Euro Ressources hires advisors, seeks alternatives to Iamgold offer

France-based Euro Ressources has begun soliciting financial advisors to help it evaluate a takeover offer from Canadian gold miner Iamgold, the firm said on Wednesday. Euro will consider “alternative transactions” to Iamgold's €1,20 a share...

Iamgold continues cost-cutting crusade with bid for Euro Ressources

Toronto-based Iamgold will offer to pay €1,20 a share in cash for France-based Euro Ressources, which has a royalty on its Rosebel mine, the gold miner announced on Friday. Based on current gold prices, the acquisition is expected to lower cash...

Iamgold doesn't expect output knock after 21-hr Suriname strike

Canadian gold-miner Iamgold does not anticipate that gold production or costs will be materially affected after a 21-hour work stoppage at the company's Rosebel gold mine, in Suriname, this week.

Iamgold approves $18,4m mill expansion

Toronto-based Iamgold plans to spend $18,4-million to expand the mill at its Rosebel gold mine, in Suriname, the company said on Wednesday.