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May 17, 2021 at 09:56 AM EDT There have been many gold stocks to watch in the last week. The reason behind this is the increasing price of gold itself. It seemed like gold could not push past the $1,800 per ounce price point for a few months. In May, the metal finally broke past the $1,800 per ounce mark and remained there for now. In 2020, gold reached a new record high of more than $2,000 per ounce. This brought a lot of new attention to gold that was previously not there. The reason for this uptick was the pandemic’s destruction of the economy. The COVID-19 pandemic crashed the price of the dollar and made investors move their money into gold stocks instead. So what things have an impact on gold prices? For one, world news is essential to look at when investing in gold stocks. For example, look at how the pandemic has impacted the sector. Next up would be sector news, anything from gold price movement to shortages and surpluses. Company news is also important, as advan ....
IAMGOLD Corporation: IAMGOLD Provides Update on Operations Toronto, Ontario (Newsfile Corp. - May 13, 2021) - IAMGOLD Corporation (TSX: IMG) (NYSE: IAG) ( IAMGOLD or the Company ) is pleased to provide the following updates on its operations: Rosebel Gold Mine At the Rosebel Gold Mine ( Rosebel ) in Suriname, Rosebel and the Rosebell Goldmines Werknemers Organisatie (the Union ) have finalized a new Collective Labour Agreement. The agreement applies to the two-year period from August 16, 2020 to August 15, 2022, inclusive. Westwood Mine At the Westwood Mine in Canada, the Company plans to proceed with a targeted, safe restart of underground operations following the recall of employees announced on April 22, 2021. ....
IAMGOLD Corporation: IAMGOLD Reports Fourth Quarter and Year-End 2020 Results; Generated $348 Million in Operating Cash Flow All monetary amounts are expressed in U.S. dollars, unless otherwise indicated. For more information, refer to the Management Discussion and Analysis (MD&A) and Audited Consolidated Financial Statements for the year ended December 31, 2020. Toronto, Ontario (Newsfile Corp. - February 17, 2021) - IAMGOLD Corporation (TSX: IMG) (NYSE: IAG) ( IAMGOLD or the Company ) reports its consolidated financial and operating results for the quarter and year ended December 31, 2020. IAMGOLD s efforts in advancing our peer-leading growth platform took a significant step forward in 2020 with the commencement of construction of the Côté Gold Project in Canada, supported by both robust gold prices and nearly $1.5 billion in liquidity at year-end. As reported on January 19, 2021, IAMGOLD achieved its updated production and cost guidance, generating $3 ....