# IAMGOLD Reports Preliminary 2025 Operating Results & 2026 Guidance Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/iamgold-reports-preliminary-2025-operating-results-2026-guidance--67941e88-0d4f-4cdf-bf70-dedaedb6f7fb Original source: https://money.tmx.com/en/quote/IMG/news/4879188493916241/iamgold-reports-preliminary-2025-operating-results-2026-guidance Publisher: tmx Original announcement: 2026-01-19T12:00:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: IAMGOLD Corporation - Ticker: IMG - Exchange: TSX - Region: Unavailable - Primary commodity: Gold - Secondary commodities: None reported - Document categories: Production, Metallurgy - Extracted: 2026-09-12 07:20:14 UTC Narrative sentiment: 0.70 · Bullish ## Minestarters Atlas summary IAMGOLD Corporation reported preliminary strong operating results for Q4 and full year 2025, achieving the mid-point of its production guidance with record quarterly production across all operations, notably Côté Gold. The company also issued 2026 guidance, projecting attributable gold production of 720,000 to 820,000 ounces, with a focus on optimizing Côté Gold operations and advancing expansion plans. Exploration activities are set to increase significantly, particularly at the Nelligan Mining Complex. Reasoning: IAMGOLD reported strong preliminary operating results for 2025, meeting consolidated production guidance and achieving record quarterly production at all sites. The company provided robust 2026 guidance, emphasizing optimization and expansion at Côté Gold, alongside a substantial increase in exploration spending, particularly at the Nelligan Mining Complex. - Positive factor: Achieved mid-point of 2025 production guidance - Positive factor: Record quarterly production at all operations in Q4 2025 - Positive factor: Côté Gold achieved top end of its 2025 guidance targets - Positive factor: Strong 2026 production guidance across the portfolio - Positive factor: Focus on optimization and expansion plans for Côté Gold - Positive factor: Significant increase in exploration budget for Nelligan Mining Complex - Negative factor: Westwood 2025 production was below its guidance range - Negative factor: 2025 Cash costs expected at the top end of the guidance range Low confidence — this extraction should be reviewed alongside the original source. Facts used in scoring: 92 ## Classification and evidence **Production Guidance** Polarity: positive Story-specific tag Definition: No canonical definition is currently available. Why it applies: The document provides detailed production targets for 2026 across all operations and consolidated. Evidence · text > IAMGOLD Reports Preliminary 2025 Operating Results & 2026 Guidance **Record Production** Polarity: positive Story-specific tag Definition: No canonical definition is currently available. Why it applies: The company reported record quarterly production at all of its operations in Q4 2025. Evidence · text > record quarterly production at all of its operations **Exploration Budget Increase** Polarity: positive Story-specific tag Definition: No canonical definition is currently available. Why it applies: The company is substantially increasing its exploration budget to $25 million for the Nelligan Mining Complex in 2026. Evidence · text > substantially increasing our budget to $25 million for a comprehensive exploration program **Guidance Achieved** Polarity: positive Story-specific tag Definition: No canonical definition is currently available. Why it applies: 2025 attributable gold production of 765,900 ounces achieved the mid-point of the Company's 2025 production guidance. Evidence · text > 2025 attributable gold production of 765,900 ounces achieving the mid-point of the Company's 2025 production guidance **Guidance Missed** Polarity: negative Story-specific tag Definition: No canonical definition is currently available. Why it applies: Westwood's annual gold production for 2025 was below the guidance range of 125,000 to 140,000 ounces. Evidence · text > Westwood Complex Annual gold production for Westwood was 113,900 ounces coming in, as noted in the prior quarter, below the guidance range of 125,000 to 140,000 ounces. **Cost Guidance at High End** Polarity: negative Story-specific tag Definition: No canonical