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


To: Ms. Baby Boomer who wrote (46178)8/12/2013 8:57:36 PM
From: Ms. Baby Boomer  Respond to of 48092
 
InPlay: 5:16PM IAMGOLD misses by $0.01, misses on revs ( IAG) 5.34 +0.33 : Reports Q2 (Jun) earnings of $0.08 per share, excluding non-recurring items, $0.01 worse than the Capital IQ Consensus Estimate of $0.09; revenues fell 17.4% year/year to $301.1 mln vs the $324.21 mln consensus.

  • Attributable gold production was 224,000 ounces (including 10,000 pre-commercial ounces from Westwood); attributable sales were 201,000 ounces.
  • Total cash costs for all gold mines were $787 an ounce, below the bottom of the guidance range.
  • All-in sustaining costs for all gold mines were $1,196 an ounce.
  • With 55% of cost reduction target achieved and on track to reaching $100 million target by end of 2013, co is lowering:
    • Total cash costs 2013 guidance for all gold mines to $790-$840 an ounce from $850-$925 an ounce.
    • All-in sustaining costs 2013 guidance for all gold mines to $1,150-$1,250 an ounce from $1,200-$1,300 an ounce.
  • Production guidance of 875,000 to 950,000 ounces for all gold mines maintained for 2013.


(Source: Briefing.com)

Needless to say, also retained the dividend....