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BRIEF-Iamgold's net operating cash flow increases 125%

Published 2016-08-03, 06:32 p/m
© Reuters. BRIEF-Iamgold's net operating cash flow increases 125%
IMG
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Aug 3 (Reuters) - Iamgold Corp IMG.TO

* Iamgold's net operating cash flow increases 125%

* Q2 loss per share $0.03 from continuing operations

* Q2 revenue rose 3 percent to $232.5 million

* Remain confident in guidance for year

* Qtrly attributable gold production of 197,000 ounces; gold sales of 187,000 ounces

* Says maintaining 2016 production guidance of 770,000 to 800,000 attributable ounces

* Iamgold corp says q2 gold margins increase 36% to $513/oz from q2/15

* Expect positive consolidated free cash flow for second half of year if gold remains above $1,300 an ounce

* Qtrly gold all-in sustaining costs of $1,114/oz sold

* "intends to move ahead with sadiola sulphide project by end of year" Source text for Eikon: ID:nPn2xKzDBa Further company coverage: IMG.TO

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