IAMGOLD Expects 2026 Côté Gold Output at Lower End of Guidance
Bitget2026/10/21 20:49- IAMGOLD expects 2026 attributable Côté Gold production at the lower end of its 270,000–310,000-ounce guidance range.
- Third-quarter attributable production totaled 64,400 ounces on a 70% ownership basis, bringing year-to-date output to 184,000 ounces.
- Gold recovery fell to 90% from 93% in the previous quarter, reflecting downtime at one of the plant’s two Vertimills.
- September plant throughput averaged a record 37,100 metric tons daily, exceeding nameplate capacity of 36,000 metric tons.
- An updated mine plan due in the fourth quarter will target expanded reserves, longer mine life and processing of approximately 40,000 metric tons daily.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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