The processing plant at IAMGOLD Corporation’s flagship Côté Gold Mine in Ontario has reached sustained nameplate capacity of 36,000 tonnes per day (tpd) over a continuous 30-day period, marking a critical step in the mine’s ramp-up phase and confirming the operational performance of one of Canada’s largest gold mining projects.

President & CEO Renaud Adams praised the accomplishment, highlighting the dedication and resilience of the Côté Gold teams. “I would like to congratulate our Côté Gold teams, who demonstrated remarkable determination and commitment to bring Côté Gold online and advance it to nameplate throughput rate within 15 months,” Adams stated. “To bring a gold project from first gold to the design nameplate rate within this timeframe, while ensuring a safe workplace for all, exemplifies the commitment to excellence and accountability that is at the core of IAMGOLD today.”

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The company mentioned that the journey to this achievement has been marked by steady progress. In March, the processing plant averaged 90% of nameplate capacity for the month, increasing to 96% over 30 days in April. This consistent improvement set the stage for the current milestone, strengthening IAMGOLD’s confidence in its 2025 production guidance of 360,000 to 400,000 ounces (100% basis). The company also anticipates declining costs as the year progresses.

IAMGOLD is optimistic about further enhancements at Côté Gold. “We are excited at the opportunities the installation of the second cone crusher will bring, including improving plant availability and maintenance cycles, while providing potential for further throughput increases,” Adams added.