Iamgold dividends up by 33%

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BSE-listed Iamgold has announced it had increased its annual dividend payment by 33 percent from 40thebe ($0.06) per share to 53thebe ($0.08) per share.

The dividend will be paid on January 14, 2011 to shareholders of record as at close of trading on December 24, 2010.

In addition, the company has provided guidance for 2011, with gold production expected to increase by approximately 20 percent over the current forecast production for 2010.

Editor's Comment
Gov’t must rectify recognition of Khama as Kgosi

While it is widely acknowledged that Khama holds the title of Kgosi, the government’s failure to properly gazette his recognition has raised serious concerns about adherence to legal procedures and the credibility of traditional leadership. (See a story elsewhere in this newspaper.) Recent court documents by the Minister for Local Government and Rural Development, Kgotla Autlwetse, shed light on the intricacies of Khama’s recognition process....

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