Toronto, Ontario — January 19, 2026 — Leads & Copy — IAMGOLD Corporation (TSX: IMG) (NYSE: IAG) has released its preliminary operating results for the fourth quarter and full year 2025, and is providing operating guidance for 2026 ahead of the upcoming Côté Gold mine expansion study.
In 2025, IAMGOLD achieved attributable gold production of 765,900 ounces, within its guidance range of 735,000 to 820,000 ounces. Annual gold sales reached 817,800 ounces at an average realized gold price of approximately $3,480 per ounce. Fourth quarter gold sales were 259,000 ounces at an average realized gold price of approximately $4,190 per ounce.
Côté Gold’s annual attributable gold production was 279,900 ounces in its first full year of operations, achieving the top end of the guidance range. In Q4 2025, Côté Gold produced 87,200 attributable ounces, its highest quarterly production. Mining activity totaled 11.1 million tonnes, with a record of 4.5 million tonnes of ore mined, averaging 1.04 grams per tonne of gold. Mill throughput totaled 2.9 million tonnes with average head grades of 1.44 g/t Au and recoveries of 94%. The installation of the additional secondary crusher was completed in November and commissioned in December.
Westwood’s annual gold production was 113,900 ounces, below the guidance range. In the fourth quarter, the operation achieved its highest quarter of gold production on record, totaling 37,900 ounces. Underground mining activities averaged 1,139 tpd, translating to 105,000 tonnes in the quarter, a record volume from underground since the mine restart, with an average underground head grade of 9.87 g/t Au. Mill throughput in the fourth quarter was 299,000 tonnes at a blended average head grade of 4.21 g/t Au and recoveries of 93%.
Essakane’s annual attributable gold production was 372,100 ounces, achieving production within the attributable guidance range. In the fourth quarter, Essakane achieved record production of 138,100 ounces, or 117,300 ounces on an attributable basis due to strong head grades. Mining activities totaled 9.4 million tonnes that includes 4.1 million tonnes of ore mined due to a low strip ratio of 1.3:1 in the quarter. Mill throughput totaled 3.2 million tonnes with strong head grades of 1.50 g/t Au and recoveries of 88%.
Cash costs are expected to be at the top end of the 2025 guidance range of $1,375 and $1,475 per ounce sold, and AISC are expected to approximate the mid-point of the 2025 guidance range of $1,830 and $1,930 per ounce sold.
Looking ahead to 2026, IAMGOLD projects attributable gold production of 720,000 to 820,000 ounces. Operations at Côté Gold will focus on sustainable operations at nameplate operating rates ahead of the expansion plans. Cash costs, excluding royalties, are expected to average $1,100 to $1,250 per ounce sold. Including royalties, cash costs are expected to average $1,425 to $1,575 per ounce sold.
Sustaining capital expenditures are projected to be approximately $380 million ±5%. Expansion capital expenditures are expected to total $120 million ±5%.
Renaud Adams, President and CEO of IAMGOLD, commended the operations teams for their record fourth quarter results. He noted the focus on unit cost improvement at Côté Gold and the comprehensive exploration program planned for the Nelligan Mining Complex.
IAMGOLD will release its fourth quarter and full year 2025 operating and financial results after market hours on Tuesday, February 17, 2026. Senior management will host a conference call to discuss the operating performance and financial results on Wednesday, February 18, 2026.
IAMGOLD is an intermediate gold producer and developer based in Canada with operating mines in North America and West Africa. IAMGOLD operates Côté Gold in partnership with Sumitomo Metal Mining Co. Ltd.
Graeme Jennings, Vice President, Investor Relations can be reached at Tel: 416 360 4743 | Mobile: 416 388 6883 or via email at info@iamgold.com.
Source: IAMGOLD
