Mining’s old guard needs strong medicine
A new report details subpar investor returns in the mining industry over the last decade, particularly big cap diversified companies which have not adapted to new realities.
IAMGOLD Corporation (“IAMGOLD” or the “Company”) deeply regrets to report the death of a contractor’s employee due to an equipment fire at its Essakane Mine in Burkina Faso, West Africa.
The incident occurred at the end of the night shift and during the operation of the contractor haul truck on site. Essakane’s Emergency Response Team was immediately activated. The appropriate government authorities have been notified.
An investigation into the incident has been initiated by the Company and we are working with our contractor, and the local authorities to determine the cause.
Our thoughts are with the family, friends and co-workers of our colleague, and we are offering support at this difficult time.
About IAMGOLD
IAMGOLD is a mid-tier mining company with four operating gold mines on three continents. A solid base of strategic assets in North and South America and West Africa is complemented by development and exploration projects and continued assessment of accretive acquisition opportunities. IAMGOLD is in a strong financial position with extensive management and operational expertise.
