Iamgold posts strong net earnings for Q2
Thursday, August 14, 2008
The BSE-listed company said in a statement that stripping out the effects of the impairment, profit rose 169 percent year-on-year, thanks to higher gold and niobium prices as well as slightly increased production levels.
Iamgold realised an average gold price of P5,777/oz compared with P4342/oz in the same period a year ago, and gold production rose to 255, 000 oz, from 251, 000 oz in the second quarter of 2007.
It highlights the need to protect rights such as access to clean water, education, healthcare and freedom of expression.President Duma Boko, rightly honours past interventions from securing a dignified burial for Gaoberekwe Pitseng in the CKGR to promoting linguistic inclusion. Yet, they also expose a critical truth, that a nation cannot sustainably protect its people through ad hoc acts of compassion alone.It is time for both government and the...