Mosaic Exits Lithium Exploration, Completes Acquisition of Amanda Property and Announces Private Placement [Yahoo! Finance Canada]
Iamgold Corporation Ordinary Shares (IAG)
Last iamgold corporation ordinary shares earnings: 2/19 05:25 pm
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Source: Yahoo! Finance Canada
“The lithium market has been fueled by unrealistic expectations for the growth of electric vehicles. The slowdown in this sector, combined with low-cost lithium projects outside the country, makes profitable exploitation of deposits in Quebec highly unlikely. We will focus our efforts on resources with sustained and growing organic demand, such as gold. The global geopolitical situation could continue to favor the appreciation of gold, a trend we see as favorable for gold projects in Quebec,” said Jonathan Hamel, President and CEO of Mosaic. Amanda Project The Company announces that it has completed the exercise of the option to acquire 100% of the Amanda property. The Company has met all the conditions required in the agreement with IAMGOLD (see press release dated July 25, 2024). The Amanda project, consisting of 145 cells covering approximately 7,677 hectares, is accessible by a year-round forest road. Several gold occurrences associated with iron formations and paragneiss are
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IAG
Earnings
- 11/4/25 - Beat
IAG
Sec Filings
- 12/19/25 - Form 6-K
- 12/10/25 - Form 6-K
- 11/12/25 - Form SCHEDULE
- IAG's page on the SEC website