News & Events zu IAMGOLD Corp (IAG)IAGIAMGOLD Corp

Cote Gold Production Reaches 64,400 Ounces in Q3 2026

The company states: "Cote Gold production in the third quarter 2026 was 64,400 ounces on a 70% basis (92,000 ounces 100%) and 184,000 attributable ounces year to date (262,900 ounces 100%). Production at Cote is expected to be higher in the fourth quarter of the year, driven by higher grades from mine sequencing and increased processing rates. Cote Gold attributable production in 2026 is expected to be at the lower end of the guidance range of 270,000 to 310,000 ounces (390,000 to 440,000 ounces 100%). Mining activity totaled a quarterly record of 12.4 million tonnes, including a single-day record of 225,000 tonnes mined ex-pit on August 10. The strip ratio of 2.3:1 reflected higher capital stripping as the pit pushback advanced. Mill throughput totaled 2.9 million tonnes in the quarter, reflecting an extended annual shutdown in August and the transition to owner-only crushing. In September, the plant averaged a record 37,100 tonnes per day ("tpd"), totaling 1.1 million tonnes, above nameplate capacity of 36,000 tpd. The Company expects to announce an updated Cote Gold mine plan and Mineral Reserve estimate in the fourth quarter of 2026, which will be included in a subsequent Technical Report shortly thereafter. The updated mine plan is expected to demonstrate a significant expansion of Mineral Reserves and life of mine, while outlining near-term opportunities to progressively increase plant throughput beyond the current nameplate, through further debottlenecking and targeted plant improvements, to support sustained processing rates of approximately 40,000 tpd."

IAMGOLD Completes Sale of 35% Interest in Bambadji Joint Venture

IAMGOLD (IAG) announced the completion of the sale of its indirect 35% interest in the Bambadji Joint Venture and its attributable interest in the Bambadji Sud exploration permit in Senegal to Fortuna Mining (FSM) as part of a transaction that generated approximately $70M in cash proceeds to IAMGOLD, before taxes and transaction costs. The divestiture monetizes a non-core exploration asset and supports IAMGOLD's continued focus on its existing operating and development portfolio. The Bambadji JV controls the Bambadji and adjacent Bambadji Sud exploration permits located in the Kedougou region of southeastern Senegal, approximately 850 kilometres southeast of Dakar along the border with Mali. Total consideration payable by Fortuna to the joint venture partners, Barrick Mining (B) and IAMGOLD, on a combined 100% basis consists of: $200M in cash payable on closing; and a 0.5% net smelter return royalty, capped on the first 1.75M ounces of gold produced from the Bambadji permit. The Bambadji JV was originally governed by a joint venture agreement dated May 23, 2016 between subsidiaries of IAMGOLD (35%) and Barrick (65%). IAMGOLD's attributable share of the cash consideration is approximately $70M, before Senegalese capital gains taxes and transaction costs, with the company also retaining its proportionate share of the NSR royalty.

Cabaletta Bio Borrow Rate Increases to 4.23%

Latest data shows the largest indicative borrow rate increases among liquid option names include: Cabaletta Bio (CABA) 4.23% +1.87, Tradr 2X Long IREN Daily ETF (IREX) 23.52% +1.55, Li Auto (LI) 2.49% +1.40, ProShares UltraPro Short S&P 500 (SPXU) 15.54% +0.90, ProShares Ultra VIX Short Term Futures (UVXY) 5.83% +0.41, New Era Energy & Digital Inc (NUAI) 25.61% +0.23, ProShares Short VIX Short Term Futures (SVXY) 1.82% +0.20, PROSHARES ULTRA BITCOIN ETF (BITU) 1.47% +0.19, Standard Lithium (SLI) 1.80% +0.18, and IAMGOLD (IAG) 0.42% +0.17.