IAMGOLD Corp T.IMG

Alternate Symbol(s): IAG

Metals & Mining Gold

IAMGOLD Corporation is a Canada-based intermediate gold producer and developer. Its principal activities are the exploration, development, and operation of gold mining properties in North America and West Africa. Its projects include Essakane, Westwood and Cote Gold. The Essakane project is in north-eastern Burkina Faso, West Africa. It straddles the boundary of the Oudalan and Seno provinces in the Sahel region of Burkina Faso and is approximately 330 kilometers (km) northeast of the capital, Ouagadougou. The Westwood Project is located on the Doyon property, 2.5 km east of the former Doyon Gold Mine in Bousquet Township. The Cote Gold Project is in the Chester and Yeo Townships, District of Sudbury, in northeastern Ontario. It owns a 100% interest in the Nelligan Gold Project, located 60Km southwest of Chibougamau. It holds claims of Nelligan, as well as other earlier stage exploration properties in Northern Quebec. It also owns Rich Lake and Lac a l’Eau Jaune (gold) properties.

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IAMGOLD Corp

Bullboard Posts

Comment by pierre013on Apr 27, 2014 10:50am

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Post# 22495602

RE:RE:Psychology

Westwood is not a thing of incompetence from Mr. Letwin, it's a technical nightmare for the engineers because the rock is not solid enough to support the galleries so they need engineering technics to do so what is costly and will reduce the profitability of this mine. So at this gold level, I'm not sure if it will be profitable. My source is somebody who visited the undergound mine some 6 months ago for a contract with the company.

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