IAMGOLD Corporation is a mining company primarily engaged in the exploration, development, and production of gold and other minerals in various locations, including West Africa and Canada. The company operates several mining projects and is involved in the extraction of precious metals, focusing on sustainable practices and minimizing environmental impact. IAMGOLD also emphasizes community engagement and the economic development of the regions in which it operates, contributing to local economies through job creation and infrastructure improvements.
All monetary amounts are expressed in U.S. dollars, unless otherwise indicated.Toronto, Ontario--(Newsfile Corp. - December 5, 2024) - IAMGOLD Corporation...
All monetary amounts are expressed in U.S. dollars, unless otherwise indicated.Toronto, Ontario--(Newsfile Corp. - December 2, 2024) - IAMGOLD Corporation...
All monetary amounts are expressed in U.S. dollars, unless otherwise indicated.Toronto, Ontario--(Newsfile Corp. - November 7, 2024) - IAMGOLD Corporation...
On Behalf of Opawica Explorations Inc. Gold prices are soaring, hitting a new record high above $2,700 per ounce as inflation concerns drive renewed interest in the precious metal. Hedge fund titan Paul Tudor Jones recently described inflation as the inevitable path forward, prompting investors to turn to assets like gold. As bullion gains nearly … Continue reading "Gold Price Rally Breathes New Life into Canadian Mining Companies"
On Behalf of Opawica Explorations Inc. Gold has surged to a record $2,700 per ounce, driven by rising US debt, central bank buying, and a weakening dollar, says Sprott Asset Management. Now, analysts see gold prices to reach $3,000 in 2025 due to the ongoing weakness of the US dollar, while some expect $2,800 in … Continue reading "Gold Surges to $2,700 as Election Promises Set to Supercharge Canadian Mining"
All monetary amounts are expressed in U.S. dollars, unless otherwise indicated.Toronto, Ontario--(Newsfile Corp. - October 23, 2024) - IAMGOLD Corporation...
All monetary amounts are expressed in U.S. dollars, unless otherwise indicated.Toronto, Ontario--(Newsfile Corp. - October 15, 2024) - IAMGOLD Corporation...
All monetary amounts are expressed in U.S. dollars, unless otherwise indicated.Toronto, Ontario--(Newsfile Corp. - October 7, 2024) - IAMGOLD Corporation...
All monetary amounts are expressed in U.S. dollars, unless otherwise indicated.Toronto, Ontario--(Newsfile Corp. - September 30, 2024) - IAMGOLD Corporation...
Goldman Sachs has recently reaffirmed its bullish outlook on gold, suggesting that the yellow metal is the best investment in the current market. The bank expects gold prices to continue rising in 2024 and into 2025, serving as a hedge against economic instability and ongoing inflationary pressures. With lower interest rates likely boosting demand, gold’s … Continue reading "Goldman Sachs Calls Gold The Best Investment Right Now"
PALM BEACH, Fla., Sept. 25, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - Gold prices are forecast to climb to record highs in the coming year. The price of gold has soared to new heights this year and is positioned to climb into early 2025, rising to new record highs, according to Goldman Sachs Research. The precious metal has increased more than 20% this year, peaking at a record of more than $2,500 per troy ounce. Goldman Sachs Research forecasts the price will reach $2,700 by early next year, buoyed by interest rate cuts by the Federal Reserve and gold purchases by emerging market central banks. The metal could get an additional boost if the US imposes new financial sanctions or if concerns mount about the US debt burden. They see that Gold prices are forecast to climb to record high. Goldman Sachs says that: “Gold is our strategists’ preferred near-term long (the commodity they most expect to go up in the short term), and it’s also their preferred hedge against geopolitical and financial risks. In this softer cyclical environment, gold stands out as the commodity where we have the highest confidence in near-term upside,” Goldman Sachs Research strategists Samantha Dart and Lina Thomas write. Active Mining Companies in the markets today include Asia Broadband Inc. (OTCPK: AABB), Equinox Gold Corp. (NYSE American: EQX), Kinross Gold Corporation (NYSE: KGC), Barrick Gold Corporation (NYSE: GOLD), IAMGOLD Corporation (NYSE: IAG).
Allied Gold has reached a preliminary agreement with Mali for a 10-year permit on the Sadiola gold mine and permission to exploit the nearby Diba deposit. The country's recent overhaul of mining laws aims for higher state revenues. Allied's plans to expand the mine could make it a top-tier, low-cost producer, but ongoing conflicts and geopolitical risks make it a riskier investment.
