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Why Iamgold’s Rosebel Mine Should Do Better in H2 2018

Annie Gilroy
Why Iamgold’s Rosebel Mine Should Do Better in H2 2018

Iamgold’s (IAG) Rosebel mine is located in northeastern Suriname in South America. IAG owns 95% of Rosebel. In the second quarter, Rosebel’s attributable production fell 5% YoY (year-over-year) to 70,000 ounces. Lower production at the mine was mainly due to planned maintenance and an increase in hard rock blend.