| Canada's Iamgold says workers go on strike at its Suriname mine | |
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(Adds details on Rosebel costs, production outlook) Dec 2 (Reuters) - Workers at Iamgold Corp's Rosebel gold mine in Suriname have gone on strike over the company laying off about 10 percent of the mine's employees, Iamgold said on Wednesday. The mid-sized Canadian-based miner said Rosebel had followed the process required by law for the lay-offs, offering a fair severance package, which more than 50 percent of affected employees have accepted. Iamgold announced the lay offs in October as part of efforts to reduce costs at Rosebel. In the first nine months of 2015 Rosebel produced 217,000 ounces of gold on an attributable basis at an all-in sustaining cost of $1,082 per ounce. The gold price was last at $1,053. Iamgold said it still expects Rosebel to produce between 290,000 and 300,000 ounces of gold this year but this could be re-assessed depending on the length of the strike. (Reporting by Nicole Mordant in Vancouver; Editing by Chris Reese and Andrew Hay)
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VanEck Vectors Global Alternative Energy ETF
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PRODUCER |
CODE : IMG.TO |
ISIN : CA4509131088 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
IAMGOLD is a gold producing company based in Canada. IAMGOLD produces gold, diamonds, lead, niobium, rare earth, silver and zinc in Botswana, in Canada, in Ecuador, in Ghana, in Guyana, in Indonesia, in Mali, in Peru, in South Africa, in Suriname and in Tanzania, develops gold in Burkina Faso, in Ecuador and in French Guyana, and holds various exploration projects in Canada, in Ecuador, in Honduras, in Peru and in South Africa. Its main assets in production are OMAI MINE in Guyana, MOUSKA MINE, PORCUPINE, SLEEPING GIANT, DOYON, NIOBEC and GRAND DUC in Canada, YATELA and SADIOLA in Mali, MUPANE in Botswana, DAMANG PROJECT, TARKWA and TEBEREBIE in Ghana, ROSEBEL in Suriname, ZARUMA in Ecuador, ARDO MINE in South Africa, BUCKREEF in Tanzania, RAWAS GOLD PROJECT in Indonesia and TAMBORAQUE in Peru, its main assets in development are ESSAKANE in Burkina Faso, CAMP CAIMAN in French Guyana and QUIMSACOCHA PROJECT in Ecuador and its main exploration properties are BAMBADJI in Senegal, TEX-SOL, LESPERANCE, CREVIER and WESTWOOD in Canada, ALAMOUTALA (SADIOLA II) and SIRIBAYA in Mali, GILT EDGE MINE & ANCHOR HILL in Ecuador, PODEROSA MINE in Peru and VUELTAS DEL RIO / EL ZAPOTAL in Honduras. IAMGOLD is listed in Australia, in Canada, in Germany and in United States of America. Its market capitalisation is 341.6 millions as of today (US$ 251.9 millions, € 226.6 millions). Its stock quote reached its highest recent level on April 28, 2006 at 9.98, and its lowest recent point on September 30, 2022 at 1.27. IAMGOLD has 47 442 200 shares outstanding. |