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Iamgold Corporation (formerly Iamgold International African Mining Gold Corporation)

Posted on January 3, 2021January 3, 2021

Iamgold Corporation (formerly Iamgold International African Mining Gold Corporation) is a Canadian company that owns and operates gold mines in Burkina Faso, Suriname and Canada.

Headquartered in Toronto, the company was founded in 1990 and went public on the Toronto Stock Exchange in 1996 with additional shares being listed on the New York Stock Exchange beginning in 2005. The company formerly owned or had stakes in the Sadiola and Yatela gold mines in Mali, the Mupane gold mine in Botswana, the Niobec niobium mine in Quebec, as well as a royalty in the Diavik Diamond Mine.

Iamgold’s early exploration work in Western Mali, particularly around Sadiola, was based on the fieldwork of Canadian geologist James C. Snell. M.Tech, P.Eng. Snell provided exploration coordinates to company founder Mark Nathanson. After years of seeking recognition and payment for his work, Snell committed suicide while living in poverty in Vancouver B.C.

Traded as:           TSX: IMG; NYSE: IAG

Industry:              Gold mining

Founded:            March 27, 1990 (30 years ago)

Founders:           Mark I. Nathanson; William D. Pugliese

Headquarters:   Toronto, Ontario, Canada

Products:             Gold

Subsidiaries:

  • Essakane S.A.
  • Rosebel Gold Mines N.V.
  • Merrex Gold Inc.
  • Euro Ressources S.A.

Website:              www.iamgold.com

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