Schedule 13G/A: Van Eck Discloses 39.3M-Share (6.84%) Position in IAMGOLD
Rhea-AI Filing Summary
Van Eck Associates Corporation reports a beneficial ownership position in IAMGOLD Corp common stock. The Schedule 13G/A shows Van Eck beneficially owns 39,323,605 shares, equal to 6.84% of the class as of 06/30/2025. The filer discloses sole voting power for 39,159,303 shares and sole dispositive power for 39,323,605 shares, indicating direct authority to vote and dispose of those shares.
The filing classifies the reporting person as an investment adviser (IA) and includes a certification that the securities were acquired and are held in the ordinary course of business and were not acquired to change or influence control of the issuer. By reporting ownership above the 5% threshold, the statement provides public disclosure of a material passive stake in IAMGOLD.
Positive
- Clear disclosure of beneficial ownership: 39,323,605 shares representing 6.84% of IAMGOLD common stock
- Detailed voting/dispositive breakdown: sole voting power for 39,159,303 shares and sole dispositive power for 39,323,605
- Reporting person classified as an investment adviser (IA), providing regulatory context for the holding
- Certification included that the securities are held in the ordinary course of business and not to change control
Negative
- None.
Insights
TL;DR: Van Eck discloses a material 6.84% passive stake in IAMGOLD with sole voting and dispositive power over ~39.3 million shares.
The Schedule 13G/A indicates Van Eck Associates Corporation beneficially owns 39,323,605 shares (6.84%) of IAMGOLD common stock and reports sole voting power for 39,159,303 shares and sole dispositive power for 39,323,605 shares. The filing is consistent with a passive reporting regime for an entity classified as an investment adviser (IA). The included certification states the holdings are in the ordinary course of business and not intended to change control, which is important context for investors assessing whether this represents an activist position.
TL;DR: This disclosure is material in size but certified as passive; it signals transparency without indicating control efforts.
The document is a Schedule 13G/A showing a >5% disclosure trigger: 39,323,605 shares (6.84%). Reporting of sole voting and dispositive power clarifies Van Eck's control over voting and disposition of the reported shares. The certification language explicitly denies an intent to influence control, aligning the filing with passive investor reporting. For governance analysis, the filing is a notable ownership disclosure but does not, on its face, indicate engagement to change board composition or corporate control.