-
Posted by
Two Blokes May 8 -
Filed in
Stock
-
3 views
IAMGOLD is transforming its business with the ramp-up of Côté Gold, a long-life, low-cost mine expected to double the company's production and shift its portfolio toward safer jurisdictions. Gold prices remain above $2,300 per ounce in 2025, creating a strong macro backdrop for IAMGOLD to expand margins, generate cash flow, and unlock value from newly producing assets. IAMGOLD reported 161,000 ounces of attributable production in Q1 2025, up 7% YoY, driven by Côté Gold's contribution and strong gold price realizations near record highs.
