IAMGold Sees Scope for Buys, Gold Above

Reuters reported that IAMGold’s (NYSE:IAG) CEO Steve Letwin sees the company as a good value for investors.

As quoted in the market news:

Letwin, who said he expected gold to top $2,000 an ounce this year or next from its current level of around $1,765, declined to comment on whether or IAMGold had been approached by rival gold miners as a potential takeover target.

Click here to read the full Reuters report.