IAMGOLD aspires to be a leading Canadian-focused gold producer with a modern multi-asset portfolio, empowered workforce, generating value for all stakeholders.

The company recently started production at Côté Gold – Canada’s next large-scale, long life gold mine which will be a model for modern mining in Canada.

Bullboard - Investor Discussion Forum 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... see more

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TSX:IMG - Post Discussion

IAMGOLD Corp > Price

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Post by greendayyyy on May 17, 2023 12:57pm

Price

The market did not like this new financing. Down 15% in two days. I hope it doesn't fall around $3 again.

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Comment by Westcoast777 on May 17, 2023 2:19pm

You would think this would be good news as they dont need to use the revolving line of credit which I am sure must have a higher rate. The way the news release is worded I have no idea what the effective rate is. 8.25 - 3. Who knows. Gold being down $60 from the high does not help either.

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Comment by 1234bmth on May 17, 2023 2:34pm

In my opinion this debt finance will put investors in dout that the Cote project may cost more than recently anticipated. That's why the market didn't like the announcement, time will clarify this.

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Comment by donat50 on May 29, 2023 2:54pm

Even though it looks good for 2014 right now we have 7-8 months for a possitive charge .I did what they say and that is get out in May and stay away .Will be back in the fall .GLTA

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