Iamgold Ready for Risks, Spinoffs as It Eyes Growth

Reuters reported that Iamgold (TSE:IMG) is preparing to grow the company through acquisitions and spinoffs.

Reuters reported that Iamgold (TSX:IMG) is preparing to grow the company through acquisitions and spinoffs.

The market news is quoted as saying:

New Chief Executive Stephen Letwin, a newcomer to the booming gold sector, told Reuters that he aims to spin off Iamgold’s non-gold asset into a new entity and speed up the process of developing new mines.

To read the full market news, click here.

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Markets
TSX	21642.87	-97.33
TSXV	572.57	-4.10
DOW	37798.97	+63.86
S&P 500	5051.41	-10.41
NASD	15865.25	-19.77
ASX	7752.50	-35.60

Markets

TSX

21642.87

-97.33

TSXV

572.57

-4.10

DOW

37798.97

+63.86

S&P 500

5051.41

-10.41

NASD

15865.25

-19.77

ASX

7752.50

-35.60

Commodities
Gold	2382.91	+1.10
Silver	28.10	-0.79
Copper	4.33	-0.05
Oil	85.31	-0.10
Heating Oil	2.66	0.00
Natural Gas	1.68	-0.02

Commodities

Gold

2382.91

+1.10

Silver

28.10

-0.79

Copper

4.33

-0.05

Oil

85.31

-0.10

Heating Oil

2.66

0.00

Natural Gas

1.68

-0.02

Iamgold Ready for Risks, Spinoffs as It Eyes Growth

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