Wednesday, August 15, 2018

IAMGOLD Corporation - IMG.t

IAMGOLD Corporation - IMG.t is a mid-tier gold producer with four operating gold mines on three continents. A solid base of strategic assets in North and South America and West Africa is complemented by development and exploration projects.

On August 8, 2018 the company reported Numbers

IAMGOLD Corporation ("IAMGOLD" or the "Company") reported its consolidated financial and operating results for the quarter ended June 30, 2018. 
Second Quarter 2018 Highlights Operating Performance
  • Attributable gold production of 214,000 oz, down 9,000 oz from Q2/17.
  • Attributable gold sales of 215,000 oz, down 4,000 oz from Q2/17.
  • Cost of sales1 of $826/oz sold, up $59/oz from Q2/17.
  • All-in sustaining costs2 of $1,077/oz sold, up $102/oz from Q2/17.
  • Total cash costs2 of $812/oz produced, up $77/oz from Q2/17.
  • Gold margin2 of $487/oz, down $29/oz from Q2/17.
  • Production and cost guidance maintained for 2018.
  • Capital expenditure guidance reduced by $40 million to $325 million (±5%) for 2018; updated guidance primarily relates to the refinement of estimates for the expansion projects and deferred timing of certain expenditures to early 2019, with no impact expected on overall project timelines.