IAMGOLD Corp. (IAG, IMG.TO) reported net earnings from continuing operations attributable to equity holders for the first quarter 2016 of $53.1 million or $0.13 per share, compared to a loss of $16.5 million or $0.04 per share, prior year. The company said the increase was mainly due to the gain on sale of gold bullion, lower derivative losses, lower cost of sales, lower income tax expense and lower exploration expenses.
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