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Stock Market & Financial Investment News

News Breaks
February 20, 2013
18:33 EDTIAGIAMGOLD reports Q4 gold production 214,000 ounces
Attributable gold production was 214,000 ounces in the fourth quarter 2012 compared to 253,000 ounces in the same period 2011. The decline was mainly due to lower grades at Essakane and the stockpiling of ore at Mouska for processing in 2013.
News For IAG From The Last 14 Days
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February 11, 2016
21:54 EDTIAGIAMGOLD upgraded to Neutral from Sell at Goldman
Goldman analyst Andrew Quail upgraded IAMGOLD to Neutral citing balanced risk/reward that is now more balanced versus its free cash flow generation profile.
14:39 EDTIAGIAMGOLD volatility increases as gold at one-year high
IAMGOLD February call option implied volatility is at 96, March is at 85; compared to its 52-week range of 47 to 98, suggesting large near term price movement as gold trends to one-year high.
11:03 EDTIAGOptions with increasing call volume
Options with increasing call volume and volatility; GOLD EA IAG TMV MFLX AUY O NLNK LOCK
February 9, 2016
17:09 EDTIAGIAMGOLD issues mineral resource estimate for Diakha deposit
IAMGOLD announced the first mineral resource estimate for the Diakha deposit located on the Siribaya JV project in western Mali, West Africa. The Siribaya exploration project is operated by IAMGOLD under a joint venture with Merrex Gold. The resource estimate, which includes resources estimated for previously known zones at Zone 1B and Taya Ko along the Siribaya trend as well as the new Diakha deposit, is comprised of Indicated Resources totalling 2.1M tonnes averaging 1.9 grams of gold per tonne for 129,000 ounces and Inferred Resources comprised of 19.8M tonnes averaging 1.71 grams of gold per tonne for 1.1M ounces. "A significant portion of the estimate is derived from the newly discovered Diakha deposit which is open in all directions and has significant potential for expansion," the company remarked. In support of the resource estimate, preliminary metallurgical testwork was completed on three composite samples prepared from Diakha diamond drill core. The results suggest that the gold mineralization is not refractory and that a gold recovery of approximately 92% can be expected from a conventional leach/carbon in pulp circuit.

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