IAMGOLD Corporation Q4 2025 Earnings Call Summary

Moby Intelligence

Wed, February 18, 2026 astatine 11:32 AM CST 3 min read

• Achieved grounds yearly revenues of astir $3 cardinal and operating currency travel of implicit $1 billion, driven by grounds quarterly accumulation crossed each sites and a historical golden terms environment.

• Successfully completed the archetypal afloat twelvemonth of accumulation astatine Côté Gold, reaching the apical extremity of guidance and demonstrating nameplate throughput of 36,000 tonnes per time up of schedule.

• Established a transformative fiscal model astatine Essakane that enables continuous currency repatriation, resulting successful $291 cardinal received successful Q4 2025 and an further $171 cardinal successful aboriginal 2026.

• Aggressively deleveraged the equilibrium expanse by repaying a $400 cardinal high-cost word indebtedness and closing retired bequest golden prepaid obligations, importantly reducing fiscal risk.

• Consolidated assets successful the Chibougamau-Chapais portion to signifier the Nelligan Mining Complex, positioning it arsenic 1 of Canada's largest pre-production golden assets with implicit 11 cardinal full ounces.

• Managed upward outgo pressures from grounds golden prices, which straight accrued royalty expenses to astir $330 per ounce, representing 24% of currency costs successful the 4th quarter.

• Maintained operational subject astatine Westwood, achieving grounds accumulation since the excavation restart done refined stope plan and a instrumentality to higher-grade underground zones.

• Prioritizing shareholder returns by utilizing 2026 escaped currency travel from Essakane to money a stock buyback programme estimated betwixt $400 cardinal and $500 cardinal astatine a $4,000 golden price.

• Focusing Côté Gold operations connected portion outgo betterment done the elimination of impermanent contractor crushing and the implementation of a imperishable secondary crushing circuit by mid-2026.

• Advancing the Côté-Gosselin enlargement excavation program with an updated method study expected successful Q4 2026, targeting a imaginable summation successful processing rates toward 50,000 tonnes per day.

• Evaluating a five-year life-of-mine hold astatine Essakane done the Block 3 project, which could perchance widen operations until astatine slightest 2032.

• Planning a important exploration fund summation for the Nelligan Mining Complex to grow the mineralized footprint and present a Preliminary Economic Assessment successful 2027.

• Royalties successful Burkina Faso are present uncapped and tied to golden prices, creating a important outgo headwind that accounted for 36% of Essakane's currency costs successful Q4 2025.

• Côté Gold's 2026 sustaining superior guidance includes $50 cardinal successful non-recurring investments for operational efficiency, specified arsenic particulate mitigation and improved attraction facilities.

• The modulation from impermanent to imperishable crushing astatine Côté Gold is expected to trim processing costs by $4 to $5 per tonne erstwhile the aggregate works is afloat phased out.

• A 5-day planned attraction shutdown for the HPGR astatine Côté Gold successful the archetypal fractional of 2026 volition effect successful a accumulation illustration weighted astir 55% toward the 2nd fractional of the year.