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Iamgold Higher in TSX, U.S. As Rosebel Gold Mine Resumes Operation

Iamgold Corp. (IMG.TO) shares were slightly higher at $20.23 by 2% on the Toronto Stock Exchange and were also posting gains in the United States at US$20.97 after the company announced that a 36-hour work stoppage of the mill at the company's Rosebel Gold Mine in Suriname ended this morning when agreement was reached with regard to a possible change in shift scheduling.

Rosebel has resumed operation and is on target to meet its 2011 production guidance of between 360,000 and 380,000 ounces of gold, the company said.

Companies: Iamgold Corp.

Price: US$20.97. Price Change: +0.38. Percent Change: +1.9.

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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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