IAMGOLD Corporation

IAMGOLD Corporation

IAMGOLD Corporation

Overview
Date Founded

1990

Headquarters

401 Bay Street, Suite 3200, Toronto, ON, M5H 2Y4, CAN

Type of Company

Public

Employees (Worldwide)

4,780

Industries

Non-Energy Mining & Minerals
Metal Manufacturing & Products

Company Description

IAMGOLD Corp. engages in the exploration, development, and production of gold and mineral resource properties. It operates through the Gold Mine and Non-Gold segments. The Gold Mine segment deals with gold properties in Burkina Faso, Suriname, Canada, and Mali. The Non-Gold Mine segment includes the exploration and evaluation, and corporate activities such as investments in associates and incorporated joint ventures. The company was founded by William D. Pugliese, Mark I. Nathanson, and Larry E. Phillips on March 27, 1990 and is headquartered in Toronto, Canada.

Website
Executives & Employees

President, Chief Executive Officer & Non-Independent Director

Executive Vice President & Chief Financial Officer

Executive Vice President & Chief Operating Officer

Senior Vice President, Corporate Affairs, HSS & People

Senior Vice President, Exploration

General Counsel & Senior Vice President, Business Development

Director-Investor Relations

Board of Directors

President, Chief Executive Officer & Non-Independent Director at IAMGOLD Corporation

Former Senior Vice President & General Counsel at Barrick Gold Corp.

Co-Founder & Chairman at Cupric Canyon Capital LLC

President at SMTC Manufacturing Corporation of California

Senior Vice President of Business Development & Marketing at US Oncology, Inc.

Chief Financial Officer at Fundeco, Inc.

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Owners & Shareholders
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Van Eck Associates Corp. manages investments in hard assets, emerging markets, precious metals (including gold) and other specialized asset classes. The firm's mutual funds are designed to offer innovative diversification across asset classes with returns that have low correlations to traditional US equity and fixed-income investments. Van Eck also offers ETFs, separate accounts and alternative investments. The firm employs a top-down approach to identify attractive potential markets and sectors and then conducts bottom-up analysis of individual stocks. Their portfolios are benchmarked against indices based on the portfolio's investment types and geographic focus and client preferences.

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Donald Smith & Co. specializes in managing value equity investments. The firm generally invests in stocks of out-of-favor companies that sell in the bottom decile of price-to-tangible book value ratios, and that have significant earnings potential over the next 2-4 years. They offer five long-only products: All Cap Value Equity, Large Cap Concentrated Value Equity, Midcap Value Equity, Small Cap Value Equity and Micro Cap Value Equity.

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Formed in 1985, Tocqueville Asset Management is an entrepreneurial, employee-owned partnership that focuses exclusively on growing and preserving our clients’ long-term capital. We invest alongside our clients and therefore have more than a professional interest in producing results that meet and exceed expectations. We manage investment portfolios with the independent thinking and rigorous research that was the hallmark of Alexis de Tocqueville, the great nineteenth-century chronicler of American democracy. Like our namesake, we resist preconceived notions and constantly test our ideas against the hard realities of the marketplace. We are contrarians who believe that the best investment results over time are achieved outside the mainstream consensus. Our investment process is built around identifying undervalued companies that possess long-term earnings power. In our experience, recognizing value before it is discerned by the market at large is the most certain way to build wealth and mitigate investment risk.

Recent Transactions
Details Hidden

Sumitomo Metal Mining Co., Ltd. purchases IAMGOLD Corp. /Cote Gold Project from IAMGOLD Corporation

Details Hidden

IAMGOLD Corporation purchases Merrex Gold, Inc.

Details Hidden

Trelawney Mining & Exploration, Inc., IAMGOLD Corporation purchase GoldOn Resources Ltd. /Swayze Gold Project from GoldON Resources Ltd.

Transaction Advisors
Legal Advisor

Advised onIAMGOLD Corporation purchases Trelawney Mining & Exploration, Inc.

Investment Advisor

Advised onIAMGOLD Corporation purchases Trelawney Mining & Exploration, Inc.

