IAMGOLD Corp (IAG.N)
28 Nov 2014
|Market Cap (Mil.):||$851.60|
|Shares Outstanding (Mil.):||376.92|
Nov 10 - Iamgold Corp said on Monday it is shrinking its executive team by 40 percent and taking other cost-cutting steps as the mid-sized gold miner and its peers reel from a 40 percent slump in the price of bullion over the past three years.
Nov 10 - Iamgold Corp, a gold miner hit by weaker bullion prices, said on Monday it is shrinking its executive team by 40 percent and taking other cost-cutting steps to improve its performance.
(Adds comments by CEOs of Magris and Iamgold; updates share price)
Oct 3 - Iamgold Corp said it would sell its Niobec rare earths mine in Quebec to a group of companies led by Magris Resources Inc for $500 million in cash, to focus on its core gold mining business.