A Canadian gold mining company that explores for, develops, and operates mines in Canada and West Africa, including the Côté Gold mine in Ontario and the Essakane mine in Burkina Faso. It was founded in 1990 by a geologist, a lawyer, and a businessman who were inspired by the legend of Mansa Musa, the 14th-century king of Mali famed for his gold, and set out for West Africa to hunt for the metal. The name IAMGOLD comes from its original title, International African Mining Gold Corporation.
IAMGOLD closes sale of 35% Bambadji JV interest to Fortuna for ~$70M
The transaction generated approximately $70 million in cash proceeds to IAMGOLD, before taxes and transaction costs.
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IAMGOLD completed the sale of its indirect 35% interest in the Bambadji Joint Venture and its Bambadji Sud exploration permit in Senegal to Fortuna Mining Corp.
Total consideration to the joint venture partners (Barrick and IAMGOLD) includes $200 million in cash on closing and a 0.5% net smelter return royalty capped on the first 1.75 million ounces of gold produced from the Bambadji permit.
IAMGOLD retains its proportionate share of the NSR royalty.
The divestiture monetizes a non-core exploration asset and supports IAMGOLD's focus on its operating and development portfolio.
IAMGOLD reports Q2 2026 results with record gold production and strong financial performance
Attributable gold production was 188,100 ounces in Q2 2026, with year-to-date production of 371,700 ounces, on track to meet full-year guidance of 720,000-820,000 ounces.
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Revenues totaled $856.9 million in Q2 2026, with an average realized gold price of $4,384 per ounce.
Adjusted EBITDA was $507.3 million in Q2 2026, and net earnings attributable to equity holders were $230.5 million ($0.40 per share).
The company repurchased $147.9 million of shares in Q2 2026 and repaid the remaining $100 million balance of its credit facility.
Côté Gold's consolidated Measured and Indicated Mineral Resources increased to 20.3 million ounces, with an updated technical report expected in Q4 2026.
IAMGOLD reports Q2 2026 net earnings of $230.5M on revenue of $856.9M
Attributable gold production was 188,100 ounces in Q2 2026, with 371,700 ounces year-to-date, on track for full-year guidance of 720,000-820,000 ounces.
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Q2 2026 revenues totaled $856.9 million from sales of 195,100 ounces at an average realized gold price of $4,384 per ounce.
Net earnings attributable to equity holders were $230.5 million ($0.40 per share) in Q2 2026, compared to $78.7 million ($0.14 per share) in Q2 2025.
The company repurchased 8.6 million shares for $147.9 million in Q2 2026 and repaid the remaining $100 million balance of its credit facility.
Essakane declared a 2026 dividend of approximately $500 million, with IAMGOLD's share net of taxes expected to be about $400 million.
IAMGOLD amends and restates credit facility, increasing it to US$850 million and extending maturity by four years.
The agreement amends certain restrictive covenants and includes other modifications to the existing credit agreement.
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IAMGOLD Corporation entered into a Third Amended and Restated Credit Agreement dated June 17, 2026, increasing its revolving credit facility from US$650 million to US$850 million.
The maturity date of the facility was extended for four years following the effective date of the agreement.
National Bank of Canada serves as Administrative Agent, with National Bank of Canada Capital Markets and Royal Bank of Canada as co-lead arrangers and joint bookrunners.
The facility is provided by a syndicate of lenders including Bank of Montreal, Canadian Imperial Bank of Commerce, and The Bank of Nova Scotia as documentation agents.
IAMGOLD increases revolving credit facility to $850M and extends maturity to 2030
IAMGOLD amended its senior secured revolving credit facility, increasing commitments from $650 million to $850 million.
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The maturity date was extended to June 17, 2030, from December 20, 2028.
The facility includes an accordion feature of up to $250 million, subject to lender approval, and remains undrawn.
Interest rate pricing improved to SOFR plus 1.875% to 2.875%, down from 2.75% to 3.75%, with a widened pricing grid and increased leverage covenant to 4.0x.
National Bank of Canada acted as administrative agent, with National Bank Capital Markets and RBC Capital Markets as Co-Lead Arrangers and Joint Bookrunners.
IAMGOLD updates Côté Gold mineral resources to 20.3Moz M&I, up 12%
Consolidated Measured and Indicated resources at Côté Gold increased 12% to 20.3 million ounces of gold as of March 31, 2026.
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The updated estimate integrates the Côté and Gosselin zones into a single block model with a gold price assumption of $2,500/oz and a cut-off grade of 0.25 g/t Au.
Inferred resources rose 61% to 3.5 million ounces, including 0.6 million new ounces in the saddle area between the zones.
The estimate will inform a Côté Gold technical report and updated mine plan expected in Q4 2026, evaluating a plant expansion.
IAMGOLD operates Côté Gold in a 70/30 joint venture with Sumitomo Metal Mining Co. Ltd.