IAMGold Maintained at Outperform at BMO as It Secures an …

May 17, 2023 · IAMGOLD Corporation is a Canada-based intermediate gold producer and developer. Its principal activities are the exploration, development, and operation of gold …

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BMO Capital Sets $5 Target On IAMGOLD, Resumes Outperform …

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Jun 5, 2024 · The analyst from BMO Capital Markets anticipates that IAMGOLD will repurchase the 9.7% stake in the Côté Gold project in the fourth quarter of 2024, a move that has been …

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Positive Progression Of IAMGOLD’s Côté Mine Project Reinforces …

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Oct 26, 2023 · BMO Capital analyst Jackie Przybylowski maintained a Buy rating on IAMGOLD (IAG – Research Report) yesterday and set a price target of C$3...

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Iamgold Arranges $300 Million Financing To Restore Stake In Côté …

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May 22, 2024 · Iamgold (TSX:IMG; NYSE: IAG) and a syndicate of underwriters co-led by National Bank, BMO and RBC have entered into an agreement involving the sale of 72 million …

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IAMGOLD Re-establishes 70% Ownership Of Côté Gold Mine

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Dec 2, 2024 · IAMGOLD Corporation has announced the completion of its repurchase of Sumitomo Metal Mining Co., Ltd.’s 9.7% interest in the Côté Gold Mine, restoring IAMGOLD’s …

mininglifeonline.net

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IAMGOLD Regains 70% Stake In Côté Gold Mine - Miningreview.com

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Dec 3, 2024 · IAMGOLD has returned to owning a full 70% interest in the Côté Gold Mine after repurchasing a 9.7% stake from its joint venture partner, Sumitomo Metal Mining Co., Ltd., for …

miningreview.com

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Iamgold Reclaims 70% Ownership In Côté Mine With Repurchase Of …

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Dec 2, 2024 · TomasSereda/iStock via Getty Images. Iamgold (NYSE:IAG) said Monday it exercised its right to repurchase a 9.7% interest in the Côté gold mine in Ontario from …

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Iamgold’s Côté Gold: A Model For Modern Mining And Sustainability

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Sep 9, 2024 · Iamgold’s Côté Gold open pit mine had its official ribbon-cutting ceremony at the end of May 2024. The company has declared commercial production at its 60%-owned Côté …

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Iamgold Closer To Buying Back 9.7% Stake In Côté Gold Mine

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Oct 2, 2024 · Iamgold’s share in the mine is anticipated to be on the lower end of 130,000-175,000 ounces. The company reiterated the mine was on track to reach 90% throughput by …

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IAMGold Maintained At Outperform At BMO As Cote Mine Project …

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-- BMO Capital Markets on Thursday maintained its outperform rating on the shares of IAMGold and its US$3.25 price target following a site visit to the company's Cote gold mine project in …

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Côté Is Likely The Start Of A New Mining District – Iamgold

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Oct 16, 2024 · In the third quarter of 2024, Iamgold reported Côté gold production of 68 000 oz on a 100% basis, of which 41 000 oz were attributable to the company.

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Iamgold Reclaims 70% Stake In Côté Gold Mine

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Dec 2, 2024 · Iamgold (NYSE: IAG; TSX: IMG) announced on Monday that it had exercised its right to repurchase a 9.7% interest in the Côté gold mine in Ontario from Sumitomo Metal …

canadianminingjournal.com

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Iamgold Unveils 90% Cost Increase At Côté Project - MINING.COM

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May 4, 2022 · The main goal of the exercise has been to ensure the delivery of Côté – a 70:30 joint venture with Sumitomo Metal Mining. Iamgold, which broke ground on the project in …

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FAQs about IAMGold Maintained at Outperform at BMO as It Secures an … Coupon?

Will Cote Gold Mine ramp up production?

Cote gold mine is expected to ramp up production. Credit: Iamgold Iamgold (TSX:IMG; NYSE: IAG) and a syndicate of underwriters co-led by National Bank, BMO and RBC have entered into an agreement involving the sale of 72 million common shares of Iamgold at a price of C$5.70 for gross proceeds of C$410 million ($300 million). ...

Will Iamgold repurchase Côté Gold Mine?

Iamgold (NYSE: IAG) said Monday it exercised its right to repurchase a 9.7% interest in the Côté gold mine in Ontario from Sumitomo Metal Mining (OTCPK:SMMYY), as expected, effectively returning to its full 70% stake in the project in Ontario. ...

Does Iamgold own Côté Gold?

The Côté gold project in northeastern Ontario, Canada. ( Image courtesy of IAMGOLD. ) Iamgold (TSX: IAG ; NYSE: IAG) on Wednesday announced another increased estimate of capital expenditures for its70%-owned Côté gold joint venture in northern Ontario that it holds with Sumitomo Metal Mining (30%). ...

Will Iamgold move to Côte gold?

The move will increase Iamgold’s stake to 70% in the mine, which will be Canada’s third-largest gold operation once at full tilt. In the first six years of production, Côté Gold’s expected annual gold output is set at 495,000 ounces. Over the life of the mine, it will average 365,000 ounces per year. ...

How much will Iamgold cost to build a Côté Gold Project?

( Image courtesy of Iamgold | YouTube.) Canada’s Iamgold (NYSE: IAG) (TSX: IMG) has revealed a cost blowout at its massive Côté gold project in Ontario, with preliminary estimates from an ongoing risk analysis indicating that development of the asset would require between $1.2 billion and $1.3 billion to complete. ...

Did Iamgold repurchase Côté Gold Mine from Sumitomo Metal Mining?

(Image courtesy of IAMGOLD.) Iamgold (NYSE: IAG; TSX: IMG) announced on Monday that it had exercised its right to repurchase a 9.7% interest in the Côté gold mine in Ontario from Sumitomo Metal Mining. With the move, the miner returned to its 70% stake in the project in Ontario. The transaction was finalized on Nov. 30. ...