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Iamgold Higher in TSX, U.S.; Halts Rosebel Gold Mine Operations

Iamgold Corp. (IMG.TO) shares were higher on the Toronto Stock Exchange at $19.93 by 4% and were also posting gains in the United States at US$20.64 on midday Tuesday.

Workers at the company's Rosebel gold mine have reportedly gone on strike, halting operations at the mine, as management demanded employees work an additional 4 hours on the final day of their 14-day shifts. The company's spokesman, Bob Tait, said that talks are under way to end the strike.

Companies: Iamgold Corp.

Price: US$20.64 Price Change: +0.32. Percent Change: +1.6.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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