09:47 AM EST - IAMGOLD Corporation : fell to a second-quarter loss of $28.4 million U.S. from a profit a year earlier as the company took impairment charges related to its investments. The Toronto-based gold miner, which reports in U.S. dollars, reported a loss of eight cents per share, compared to a profit of $52.9 million or 14 cents per share during the same quarter last year. Revenue was $301.1 million, down 17% from $364.5 million a year ago due to lower gold prices and lower volume of gold sales, offset partially by higher sales of a grey metal called niobium.Analysts had been expecting net income of $29.7 million U.S, or 14 cents per share, on revenue of $317.1 million, according to Thomson Reuters. IAMGOLD Corporation
shares T.IMG are trading up $0.11 at $5.61.
