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IAMGOLD Intends to Trim Costs by $100 Million a Year
Mar. 10, 2013 11:59AM PST
Precious Metals InvestingMining Weekly reported that IAMGOLD Corp. (TSX:IMG,NYSE:IAG) has begun a program aimed at cutting its costs by $100 million per year, with one of its goals being to reinforce its strong financial position.
Mining Weekly reported that IAMGOLD Corp. (TSX:IMG,NYSE:IAG) has begun a program aimed at cutting its costs by $100 million per year, with one of its goals being to reinforce its strong financial position.
As quoted in the market news:
The company said it had initiated a programme of cost-cutting initiatives aimed at reducing mine operating costs, exploration expenditures and mine site and corporate general and administrative costs.
