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IAMGOLD reduces guidance, flags US$250M cost escalation at Cote

IAMGOLD has reported a fall in production in the June quarter, reduced its production guidance and increased its costs guidance for 2021 as well as lifting costs for its Cote gold project in Quebec, Canada.

IAMGOLD reduces guidance, flags US$250M cost escalation at Cote IAMGOLD reduces guidance, flags US$250M cost escalation at Cote IAMGOLD reduces guidance, flags US$250M cost escalation at Cote IAMGOLD reduces guidance, flags US$250M cost escalation at Cote IAMGOLD reduces guidance, flags US$250M cost escalation at Cote

Tough times at IAMGOLD's Rosebel in Suriname

The company said production in the quarter fell 12.3% to 136,000 ounces in the both the prior year period and the March quarter.