Who owns Iamgold?

Who owns Iamgold?

BMO Nesbitt Burns and CIBC World Markets organized competing offers, Golden Star Resources Ltd. to acquire Iamgold for $1.2-billion and Coeur d’Alene Mines Corp. to acquire Wheaton River for $2.56 billion, whose rejection by the Iamgold and Wheaton River board of directors was fought in court.

How many employees does Iamgold have?

4,832
Iamgold/Number of employees

Where is I am gold?

Welcome to IAMGOLD IAMGOLD is a mid-tier gold mining company operating in three regions globally: North America, South America and West Africa, with target production of 565,000 – 605,000 attributable ounces of gold in 2021 from Essakane (Burkina Faso), Rosebel (Suriname) and Westwood (Canada).

What is the Cote gold project?

The Côté Gold Project, a proposed open pit gold mine, is located in northeastern Ontario, approximately 20 kilometres (km) southwest of Gogama and approximately 200 km northwest of Sudbury and 130 km south of Timmins.

How many abandoned mines are in Ontario?

5,000 abandoned mines
OPINION: There are more than 5,000 abandoned mines across the province.

Where has gold been found in Ontario?

The producing gold mines of Ontario are in Timiskaming and Keewatin formations, near intrusions of granite, syenite, and porphyry. It is believed that the best field for prospecting is around the smaller bodies of granite, etc., which show more or less of the porphyry texture.

Where in Canada are most mines located?

In Quebec you would see the most diversified mining industry in Canada, which includes products such as iron ore, zinc, gold and diamonds. Ontario—the largest minerals and metals producer in Canada—counts gold, copper and nickel as its main products, while Manitoba is the top Canadian producer of zinc.

Is Canada rich in gold?

Gold is a precious metal most commonly used in jewellery (rings, necklaces, watches, etc.). Gold is mined in nine Canadian provinces and territories, and is the highest valued commodity produced in Canada by value of production….International context.

Ranking 5
Country Canada
Tonnes 175
Percentage of total 5.3%

How many abandoned mines does Canada have?

Orphaned and abandoned mines are those for which the owner cannot be found, or for which the owner is financially unable to carry out cleanup. There are an estimated 10,000 such mines in Canada and more than 5,700 in Ontario alone, with cleanup costs expected to be in the billions, paid predominantly by taxpayers.

Who are the owners of Iamgold gold company?

Iamgold Corporation is a Canadian gold producer headquartered in Toronto, Ontario, Canada. Incorporated in 1990 by Mark Nathanson and William Pugliese, the company is listed as IMG on the Toronto Stock Exchange since 1996 and as IAG on the New York Stock Exchange since 2005.

Where are the gold mines of Iamgold located?

Canadian gold miner IAMGOLD owns stakes in three gold mines. It also operates active mines in Burkina Faso, Canada, and Suriname. The company controls approximately 16.7 million ounces in proved and probable reserves. IAMGOLD also has ownership interests in various exploration projects in other parts of Africa as well as the Americas.

When did Iamgold start the Cote Gold Project?

The company involvement in the Côté Gold project began in 2012 when it acquired Trelawney Mining and Exploration which held the mineral rights.

Where does IAMGOLD go on the Stock Exchange?

IAMGOLD is listed on the Toronto Stock Exchange (trading symbol “IMG”), the New York Stock Exchange (trading symbol “IAG”).