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
$2.38 |
Change
-0.020(0.83%) |
Mkt cap ! $3.269B | |||
| Open | High | Low | Value | Volume |
| $2.39 | $2.39 | $2.36 | $6.595M | 2.780M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 110442 | $2.37 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.38 | 116254 | 7 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| PRU (ASX) Chart |