Stocks in the Spotlight: IAMGOLD Corp (USA) (IAG), Kinross Gold Corporation (USA) (KGC)

0
65

IAMGOLD Corp (USA) (NYSE:IAG)

Stock’s Trading Stats:

IAMGOLD Corp (USA) (NYSE:IAG) is trading up with a percentage change of 3.91% and is at $2.92 right now. The Company’s market capitalization stands at $1.32 Billion in the current trading Session whereas, its outstanding shares are 405.93 Million.

Recent Press Release:

IAMGOLD Corp (USA) (IAG) reported on April 11, 2016 it will release its first quarter 2016 financial results after market hours on Tuesday, May 3rd, 2016.

A conference call will be held on Wednesday, May 4th at 8:30 a.m. (Eastern Daylight Time) for a negotiation with administration regarding the Company’s operating performance and financial results for the first quarter 2016.

Kinross Gold Corporation (USA) (NYSE:KGC)

Stock’s Trading Stats:

Kinross Gold Corporation (USA) (NYSE:KGC) is surging 4.51% percent and is at $4.40 in the Real-Time trading session. The stock’s market capitalization stands at $5.91 Billion with outstanding shares of 1.24 Billion.

Recent Press Release:

Kinross Gold Corporation (USA) (KGC) declared on March 30, 2016 it filed an updated technical report for its Tasiast mine in Mauritania. The technical report incorporates updates with respect to the current Tasiast operation and provides comprehensive details from studies on a two-phased Tasiast expansion and a resulting updated mineral resource and mineral reserve estimate. The two-phased expansion scenario contemplates operations based on an ultimate processing capacity of 30,000 tonnes per day consisting of a new SAG mill, new gyratory crusher and three leach tanks, a new larger ball mill to replace two current ball mills, adding incremental power generation and additional leaching and thickening capacity, upgrading the water supply infrastructure and expanding the mine fleet.

The technical report has been prepared following Canadian Securities Administrator’s National Instrument 43-101, and may be found at www.kinross.com or under the Company’s profile at www.sedar.com.