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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG -- Ignore unavailable to you. Want to Upgrade?

To: Wade who wrote (6540)2/21/2007 8:52:41 AM
From: Wade  Respond to of 48092
 
OTTAWA, Feb 21 (Reuters) - Iamgold Corp. (IMG.TO: Quote, Profile , Research) said on Wednesday that it produced 44 percent more gold in 2006, beating its production forecast, and estimated a 2007 production increase of about 55 percent.

The company produced 642,000 ounces of gold in 2006 at an average cash cost of $321 per ounce, a cost increase of 16 percent over the previous year. It expects to produce 1 million ounces of gold in 2007 at a total cash cost of $395 per ounce.


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