Iamgold

Kinross Gold (NYSE:KGC), Harmony Gold Mining (NYSE:HMY), Yamana Gold (NYSE:AUY), Eldorado Gold (NYSE:EGO) Hammered Again on Down Gold Day

Kinross Gold (NYSE:KGC), Harmony Gold Mining (NYSE:HMY), Yamana Gold (NYSE:AUY) and Eldorado Gold (NYSE:EGO) took another hit Wednesday as gold prices ended in the negative, although much better than the last couple of days.The good news is some gold miners like Novagold (AMEX:NG), Ivanhoe (NYSE:IVN) and Iamgold (NYSE:IAG) all closed in the positive, and Ivanhoe has been positive even on some of

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Alamos Gold (TSE:AGI), IAMGOLD (NYSE:IAG), Fronteer Gold (AMEX:FRG) Shares Skyrocket on Record Gold Prices

Alamos Gold (TSE:AGI), IAMGOLD (NYSE:IAG), Fronteer Gold (AMEX:FRG) moved up strongly in share price as the gold prices soared to record levels in response to the new round of inflating the money supply, or quantitative easing, as the Fed likes to call it now. Spot gold prices soared to over $1,390 as the trading session approached its closing moments, up by $42.50. The gold miners, and other

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Gold Outperforming Gold Stocks in 2010

Gold Outperforming Gold Stocks in 2010

With just over two months left in 2010, the price of gold is outperforming share prices of the world’s largest companies that mine the precious yellow metal. For the year, 10 of the 12 largest gold companies have seen their shares rise as commodity prices elevate. On average, these gold stocks have returned a 15.9% gain. That compares to gold, which is up 21.1% for the year. Take a look: Company Share Price 12/31/09 10/22/10 Percent Change Stock Chart Barrick Gold (NYSE: ABX) $39.38 $46.13 ↑17.1% Goldcorp (NYSE: GG) $39.34 $42.04 ↑ 6.9% Newmont Mining (NYSE: NEM) $47.31 $59.37 ↑ 25.5% Newcrest Mining (ASX: NCM) $35.33 $40.00 ↑ 13.2% AngloGold Ashanti (NYSE: AU) $40.18 $45.70 ↑ 13.7% Kinross Gold (NYSE: KGC) $18.40 $17.55 ↓4.6% Polyus Gold (Pink OTC: OPYGY) $27.55 $31.10 ↑12.9% Agnico-Eagle Mines (NYSE: AEM) $54.00 $70.10 ↑31.7% Gold Fields (NYSE: GFI) $13.11 $15.32 ↑16.9% Yamana Gold (NYSE: AUY) $11.38 $10.74 ↓5.6% Eldorado Gold (NYSE: EGO) $14.17 $16.76 ↑18.3% IAMGOLD (NYSE: IAG) $15.64 $17.49 ↑11.8% Average Gain ↑15.9% Dow Jones Gain to Date: ↑6.8% NASDAQ Gain to Date: ↑9.3% S&P 500 Gain to Date: ↑6.1% Gold’s Gain to Date ↑21.1% The price of physical gold may be outperforming gold stocks for 2010. But one of the biggest complaints among anti-gold investors is that bullion doesn’t pay an income of any kind. However, there are several gold stocks that do pay dividends. In my recent report for Wealth Daily, titled The Definitive Guide to Gold Dividend Stocks , I give investors a current perspective of gold dividend stocks and reveal the top three highest-yield gold dividend stocks on the market today. You can read this report for free right now by clicking here or by copying and pasting the following link into your internet browser’s address bar: http://www.wealthdaily.com/articles/the-definitive-guide-to-gold-dividend-stocks/2788 Good Investing, Luke Burgess Editor, Wealth Daily Investment Director, Hard Money Millionaire and Underground Profits Gold Outperforming Gold Stocks in 2010 originally appeared in Wealth Daily . Wealth Daily is a free daily newsletter featuring contrarian investment insights and commentary.

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IAMGold (IAG): Takeover Speculation?

IAMGold (IAG): Takeover Speculation?

