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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

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Post by frances1on Jul 02, 2020 3:53pm
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Post# 31217653

INV metals and IMG

INV metals and IMGWiith new leadership, be interesting if they try and take out INV metals.....Already own 36% and it is a top 10 lowest cost producer once the mine is built.....220,000 ounces per year. This would help to reduce costs. 

I would be buying the rest of the shares, building the mine, which they have the cash to do and then once this producing 220,000 at a gross profit of a $1000 per ounce...fund the next project. 

Watching EQX with Ross Beatty behind the wheel makes you realize how poorly IMG is run.




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