By: Liezel Hill

15th September 2009

Updated 4 hours ago

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TORONTO (miningweekly.com) – Canada's Iamgold will look at buying assets with production or potential for at least 150 000 oz/y of gold and which would have a neutral or positive effect on the group's cost profile, CEO Joe Conway said on Tuesday.

The company is targeting a “significant” increase in output, through both organic and acquisitive growth, he said at the Denver Gold Forum, under way this week. The presentation was broadcast over the Internet.

The focus for the company will remain in its three priority regions – West Africa, the Guyana Shield and Quebec, and on advanced-stage exploration assets, Conway said.