definition is currently available. Why it applies: Cash costs for 2025 are expected to be at the top end of the guidance range of $1,375 and $1,475 per ounce sold. Evidence · text > Cash costs 1 are expected to be at the top end of the 2025 guidance range of $1,375 and $1,475 per ounce sold **Resource Update** Polarity: neutral Story-specific tag Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: The document mentions the Nelligan Mining Complex's mineral inventory of over 3.7 million Measured and Indicated ounces and 8 million Inferred ounces. Evidence · text > significant mineral inventory of over 3.7 million Measured and Indicated ounces and 8 million Inferred ounces ## Extracted facts Stored fact records: 6. Some facts used in scoring do not have a stored record. ## Metallurgical Results (6) ### Fact 1 [Link to this fact](https://atlas-extractions.minestarters.com/news/iamgold-reports-preliminary-2025-operating-results-2026-guidance--67941e88-0d4f-4cdf-bf70-dedaedb6f7fb#fact-metallurgical-facts-3) Côté Gold · gold #### Identity - Project: Côté Gold - Commodity: gold - Ticker: IMG #### Recovery - Recovery: 94 % #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-01-19T00:00:00.000Z Reasoning: Côté Gold maintained a high gold recovery rate of 94% in Q4 2025, supporting efficient metal extraction. - Positive factor: High gold recovery rate Evidence · table > 94% Context: Gold recovery ### Fact 2 [Link to this fact](https://atlas-extractions.minestarters.com/news/iamgold-reports-preliminary-2025-operating-results-2026-guidance--67941e88-0d4f-4cdf-bf70-dedaedb6f7fb#fact-metallurgical-facts-7) Westwood · gold #### Identity - Project: Westwood - Commodity: gold - Ticker: IMG #### Recovery - Recovery: 93 % #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-01-19T00:00:00.000Z Reasoning: Westwood maintained a high gold recovery rate of 93% in Q4 2025. - Positive factor: High gold recovery rate Evidence · table > 93% Context: Gold recovery ### Fact 3 [Link to this fact](https://atlas-extractions.minestarters.com/news/iamgold-reports-preliminary-2025-operating-results-2026-guidance--67941e88-0d4f-4cdf-bf70-dedaedb6f7fb#fact-metallurgical-facts-11) Essakane · gold #### Identity - Project: Essakane - Commodity: gold - Ticker: IMG #### Recovery - Recovery: 88 % #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-01-19T00:00:00.000Z Reasoning: Essakane reported a gold recovery rate of 88% in Q4 2025. Evidence · table > 88% Context: Gold recovery ### Fact 4 [Link to this fact](https://atlas-extractions.minestarters.com/news/iamgold-reports-preliminary-2025-operating-results-2026-guidance--67941e88-0d4f-4cdf-bf70-dedaedb6f7fb#fact-metallurgical-facts-17) Côté Gold · gold #### Identity - Project: Côté Gold - Commodity: gold - Ticker: IMG #### Recovery - Recovery: 93 % #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-01-19T00:00:00.000Z Reasoning: Côté Gold maintained a high gold recovery rate of 93% for the full year 2025. - Positive factor: High gold recovery rate Evidence · table > 93% Context: Gold recovery ### Fact 5 [Link to this fact](https://atlas-extractions.minestarters.com/news/iamgold-reports-preliminary-2025-operating-results-2026-guidance--67941e88-0d4f-4cdf-bf70-dedaedb6f7fb#fact-metallurgical-facts-21) Westwood · gold #### Identity - Project: Westwood - Commodity: gold - Ticker: IMG #### Recovery - Recovery: 92 % #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-01-19T00:00:00.000Z Reasoning: Westwood maintained a high gold recovery rate of 92% for the full year 2025. - Positive factor: High gold recovery rate Evidence · table > 92% Context: Gold recovery ### Fact 6 [Link to this fact](https://atlas-extractions.minestarters.com/news/iamgold-reports-preliminary-2025-operating-results-2026-guidance--67941e88-0d4f-4cdf-bf70-dedaedb6f7fb#fact-metallurgical-facts-25) Essakane · gold #### Identity - Project: Essakane - Commodity: gold - Ticker: IMG #### Recovery - Recovery: 90 % #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-01-19T00:00:00.000Z Reasoning: Essakane maintained a high gold recovery rate of 90% for the full year 2025. - Positive factor: High gold recovery rate Evidence · table > 90% Context: Gold recovery ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.