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BRIEF-IAMGOLD meets production and cost guidance for 2015 and lowers cost guidance for 2016

Published 2016-01-19, 07:19 a/m
© Reuters.  BRIEF-IAMGOLD meets production and cost guidance for 2015 and lowers cost guidance for 2016
IMG
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Jan 19 (Reuters) - IAMGOLD Corp IMG.TO :
* Meets production and cost guidance for 2015 and lowers cost guidance for 2016
* Says 2016 attributable gold production expected to be between 770,000 and
800,000 ounces
* Sees 2016 capital expenditures guidance of $250 million ±10%
* Says fourth quarter gold production was 199,000 ounces
* Says set 2016 all-in sustaining cost guidance at $1,000 to $1,100 per ounce,
which is $75 per ounce below initial guidance for 2015
* Throughout 2016,westwood mill will operate on reduced schedule due to low
level of mining, with ramp-up to full capacity over next 4 years

* Source text for Eikon ID:nPn7yNrYg

* Further company coverage IMG.TO

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