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IAMGOLD Corp

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  • *Gulf airlines using Italy as base for expansion. Italy is Europe's fourth largest travel market, one of the world's top tourist destinations and its thriving fashion and leather industry underpin demand for business travel. That is taking passengers away from Germany's Lufthansa, British Airways and Air France-KLM in Europe, and Delta Air Lines and American...

  • Rules vary about travel to countries hit by Ebola Friday, 17 Oct 2014 | 4:32 PM ET

    Demands are rising in Washington for the U.S. to ban travelers from countries in West Africa, but the Obama administration is resisting and says the screening measures already in place for travelers are more effective. There are no direct flights from Liberia, Guinea or Sierra Leone to the U.S. No direct flights from the three affected countries to London's...

  • *Seven people hospitalised, monitored in Madrid hospital. MADRID, Oct 9- The health of a Spanish nurse with Ebola worsened on Thursday and four other people were put into isolation in Madrid, while the country's government rejected claims its methods for dealing with the disease weren't working and blamed human error. Teresa Romero, 44, is the first person to have...

  • LONDON, Oct 8- European equities fell on Wednesday, with a benchmark index slipping to its lowest in nearly two months, as investors moved out of shares around the world in the face of discouraging signals about the global economy. Growing concern over the spread of Ebola outside Africa also hurt sentiment. In the latest evidence of economic malaise, China's...

  • LONDON, Oct 6- Britain's Virgin Atlantic Airways is to close its Little Red domestic airline next year, it said on Monday, less than two years after it was launched. Reconfirming that the group as a whole was on track to make a profit by the end of this year after two years of losses, Virgin Atlantic said the decision on Little Red followed a review of its network which...

  • *75 percent chance virus will hit France by Oct 24. LONDON, Oct 5- Scientists have used Ebola disease spread patterns and airline traffic data to predict a 75 percent chance the virus could be imported to France by October 24, and a 50 percent chance it could hit Britain by that date. Nigeria, Senegal and now the United States- where the first case was diagnosed on...

  • TORONTO, Oct 3- Iamgold Corp said on Friday it will sell its niobium mine in Quebec to a group of companies led by private-equity investment firm Magris Resources for $500 million in cash so that it can focus on its core gold mining business. Toronto- based Magris Resources, led by former Barrick Gold Corp chief executive Aaron Regent, is one of a handful of...

  • European shares regain poise after sharp sell-off Friday, 3 Oct 2014 | 12:49 PM ET

    PARIS, Oct 3- European stocks regained some poise on Friday after the previous day's sell-off, led by airlines buoyed by a sharp drop in oil prices while exporters such as Airbus got a lift from the euro's renewed slide after strong U.S. jobs data. Shares in British Airways owner International Airlines Group rose 4.9 percent and Air France-KLM added 3.6 percent,...

  • Oct 3- Iamgold Corp said on Friday it has agreed to sell its niobium mine in Quebec to a group of companies led by investment firm Magris Resources Inc for $500 million in cash, to focus on its core gold mining business. Magris is acquiring the niobium asset in partnership with Singapore's Temasek Holdings and CEF Holdings Ltd, a Hong Kong- based investment company...

  • Oct 3- Iamgold Corp said it would sell its Niobec rare earths mine in Quebec to a group of companies led by investment company Magris Resources Inc for $500 million in cash, to focus on its core gold mining business. Iamgold, which has assets in Canada, South America and Africa, will get an additional $30 million when commercial production begins at the adjacent...

  • Oct 3- Iamgold Corp said it would sell its Niobec rare earths mine in Quebec to a group of companies led by Magris Resources Inc for $500 million in cash, to focus on its core gold mining business. The sale of Niobec, located in the Saguenay-Lac-Saint-Jean region in Quebec, includes an adjacent rare earths deposit. Iamgold will get an additional $30 million when...

  • Air industry battles Ebola with heat scans and handwash Thursday, 2 Oct 2014 | 10:58 AM ET

    BERLIN, Oct 2- Airlines and airports handling travel to countries worst hit by the Ebola epidemic are trying to prove that flying to West Africa is safe, following concerns that the first case diagnosed in the United States could curtail worldwide services. Some airlines have already suspended or cut back flights since the summer, and only one European carrier...

  • Strike-scarred Air France-KLM may need strategy rethink Tuesday, 30 Sep 2014 | 11:59 AM ET

    PARIS, Sept 30- With no deal in sight over pilot pay and up to 300 million euros of strike costs to absorb, Air France-KLM may need to rethink its route to viability.

  • Low-cost? Low chance for Air France and Lufthansa Sunday, 28 Sep 2014 | 6:06 AM ET

    *Ryanair, easyJet challenged by Vueling, Norwegian. BERLIN, Sept 28- Venerable old airlines Lufthansa and Air France know the smart money is in the low-cost market- Ryanair raised its forecasts again on Thursday- but powerful labour unions are keeping them from the bounty.

  • VANCOUVER, Sept 25- The price of gold, down more than a third in three years, is approaching the tipping point where the mining industry would see a spike in the number of producers reducing output or even shutting down operations. The industry has geared itself around $1,200, "said Joseph Foster, portfolio manager at institutional investor Van Eck Global.

  • Sept 18- JetBlue Airways on Thursday named Robin Hayes, its current president and a former British Airways executive, to succeed Dave Barger as chief executive, sending the airline's shares up in after-market trading.

  • PARIS, Sept 11- Air France-KLM pledged to lift core earnings by up to 10 percent a year through 2017 as part of a new plan combining an assault on the European leisure market with efforts to retain the loyalty of long-haul travellers.

  • Sept 8- Ryanair Holdings Plc, Europe's largest low-cost carrier, signed a deal on Monday to buy 100 Boeing Co 737 MAX jetliners for up to $11 billion, launching a new version of the single-aisle plane that will allow it to squeeze in more passengers.

  • SAN FRANCISCO/ WASHINGTON, Sept 4- Nvidia Corp has sued rival chipmakers Qualcomm and Samsung Electronics, accusing both companies of infringing its patents on graphics processing technology.

  • PARIS/ NEW YORK, Sept 4- Airbus and Boeing both topped 1,000 new jet orders in the first eight months of the year, but Boeing is far ahead after adjusting for cancellations. Chicago- based Boeing also has delivered more planes this year than its European rival, hanging on to the title of world's largest plane maker.