Interesting that Canadian gold company Iamgold sold its minority [18%] interests in two Ghanian gold mines. The price was around $US650 million. This means IAM has surrendered around 180,000 ounces of attributable production + resources.
For a gold company four things are important - resources + production + costs + operational control.
Iamgold will be looking to replace the missing bits they have sold.
iamgold cashes up
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Last
$2.57 |
Change
0.070(2.80%) |
Mkt cap ! $3.563B | |||
| Open | High | Low | Value | Volume |
| $2.59 | $2.61 | $2.56 | $3.742M | 1.448M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 43 | 101152 | $2.56 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.57 | 52239 | 22 |
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| Last trade - 11.27am 29/07/2024 (20 minute delay) ? |
| PRU (ASX) Chart |