Iamgold falls 15% on higher expected costs

Iamgold (IMG-T, IAG-N) shares crumbled as the gold producer estimated higher operating costs for 2013, causing analysts to cut their targets.For 2013, the Toronto-based firm expects to produce 875,000–950,000 attributable oz. gold at cash costs of US$850–US$925 per oz., including...

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