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IAMGOLD Corp T.IMG

Alternate Symbol(s):  IAG

IAMGOLD Corporation is a Canada-based intermediate gold producer and developer. The Company’s principal activities are the exploration, development and operation of gold mining properties in North America and West Africa. Its projects include Côté Gold, Essakane, and Westwood. The Côté Gold Mine is a large-scale, generational open pit operation located between Sudbury and Timmins in central Ontario. The Essakane project is West Africa’s 6th largest gold mine located in Burkina Faso (West Africa) approximately 330 kilometers northeast of the capital, Ouagadougou. The Westwood Complex includes the high-grade underground mine and satellite open pits located near Rouyn-Noranda in Quebec. The Company also owns a 100% interest in the Nelligan Gold Project, located 60Km southwest of Chibougamau, Quebec, Canada.


TSX:IMG - Post by User

Bullboard Posts
Comment by Flyhi2004on Dec 04, 2015 9:54am
69 Views
Post# 24354045

RE:strike

RE:strike
I think it will affect profitability as the fixed costs of the mine will remain in place although drop somewhat. All the gold mines seem screwed now as the price of gold is way to low vs cost of production. The states will price themselves out of business. Inflation will come roaring back. There will be a huge price to pay for what they have down injecting trillions of funny money into the system. It has begun....  there will be panic in the streets when the rates increase rapidly...too many people have debt...they are in big trouble...
Bullboard Posts