Monday, March 6, 2017

IAMGOLD Corporation - IMG.t

IAMGOLD Corporation - IMG.t is a mid-tier gold producer with four operating gold mines on three continents. A solid base of strategic assets in North and South America and West Africa is complemented by development and exploration projects.

The company produced 806,000 oz. Au in 2015 at AISC of $1,057

On March 3, 2017 the company reported News


Iamgold Corp. has commenced an offering of $500-million (U.S.) aggregate principal amount of senior notes due 2025. Iamgold intends to use the net proceeds from the offering of the notes, together with cash on hand, to finance the redemption of its outstanding 6.75 per cent senior notes due 2020. Pursuant to the terms of the indenture governing the existing notes, Iamgold will issue a conditional notice of redemption to redeem all of the outstanding existing notes, which redemption will be conditional upon the successful completion of the offering of the notes.