IAMGold Corp. is pleased to announce that it has reached an agreement to amend the Côté Gold Joint Venture Agreement with Sumitomo Metal Mining Co., Ltd. and SMM Gold Cote Inc. Under the Agreement, commencing in January 2023, Sumitomo will contribute certain of IAMGOLD's funding amounts to the Côté Gold Project that in aggregate are expected to total approximately $340 million over the course of 2023. As a result of [...]
IAMGold Corp. deeply regrets to report the death of an IAMGOLD employee who passed away on Tuesday as a result of injuries sustained in an off-site accident in northeastern Burkina Faso. The accident occurred when IAMGOLD team members were assisting with the hoisting of mobile equipment. An investigation into the incident has been initiated by the Company and we are working closely with local authorities. "On behalf of [...]
IAMGold Corp. today reported its financial and operating results for the third quarter ended September 30, 2022. HIGHLIGHTS: Attributable gold production of 184,000 ounces in the third quarter and 528,000 ounces year-to-date as a result of continued strong performance from Essakane and improvements at Rosebel. The Company expects that annual production will exceed the top end of the previous guidance range of 570,000 to [...]
IAMGold Corp. plans to release its third quarter 2022 financial results after market hours on Tuesday, November 8, 2022. Senior management will host a conference call to discuss the operating performance and financial results on Wednesday, November 9, 2022, at 8:30 a.m. ET. Listeners may access the conference call via webcast or through the following dial-in numbers: Toll free : 1 319-4610 International: +1 638-5340 [...]
IAMGold Corp. is pleased to announce that it has entered into a definitive agreement with Zijin Mining Group Co. Ltd. to sell its 95% interest in Rosebel Gold Mines N.V. for cash consideration of $360 million and release of IAMGOLD's equipment lease liabilities amounting to approximately $41 million. Rosebel holds a 100% interest in the Rosebel Gold Mine and a 70% participating interest in the Saramacca Mine, located in [...]
IAMGold Corp. announces that the Company is closely monitoring the political situation in Burkina Faso. The Company has confirmed that all IAMGOLD personnel are safe and that there has been no impact to the production at the Essakane mine, which is located approximately 330 kilometres northeast of the country's capital, Ouagadougou. IAMGOLD continues to take proactive measures to ensure the safety and security of [...]
IAMGold Corp. today announced that Deborah Starkman has resigned from the Board of Directors effective as of the close of business on September 30, 2022. Ms. Starkman's decision to resign was to focus on her other professional commitments. Ms. Starkman has served on the IAMGOLD Board of Directors since December 2020. Maryse Bélanger, Chair of the Board and Interim President and CEO, commented: "We would like to sincerely [...]
IAMGold Corp. today announced the departure of Daniella Dimitrov, Chief Financial Officer and Executive Vice President, Strategy & Corporate Development. The Company's current Vice President, Finance, Mr. Maarten Theunissen has been appointed Interim Chief Financial Officer, and a search is underway for a permanent CFO. Maryse Bélanger, Chair of the Board and Interim President and CEO, said: "We would like to thank [...]
IAMGold Corp. announces that it has obtained a receipt for a final short form base shelf prospectus further to its filing of a preliminary short form base shelf prospectus, previously announced on August 4, 2022. Both documents have been filed with the securities regulators in each province and territory of Canada, and a corresponding registration statement has been filed with the United States Securities and Exchange [...]
IAMGold Corp. announces that the Company has filed a technical report for the Côté Gold project , titled "Technical Report on the Côté Gold Project, Ontario, Canada" dated August 12, 2022. The 2022 Technical Report was prepared by representatives of SLR Consulting Ltd., Wood Canada Limited and IAMGOLD, each of whom is a "qualified person" , in accordance with National Instrument 43-101 - Standards of Disclosure for [...]
IAMGold Corp. today announced it has filed a preliminary short form base shelf prospectus with the securities regulators in each province and territory of Canada. This filing, together with a corresponding registration statement to be filed with the United States Securities and Exchange Commission, when made final or effective, will allow the Company to make offerings of common shares, first preference shares, second [...]
All monetary amounts are expressed in U.S. dollars, unless otherwise indicated. IAMGold Corp. today reported its financial and operating results for the second quarter ended June 30, 2022. Q2 2022 HIGHLIGHTS: Attributable gold production of 170,000 ounces in the second quarter, and 344,000 ounces year to date , on continued strong performance from Essakane and improvements at Rosebel; annual production is expected to be [...]