Filed under: Newsletters , Canada , Commodities , Stocks to Buy “High gold prices and low debt costs make now a great time for major gold producers to seek and acquire junior gold companies,” says Ian Wyatt . The editor of Top Stock Insights explains, “I have singled out what I believe could be a potential takeover candidate: IAMgold ( IAG ), a mid-tier Canadian gold miner. “Although we emphasize that this is a speculation, we believe the company could be a takeover candidate by large South African miners, perhaps by such companies as Gold Fields or AngloGold Ashanti. Continue reading IAMGold (IAG): Takeover Speculation? IAMGold (IAG): Takeover Speculation? originally appeared on BloggingStocks on Fri, 01 Oct 2010 13:00:00 EST. Please see our terms for use of feeds . Permalink | Email this | Comments

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Iamgold (NYSE:IAG) Names Enbridge (TSE:ENB) Exec as CEO

Filed in enbridge, Gold, Gold Prices, Iamgold, Joseph Conway, silver, Stephen Letwin by on September 8, 2010 0 Comments

Iamgold (NYSE:IAG) announced it has chosen former executive vice president for gas transportation and international at Enbridge Inc.(TSE:ENB), Stephen Letwin, to take over the reins of the company.Iamgold chairman William Pugliese said, “Steve brings a proven track record in both operations and acquisitions in a highly competitive sector of the resources industry. “I am confident he will deliver

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IAMGOLD (NYSE:IAG) Earnings Fall in Second Quarter

IAMGOLD (NYSE:IAG) has followed the path of a number of gold miners this quarter, falling in earnings even though gold prices had soared during the quarter, pointing to higher costs. Net earnings came in at $35.7 million, or $0.10 a share, down from the same quarter last year, when they earned $44.1 million, or $0.12 a share. Adjusted net earnings reached $39.1 million, or $0.11 a share, a

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NovaGold (AMEX:NG), IAMGOLD (NYSE:IAG), Ivanhoe (NYSE:IVN) Down As Gold Prices Fall

NovaGold Resources (AMEX:NG), IAMGOLD Corporation (NYSE:IAG) and Ivanhoe Mines Ltd. (NYSE:IVN) all fell Monday, as gold tested the $1,180 an ounce mark, ending at $1,183.10 an ounce on the Comex division of the New York Mercantile Exchange. With most economics seeming to be going against gold’s grain, the relatively slow decline in price reveals the uncertainty of the market, and even though

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Iamgold (NYSE:IAG), Goldcorp (NYSE:GG), AngloGold (NYSE:AU) Up on Weak Economy

As we gradually sift through the economic data and news, confirmation we are far from any type of recovery continues to emerge, as the latest data in new housing starts confirm once government props are removed it falls apart. Gold companies like Iamgold (NYSE:IAG), Goldcorp (NYSE:GG) and AngloGold Ashanti (NYSE:AU) will continually be the beneficiaries of the weak economy, as gold prices resume

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Allied Nevada (AMEX:ANV), Iamgold (NYSE:IAG), Yamana (NYSE:AUY) Plunge, Along with Gold Price

Gold dropped for the fourth straight week, as investors look elsewhere for safety, albeit, it won’t last too long. Consequently, Allied Nevada Gold (AMEX:ANV), Iamgold (NYSE:IAG) and Yamana Gold (NYSE:AUY) got hit hard Friday, as did most gold miners. One of the worse performers in the sector for the day was Allied Nevada Gold, which plunged almost 7 percent to $17.25, losing $1.24, or 6.71

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Stifel Nicholas Initiates Coverage on IAMGOLD (NYSE:IAG), Eldorado (NYSE:EGO), Kinross (NYSE:KGC), Others

Stifel Nicholas initiated coverage on a large number of gold mining companies today, including IAMGOLD (NYSE:IAG), Eldorado (NYSE:EGO), Kinross (NYSE:KGC), Barrick Gold (NYSE:ABX), Goldcorp (NYSE:GG), Osisko Mining (TSE:OSK), European Goldfields (TSE:EGU) and Newmont Mining (NYSE:NEM). Eldorado Gold, Barrick Gold, Kinross Gold and Goldcorp were all started off with “Holds” by Stifel. While

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Dividend Highlights and Lowlights for July 6

Filed in dividend, Gold, Gold Investing, Iamgold by on July 6, 2010 0 Comments
Dividend Highlights and Lowlights for July 6

These were some of the biggest dividend stock performers on the upside and the downside in today’s market action. Highlights BP PLC ( BP ) – up 9% Tyco International ( TYC ) – up 4% Peabody Energy ( BTU ) – up 3% Halliburton ( HAL ) – up 3% Massey Energy ( MEE ) – up 3% Lowlights Ethan Allen ( ETH ) – down 8% Cliffs Natural Resources Inc. ( CLF ) – down 5% Pep Boys ( PBY ) – down 5% IAMGOLD Corp. ( IAG ) – down 4% Monsanto ( MON ) – down 3% Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .

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IAMGOLD (NYSE:IAG) Drops Over 5 Percent, Even with Starting Production at Essakane Mine Six Months Early

IAMGOLD Corporation (NYSE:IAG) participated in the gold sell-off Thursday, as their recent good news of beginning production six-months ahead of schedule at their Essakane gold mine wasn’t enough to overcome the punishing trend. Gold prices fell below $1,200 at one point in the trading session as investors decided to go with Treasury’s for a safe haven, although that is sure to change soon.

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