Iamgold to buy Trelawney Mining for C$608m

Canadian miner Iamgold Corp said Friday it will buy gold exploration company Trelawney Mining for about C$608-million ($620-million) in cash, in a move aimed at expanding its asset base within a politically safe jurisdiction. Toronto-based...

Iamgold ups dividend again

Midtier miner Iamgold on Friday said it lifted its annual dividend by 25% to $0.25 a share from the level announced in June – its third increase in 12 months. Gold producers have been increasingly generous in doling out profits to shareholders...

Iamgold takes minority positions in two Colombia-focused juniors

TSX-listed Iamgold has taken a liking to Columbia, spending $13-million on minority stakes in two juniors with exploration properties in the South American country, Bellhaven Copper & Gold and Colombia Crest Gold. The news sent the shares of both...

Iamgold lifts Q3 production from continuing ops

Toronto’s Iamgold increased third-quarter production by 14% year-on-year to 222 000 oz, mainly thanks to improvements at its Rosebel mine in Suriname and the Essakane mine in Burkina Faso, the company said late on Tuesday. Niobium production...

Primero names new operations officer

Renaud Adams, Iamgold Americas operation VP joins Primero Mining as COO this week, the Mexican silver producer announced on Tuesday. Before taking up the VP role at TSX-listed Iamgold last year, Adams had been in charge of the company’s Rosebel...

Iamgold sells Botswana gold mine for $34m to junior

Toronto’s Iamgold has sold its Mupane Gold Mine in Botswana to TSX V-quoted junior Galane Gold for $34-million in cash and shares, the company announced on Wednesday. The mine was nearing the end of its life under Iamgold’s plan, and the...

Iamgold’s Suriname mine back in production after labour dispute

Toronto-based Iamgold on Wednesday said operations at its Rosebel mine in Surianame had restarted after a labour disagreement led to a one-and-a-half day stoppage. The company said Rosebel is still on target to meet its 360 000 oz to 380 000 oz...

Iamgold increases dividend, warns on Q2 output and costs

Canada's Iamgold has announced a 150% increase in its annual dividend payment, to $0.20 a share, but cautioned that second quarter gold production and cash costs would miss expectations. The company's next semi-annual dividend payment, of C$0.10...

Iamgold buys more Avnel shares

Iamgold has increased its holding in junior Avnel Gold to around 8.48%, the company said on Wednesday. Iamgold bought five-million shares from a single shareholder on a prospectus exempt basis.

Iamgold boosts stake in junior Merrex

Canada's Iamgold has increased its holding in Merrex Gold to 13.98%, the company said on Thursday. The Toronto-based miner bought 3.5-million shares and 1.75-million warrants in a non-brokered private placement.

Talon names Scholtz new CEO

Brazil-focused iron-ore junior Talon Metals on Monday named Eddie Scholtz as CEO, replacing Stuart Comline, who had held the position on an interim basis since 2007. Scholtz was previously COO of TSX- and JSE-listed CIC Energy Corp, which last...

Iamgold restarts Essakane mine

Toronto-based Iamgold has resumed operations at its Essakane gold mine in Burkina Faso and will restart negotiations with employees, the company said on Friday. The firm plans to resolve all issues within the next 60 days.