IAG-NYSE), Globex has acquired two gold projects located in the Abitibi West area of Quebec. Globex ha ...