IAMGOLD Q2 Adj. EPS $0.42; Production 188,100 oz; Reaffirms FY Guidance
IAMGOLD Corporation reported strong financial and operating results for the second quarter ended June 30, 2026. The company achieved an adjusted net earnings per share of $0.42 and attributable gold production of 188,100 ounces, keeping it on track for its full-year guidance. Operational improvements at Côté Gold, including a conveyor belt replacement and second cone crusher commissioning, are expected to boost production and reduce costs in the second half. The company also strengthened its balance sheet, reaching a net cash position and increasing its credit facility, while returning nearly $150 million to shareholders through its buyback program. Additionally, Côté Gold's Mineral Resources significantly expanded, with an updated technical report expected in Q4 2026 outlining plans for increased processing rates and extended mine life.