Canadian-based IAMGOLD said the processing plant at the Côté Gold mine in northeastern Ontario has operated at nameplate capacity of 36,000 tonnes per day on average over 30 consecutive days.
“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,” said Renaud Adams, president and CEO of IAMGOLD.
“The achievement confirms our confidence in the Côté Gold production guidance of 360,000 to 400,000 ounces on a 100% basis, with costs expected to decline through the year. Further, 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.”
First gold pour at Côté Gold was completed on March 31, 2024, and commercial production was achieved on August 1, 2024. The mine is operated as a joint venture between IAMGOLD (70%) and Sumitomo Metal Mining (30%).
Source: IAMGOLD