Welcome to our dedicated page for IAMGOLD news (Ticker: IAG), a resource for investors and traders seeking the latest updates and insights on IAMGOLD stock.
IAMGOLD Corporation (IAG) is a mid-tier gold producer with active mining operations in Canada and West Africa, recognized for its commitment to operational excellence and sustainable practices. This page serves as the definitive source for corporate announcements, financial updates, and operational developments from one of the mining sector's most strategically diversified companies.
Access real-time press releases and verified news covering earnings reports, resource expansion projects, and environmental initiatives. Investors will find timely updates on production milestones, exploration progress at key sites like the Côté Gold Project, and governance-related announcements. Media professionals can track corporate strategy shifts while analysts monitor cost management initiatives and ESG performance metrics.
All content is curated to provide stakeholders with decision-ready information, from acquisition disclosures to technical reports on mineral reserves. Bookmark this page for direct access to IAMGOLD's official communications, including updates on West African operations and Canadian mining developments. Regularly refreshed content ensures you stay informed about this gold producer's strategic positioning in evolving markets.
IAMGOLD (NYSE: IAG) (TSX: IMG) has announced plans to release its first quarter 2025 operating and financial results after market hours on Tuesday, May 6, 2025.
The company will host a conference call with senior management to discuss performance and financial results on Wednesday, May 7, 2025, at 8:30 a.m. (Eastern Time). Investors can access the call through a webcast on the company's website or via telephone options, including a pre-registration system through Chorus Call that provides dial-in details and a unique PIN to bypass the operator queue.
IAMGOLD (TSX: IMG) (NYSE: IAG) has filed a technical report for the Nelligan Gold Project in Québec. The report, titled 'NI 43-101 Technical Report on the Nelligan Gold Project, Québec' dated April 2, 2025, was prepared by SLR Consulting (Canada) in compliance with National Instrument 43-101 standards.
This filing follows the company's February 20, 2025 announcement of a significant increase in Nelligan ounces and an update of global mineral reserves and resources. The technical report is now available on IAMGOLD's website, SEDAR, and EDGAR platforms.
IAMGOLD (TSX: IMG) (NYSE: IAG) has announced the filing of its Form 40-F report with the U.S. Securities and Exchange Commission. The filing includes the company's 2024 annual audited financial statements, management discussion and analysis, and annual information form (AIF).
The documents are accessible through EDGAR and SEDAR+ platforms, as well as on IAMGOLD's website. The AIF has been filed with Canadian securities regulatory authorities, and hard copies of the annual audited financial statements with accompanying notes are available upon written request from shareholders.
IAMGOLD (NYSE: IAG) reported strong financial and operating results for Q4 and full-year 2024, with total attributable gold production of 667,000 ounces, a 43% increase from the previous year. The company achieved record revenues of $1,633.0 million from sales of 699,000 ounces at an average realized gold price of $2,330 per ounce.
Key operational highlights include: Côté Gold achieving commercial production with 124,000 attributable ounces, Westwood exceeding guidance with 134,000 ounces, and Essakane reaching 409,000 attributable ounces. The company reported net earnings of $1.52 per share and adjusted net earnings of $0.55 per share for 2024.
For 2025, IAMGOLD projects attributable gold production of 735,000 to 820,000 ounces, with cash costs between $1,200-$1,350 per ounce sold. The company maintains strong liquidity of $767.0 million, including cash and cash equivalents of $347.5 million.
IAMGOLD (NYSE: IAG) has announced its updated Mineral Reserves and Resources statement as of December 31, 2024. Key highlights include:
The Nelligan Project showed significant growth with 3.1 million Indicated gold ounces (56% increase) and 5.2 million Inferred ounces (33% increase). Proven and Probable Mineral Reserves totaled 10.7 million ounces (3% decrease), while Measured and Indicated Resources increased 3% to 26.7 million ounces.
At Essakane, Mineral Reserves increased 5% net of depletion, while Côté saw a 4% decrease due to depletion. The company updated its gold price assumptions for Mineral Reserves to $1,500 per ounce for Essakane and Westwood, while Côté remained at $1,400 per ounce.
Approximately 80% of Measured and Indicated ounces and 90% of Inferred ounces are now located in Canada, positioning IAMGOLD as a modern Canadian multi-asset mid-tier gold producer.
IAMGOLD reported preliminary 2024 operating results and 2025 guidance, achieving attributable gold production of 667,000 ounces in 2024, meeting mid-point guidance. The company recorded annual gold sales of 654,000 ounces at an average realized price of $2,326 per ounce.
The Côté Gold Mine produced 199,000 ounces in its first nine months of operations, with strong performance in Q4 producing 96,000 ounces. The plant demonstrated capability to operate at 106% of nameplate capacity when online, though faced some ramp-up challenges.
For 2025, IAMGOLD projects attributable gold production of 735,000 to 820,000 ounces, with cash cost guidance of $1,200-$1,350 per ounce and AISC of $1,625-$1,800 per ounce. The company expects costs to decrease in the second half as Côté progresses towards nameplate throughput.
IAMGOLD (TSX: IMG) (NYSE: IAG) has announced the filing of a technical report for the Westwood Mine Complex in Quebec, Canada. The report, titled 'Technical Report on the Westwood Complex, Quebec, Canada' and dated September 30, 2024, was prepared by qualified persons from IAMGOLD, Norda Stelo Inc., and ASA Geotech Inc. in accordance with National Instrument 43-101 standards. The technical report is now available on IAMGOLD's website, SEDAR, and EDGAR platforms.
IAMGOLD (TSX: IMG) (NYSE: IAG) has announced the completion of its Guinea Assets sale, including the Karita Gold Project. This transaction is part of a larger deal announced in December 2022 with Managem to divest exploration and development projects across Senegal, Guinea, and Mali for approximately $282 million (pre-tax). Following the April 2023 closure of the Senegal assets sale, which included the 90% stake in Boto Gold Project, the only remaining transaction pending is the sale of the Diakha-Siribaya Gold Project in Mali.
IAMGOLD has announced significant amendments to its secured revolving credit facility. The facility has been upsized from $425 million to $650 million and extended to a four-year term, maturing on December 20, 2028. The expanded facility will support general working capital and provide flexibility for debt cost reduction in 2025.
The company expects to generate substantial cashflows after mid-2024 following the termination of gold prepayment arrangements, supported by strong mine-site free cashflow from Essakane, Westwood, and Côté Gold operations. Côté Gold is anticipated to reach nameplate production later in 2025.
The facility's interest rate margin varies based on the company's Net Debt to EBITDA ratio, with SOFR advances ranging from 2.75% to 3.75%. The facility is secured by company assets, subsidiary guarantees, and share pledges.
IAMGOLD has released an updated life of mine plan for its Westwood Complex in Quebec, extending operations from 2025 to 2032. The underground Mineral Reserves at Westwood contain 955,400 ounces at 11.45 g/t Au, with projected LOM production of 925,000 ounces. The first three years (2025-2027) are expected to average 146,000 oz Au annually.
Key operational metrics include 95% processing plant recoveries, average operating costs of $239.91/t, and total sustaining capital expenditures of $260.7 million. The Grand Duc open pit operations will conclude in 2025 with processing completed in 2027. Both Westwood and Grand Duc deposits remain open for potential expansion.
The mine has demonstrated improved seismic risk management through enhanced mining practices, with seismic activity rates reduced by half through changes in mining sequencing, extraction rates, and geo-seismic strategy implementation.
