IAMGOLD delivered a strong third quarter in 2025, driven by record gold production at its Côté Gold Mine and an increase in average realized gold prices. The company significantly strengthened its financial position through substantial debt repayments and announced a share buyback program, while continuing to advance strategic growth initiatives and maintain a focus on operational excellence and safety.
IAMGOLD reported revenues of $477.1 million and net earnings of $39.7 million for Q1 2025. The Côté Gold mine, which commenced production in March 2024, significantly contributed to gold production and sales, leading to a substantial increase in overall revenues compared to the prior year. The company's average realized gold price also saw a notable increase.
IAMGOLD posted strong Q4 2024 results, reporting $469.9 million in revenue, driven by increased gold production at Westwood and the ramp-up at Côté Gold. Net earnings improved to $86.2 million, while adjusted EBITDA reached $215.4 million. The company continues to optimize production and cost efficiency across its mines.