IAMGold reports preliminary FY24 attributable gold production of 667,000 ounces

IAMGOLD (IAG) announced preliminary fourth quarter and full year 2024 operating results. 2024 attributable gold production of 667,000 ounces achieving the mid-point of the Company’s 2024 production guidance which was increased mid-year. Both Essakane and Westwood achieved the top end of their production estimates. Cash costs and AISC for Essakane and Westwood are expected to be towards the lower end of the 2024 guidance ranges of $1,175 and $1,275 per ounce sold and $1,700 and $1,825 per ounce sold. The guidance was lowered mid-year following the strong production achieved during the first half of 2024 at both assets. Record revenues expected with annual gold sales of 654,000 ounces on an attributable basis at an average realized gold price of approximately $2,326 per ounce. IAMGOLD to report year-end financial results on February 20, 2025, after market close.