Gold Prices Rebound as Economic Conditions Turn to Favor Safe Haven Assets
/PRNewswire/ -- Gold prices rebounded on Monday as gold futures booked back-to-back gains, crossing the key mark. The jump in gold prices is partially a reaction to the latest Labor Department report, according to which U.S. payrolls increased by 559,000 last month, below the median estimate of 675,000 by economists surveyed by Bloomberg. As a result, both the dollar and treasury yields initially dropped after the report was released. , Chief Marketing Analyst at Ava Trade, explained according to Bloomberg, that "today's number has confirmed the Fed's current thesis about their monetary policy, and it is very clear that now the pressure is off… The fact that the Fed is likely to keep their monetary policy unchanged is helping the gold prices today." Gold Mountain Mining Corp. (TSX-V: GMTN) (OTC: GMTNF), Equinox Gold Corp. (NYSE: EQX), IAMGOLD Corporation (NYSE: IAG), Great Panther Mining Limited (NYSE: GPL), Golden Star Resources Ltd. (NYSE: GSS)
IAMGOLD annonce le depot d'une declaration selon le systeme d'alerte dans le cadre de l'acquisition proposee d'INV Metals par Dundee Precious Metals
Toronto, Ontario--(Newsfile Corp. - 31 mai 2021) - (TSX: IMG) (NYSE: IAG) (« IAMGOLD » ou la « Société ») annonce qu'elle a conclu une convention de vote et de soutien (la « convention de soutien ») avec Dundee Precious Metals Inc. (« DPM ») aux termes de laquelle IAMGOLD accepte, sous réserve des modalités de la convention de soutien, d'exercer les droits de vote afférents à toutes ses actions ordinaires (les « actions ordinaires ») d'INV Metals Inc. (« INV ») en faveur de l'acquisition proposée d'INV, par DPM, au moyen d'un plan d'arrangement (la « transaction »). Aux termes de la convention d'arrangement datée du 30 mai 2021 (la « convention d'arrangement »), les porteurs d'actions ordinaires recevront 0,0910 action ordinaire de DPM en contrepartie de chaque action ordinaire. IAMGOLD détient en propriété réelle 53 331 158 actions ordinaires et exerce un contrôle sur celles-ci, ce qui représente environ 35,5 % de la totalité des actions ordinaires émises en circulation.
IAMGOLD Announces Filing of Early Warning Report in Connection with Dundee Precious Metals' Proposed Acquisition of INV Metals
Toronto, Ontario--(Newsfile Corp. - May 31, 2021) - (TSX: IMG) (NYSE: IAG) ("IAMGOLD" or the "Company") announces that it has entered into a voting and support agreement (the "Support Agreement") with Dundee Precious Metals Inc. ("DPM") pursuant to which IAMGOLD has agreed, subject to the terms and conditions thereof, to vote all of its common shares (the "Common Shares") of INV Metals Inc. ("INV") in favour of the proposed acquisition of INV by DPM by way of a plan of arrangement (the "Transaction"). Under the terms of the arrangement agreement dated May 30, 2021 (the "Arrangement Agreement"), holders of Common Shares will receive 0.0910 common shares of DPM in exchange for each Common Share. IAMGOLD beneficially owns and has control or direction over 53,331,158 Common Shares, representing approximately 35.5% of the total issued and outstanding Common Shares.
Gold Prices Maintain Traction as Economies Begin Recovery
, /PRNewswire/ -- Gold prices breached the mark earlier this month, for the first time since February. Despite the recovering economy and lower number of COVID-19 cases in the U.S., the government is still injecting liquidity into the financial system, as fiscal and monetary stimuli are being implemented. These measures, which are meant to help bring the economy back to pre-pandemic highs, have consequences, specifically the devaluation of the dollar and inflation. In a report by Kitco, , editor of TheGoldForecast.com, explained that he believes that "we will see a new all-time record high in gold. I'm not optimistic as to believe it will happen, let's say, over the next four months. However, I think it's highly likely, based on certain parameters, that we do test once again, and that could be over the next couple of months." Gold Mountain Mining Corp. (TSX-V: GMTN) (OTC: GMTNF), Golden Star Resources Ltd. (NYSE: GSS), Equinox Gold Corp. (NYSE: EQX), B2Gold Corp. (NYSE: BTG), IAMGOLD Corporation (NYSE: IAG)
IAMGOLD Provides Update on Operations
Toronto, Ontario--(Newsfile Corp. - May 13, 2021) - (TSX: IMG) (NYSE: IAG) ("IAMGOLD" or the "Company") is pleased to provide the following updates on its operations:
IAMGOLD Presente une mise a jour sur ses activites
Toronto, Ontario--(Newsfile Corp. - 13 mai 2021) - (TSX: IMG) (NYSE: IAG) (« IAMGOLD » ou la « Société ») est heureuse de présenter les mises à jour suivantes sur ses activités :
Vanstar Announces Drilling Program on Nelligan
Vanstar Mining Resources Inc. ("Vanstar", or the "Company") (TSX.V - VSR) is pleased to announce its joint venture partner IAMGOLD Corporation ("IAMGOLD" TSX-IMG) has secured a drill rig to complete a drill program on the Nelligan joint venture project (IAMGOLD 75%, Vanstar 25%) located 60 km southwest of Chibougamau, Quebec. The program is expected to begin in the month of June and the plan is to drill 9,000-10,000 m and will include both definition drilling in the main resource area as well as step-out drilling with a focus on the west extension of the known mineralization. This drilling will support the completion of a future updated resource estimate.
Les actionnaires d'IAMGOLD elisent le conseil d'administration
Toronto, Ontario--(Newsfile Corp. - 5 mai 2021) - (TSX: IMG) (NYSE: IAG) (« IAMGOLD » ou la « Société ») annonce les résultats du vote des actionnaires lors de l'assemblée annuelle et extraordinaire de la Société, qui a eu lieu le 4 mai 2021, et l'élection de tous les candidats aux postes d'administrateurs énumérés dans la circulaire d'information du 7 avril 2021.
IAMGOLD Shareholders Elect Board of Directors
Toronto, Ontario--(Newsfile Corp. - May 5, 2021) - (TSX: IMG) (NYSE: IAG) ("IAMGOLD" or the "Company") announces that shareholder voting at the Company's annual and special meeting of shareholders on May 4, 2021 has resulted in the election of all the directors listed as nominees in management's information circular dated April 7, 2021.
IAMGOLD Corp. to Host Earnings Call
NEW YORK, NY / ACCESSWIRE / May 4, 2021 / IAMGOLD Corp. (NYSE:IAG) will be discussing their earnings results in their 2021 First Quarter Earnings call to be held on May 4, 2021 at 8:30 AM Eastern Time.