Underwriter

Advised onIAMGOLD Corporation issued Common Stock

Legal Advisor

Advised onIAMGOLD Corporation issued Common Stock

Legal Advisor

Advised onMagris Resources, Inc. purchases IAMGOLD Corp. /Niobec Mine Ops from IAMGOLD Corporation

Legal Advisor

Advised onIAMGOLD Corporation issued Common Stock

Advisors & Consultants
Advisor

Executive Vice President & Chief Operating Officer at Dundee Precious Metals, Inc.

Legal Advisor

Partner, Co-Head of Corporate Department at Bennett Jones LLP

Legal Advisor

Partner at Bennett Jones LLP

Key Stats and Financials As of 2017
Market Capitalization
$3.57B
Total Enterprise Value
$2.98B
Earnings Per Share
$1.4
Revenue
$1.42B
Net Profit
$651M
EBITDA
$437M
EBITDAMargin
30.72%
Total Debt
$491M
Total Equity
$3.57B
Enterprise Value Sales
2.1x
Enterprise Value EBITDAOperating
6.82x
TEVNet Income
4.57x
Debt TEV
0.16x
Three Year Compounded Annual Growth Rate Of Revenue
8.48%
Five Year Compounded Annual Growth Rate Of Revenue
-3.17%
Non-Profit Donations & Grants
$5,000 - $10K
2015
$5,000 - $10K
2015
Suppliers
BMMI BSC Wholesale: Consumer Non-Durables/Sundries | Sitra, CE

BMMI BSC engages in the wholesale and retail of food, beverages and other consumable items. It operates through the following segments: Contract Services and Supply; Retail and Distribution, Investments and Other Activities, and Hospitality. The Contract Services and Supply segment includes contract supply of food, beverage and other consumer products and related services. The Retail and Distribution segment offers retail and distribution of food, beverage and other consumer products. The Investments and Other Activities segment is involved in investment properties, investments, bank balances, and certain payables. The Hospitality segment consists of the Group’s hotel business. The company was founded in 1980 and is headquartered in Sitra, Bahrain.

EURO Ressources SA Non-Energy Mining & Minerals | Paris, IF

EURO Ressources SA engages in the exploration and development of precious metal royalties. It focuses its interest on the Rosebel gold production royalty from the Rosebel mine in Suriname. The company was founded on April 20, 1993 and is headquartered in Paris, France.

Eren Renewable Energy SA Power & Utilities | Paris, IF

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Competitors
Newmont Mining Corporation Non-Energy Mining & Minerals - Greenwood Village, CO

Newmont Mining Corporation is primarily a gold producer, with significant assets or operations in the United States, Australia, Peru, Indonesia, Ghana, New Zealand and Mexico. Founded in 1921 and publicly traded since 1925, Newmont is one of the world’s largest gold producers and is the only gold company included in the S&P 500 Index and Fortune 500. Headquartered near Denver, Colorado, the company has approximately 43,000 employees and contractors worldwide. In 2007, Newmont became the first gold company selected to be part of the Dow Jones Sustainability World Index. Newmont’s industry leading performance is reflected through high standards in environmental management, health and safety for its employees and by creating value and opportunity for host communities and shareholders

Agnico Eagle Mines Ltd. Non-Energy Mining & Minerals - TORONTO , ON

Agnico Eagle Mines Ltd. engages in the exploration, development, sale, and production of gold mineral properties. The company was founded by Paul Penna on June 1, 1972 and is headquartered in Toronto, Canada.

Yamana Gold, Inc. Non-Energy Mining & Minerals - Toronto, ON

Yamana Gold, Inc. is a gold producer company, which engages in the production, development, and exploration of gold properties and land positions. It operates through the following segments: Chapada, El Peñón, Canadian Malartic, Jacobina, Minera Florida, Gualcamayo, Brio Gold, and Corporate and Other. The Corporate and Other segment consists of Agua Rica, other advanced stage development, exploration properties, investments in associate, and corporate entities. The company was founded by Peter J. Marrone on July 31, 2003 and is headquartered in Toronto, Canada.