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 ...

Iamgold (IAG) closed the latest trading day at $5.69, indicating a -1.39% change from the previous session's end. This change lagged the S&P 500's daily loss of 0.33%. Meanwhile, the Dow experienced a drop of 0.22%, and the technology-dominated Nasdaq saw a decrease of 0.56%.Shares of the gold and niobium mining company have appreciated by 8.05% over the course of the past month, outperforming the Basic Materials sector's loss of 4.77% and the S&P 500's gain of 1.83%.Analysts and investors alike will be kee ...

IAMGOLD Announces Assay Results from 2024 Nelligan Drilling ProgramOctober 23, 2024 7:00 AM EDT | Source: IAMGOLD CorporationAll monetary amounts are expressed in U.S. dollars, unless otherwise indicated.Toronto, Ontario--(Newsfile Corp. - October 23, 2024) - IAMGOLD Corporation (NYSE: IAG) (TSX: IMG) ("IAMGOLD" or the "Company") is pleased to announce assay results from the 2024 drilling program completed at its Nelligan Project (100% owned by IAMGOLD) confirming the extension of the minerali ...

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Whil ...

Core Viewpoint - Iamgold (IAG) has reached a significant support level and shows potential for investors from a technical perspective, with a recent bullish trend indicated by breaking through the 20-day moving average [1][2] Technical Analysis - IAG has gained 8.9% over the past four weeks, indicating positive momentum [1] - The stock is currently above the 20-day simple moving average, which is a positive trend signal [1] - The company holds a Zacks Rank 1 (Strong Buy), suggesting further upward movement potential [1] Earnings Estimates - In the past two months, no earnings estimates for IAG have been lowered, while four estimates have been raised for the current fiscal year [2] - The consensus earnings estimate for IAG has also increased, reinforcing the bullish outlook [2] - Investors are encouraged to consider adding IAG to their watchlist due to the positive technical indicators and earnings estimate revisions [2]