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IAMGOLD 2Q20 Results

by Bonnie Corbett | Aug 11, 2020
On 5 August 2020, gold mining company, IAMGOLD Corp (IAMGOLD, Company), released its second quarter results for the period ended 30 June 2020. Overall the results were mixed with strong realised gold prices being partially offset by lower sales volumes. Revenues for the quarter were USD285m, up 15% on the prior corresponding period (pcp). The Company reported a net profit from continuing operations of USD25.5m in 2Q20 which compared favourably to a net loss of USD318.6m in 2Q19.