All monetary amounts are expressed in U.S. dollars, unless otherwise indicated.
Toronto, Ontario--(Newsfile Corp. - October 7, 2024) - IAMGOLD Corporation (TSX: IMG) (NYSE: IAG) ("IAMGOLD" or the "Company") today shared an update on its operations in Burkina Faso in response to media reports following a radio interview that occurred on Saturday, October 5, 2024 with President Traoré of Burkina Faso.

President Traoré spoke on Radio Burkina to commemorate the two-year anniversary of his Presidency. During the interview, the President discussed several topics including corruption, security, transport, agriculture and mining, including a reference to the possible withdrawal of certain mining permits for companies operating in violation of the laws of Burkina Faso.

IAMGOLD is not aware of any potential challenge to, or withdrawal of, its permits for the Essakane mine, which continues to operate in compliance with them.

IAMGOLD continues to have a constructive and positive working relationship with the government, demonstrated by our respective coordination and partnerships on security and serving our local communities. Last month, the company received its 2024 dividend which was approved earlier in the year by the government. Essakane continues its impressive track record of safety, with attributable production this year expected to be between 380,000 to 410,000 ounces at cash costs of $1,175 to $1,275 per ounce.

About IAMGOLD

IAMGOLD is an intermediate gold producer and developer based in Canada with operating mines in North America and West Africa. The Company has commenced production at the large-scale, long life Côté Gold Mine in partnership with Sumitomo Metal Mining Co. Ltd., which is expected to be among the largest gold mines in Canada. In addition, the Company has an established portfolio of early stage and advanced exploration projects within high potential mining districts. IAMGOLD employs approximately 3,600 people and is committed to maintaining its culture of accountable mining through high standards of Environmental, Social and Governance practices, including its commitment to strive for the goal of Zero Harm®, in every aspect of its business. IAMGOLD is listed on the New York Stock Exchange (NYSE: IAG) and the Toronto Stock Exchange (TSX: IMG).