Iamgold Corp - Company Profile

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Business Description

Iamgold Corp (IMG) is an intermediate gold producer and developer. It operates in the mining industry, focusing on the production and development of gold. It has three operating mines: Cote Gold and Westwood in Canada, and Essakane in Burkina Faso. In FY2024, IMG achieved an attributable gold production of 667,000 ounces. The company is also involved in exploration activities, with projects such as the Gosselin zone near Cote Gold and the Monster Lake Gold Project in Quebec. Additionally, IMG has interests in various exploration properties in Canada and West Africa, including the Nelligan and Anik Gold Projects. The company serves the gold mining sector, focusing on the extraction and production of gold for global markets.

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Geographical Segments

Overview

Focuses on gold mining operations, specifically at the Cote Gold mine.

Performance

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Overview

Includes the Essakane project, which is situated in north-eastern Burkina Faso, West Africa and approximately 330 km northeast of the capital, Ouagadougou.

Performance

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Overview

Includes Westwood mine, which is located 40 km east of Rouyn-Noranda and 80 km west of Val d’Or in Quebec. The company holds 100% interest in this mine. Has 120 titles, three tailings leases, one mining lease, and one surface lease.

Performance

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