IAMGOLD Corporation

IAMGOLD Corporation is a Canadian mining company that specializes in the exploration, development, and production of gold and other mineral resources. The company was founded in 1990 and is headquartered in Toronto, Ontario. IAMGOLD has operations in North America, South America, and West Africa, with a focus on low-cost, open-pit mining. The company's portfolio includes several mines, including the Essakane Mine in Burkina Faso, the Rosebel Mine in Suriname, and the Westwood Mine in Quebec, Canada. IAMGOLD is committed to sustainable mining practices and has implemented various environmental and social initiatives to minimize its impact on local communities and the environment.

Stock Quotes

IAMGOLD Corporation is a mid-tier mining company that operates in several countries, including Canada, Suriname, Burkina Faso, and Mali. The company's competitive edge lies in its diversified portfolio of assets, which includes both producing and development-stage mines. This allows IAMGOLD to balance its risk and reward profile and generate stable cash flows from its producing assets while investing in growth opportunities.

IAMGOLD also has a strong focus on sustainability and responsible mining practices, which sets it apart from its peers. The company has implemented several initiatives to reduce its environmental footprint, including using renewable energy sources and reducing water consumption. IAMGOLD also has a strong commitment to social responsibility, working closely with local communities to create sustainable economic opportunities and improve living conditions.

In terms of exploration and development, IAMGOLD has a proven track record of discovering and developing high-quality gold deposits. The company's technical expertise and exploration capabilities have allowed it to identify and acquire promising exploration properties, which it has successfully developed into producing mines.

Overall, IAMGOLD's diversified portfolio, focus on sustainability and responsible mining practices, and strong exploration and development capabilities give it a competitive edge in the mining industry.


1. Lower production levels: IAMGOLD Corporation has lower production levels compared to its peers, which can limit its revenue potential and market share.

2. Higher production costs: The company's production costs are higher than some of its peers, which can impact its profitability and ability to compete in the market.

3. Limited geographic diversification: IAMGOLD Corporation has a limited geographic diversification compared to some of its peers, which can make it more vulnerable to regional economic and political risks.

4. Dependence on a single mine: The company's reliance on a single mine for a significant portion of its production can increase its operational risks and impact its financial performance.

5. Limited exploration and development activities: IAMGOLD Corporation has limited exploration and development activities compared to some of its peers, which can limit its ability to discover new reserves and expand its production capacity.

6. Higher debt levels: The company has higher debt levels compared to some of its peers, which can increase its financial risk and limit its ability to invest in growth opportunities.

7. Lower dividend yield: IAMGOLD Corporation has a lower dividend yield compared to some of its peers, which can make it less attractive to income-seeking investors.

Peer Comparisons

Price -- 2.435

Open - 2.51

Low - 2.48

Close - 2.48

High - 2.56

Ticker 1 - IAG

Ticker 2 - IMG

Ticker 3 -

Exchange 1 - NYSE

Exchange 2 - TSX

Exchange 3 -

Primary Info
Date Established
3200-401 Bay St PO Box 153, Toronto, ON M5H 2Y4, Canada
Website Data
Meta Title
IAMGOLD Corporation - Home
Meta Description
IAMGOLD is a leading mid-tier gold mining company producing approximately 1.4 million ounces annually from five operating mines (including current joint ventures) on three continents.
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Second Title
gold, mining, exploration, development, production, iamgold, iamgold corporation, gold mining, gold exploration, gold development, gold production

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