IAMGOLD's Gross Profit Increases 438% in First Quarter - "It was an outstanding quarter," said Steve Letwin, President and CEO of IAMGOLD. "Gold production increased by 12% as all owner-operator sites recorded increases. Notably, Westwood doubled its production over the preceding year. Gross profit rose by 438% to $35 million due to higher sales volume and a slight increase in realized gold prices. Net operating cash flow also increased, and we strengthened our balance sheet by reducing our debt and extending the maturity date to 2025." More
- 05/09/17 | Item |

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