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Iamgold output trending towards upper-end of guidance range

19th October 2021

By: Mariaan Webb

Creamer Media Senior Deputy Editor Online

     

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Canadian miner Iamgold has produced 153 000 oz of gold in the third quarter, with strong results from Essakane, in Burkina Faso, and output from Rosebel, in Suriname, in line with its updated plan.

Production at Westwood, in Canada, was lower-than-planned at 7 000 oz.

Essakane produced 106 000 oz in the quarter and Rosebel produced 40 000 oz.

Year-to-date attributable output was 448 000 oz.

CEO Gordon Stothart commented in a statement that the group's attributable production was trending towards the upper-end of its guidance range of 565 000 oz to 605 000 oz.

"Production at Westwood was lower than plan, although underground mine productivity is improving while we continue to prioritize implementing safety measures as part of the business recovery plan. The teams continue to respond and adapt successfully to the challenges we experienced in the first half of the year."

Edited by Creamer Media Reporter

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