Business
IAMGOLD Appoints Executive Project Director for Cote Gold and Announces Senior Management Update
Toronto, Ontario--(Newsfile Corp. - December 22, 2021) - IAMGOLD Corporation (TSX: IMG) (NYSE:...
About this update from Iamgold Corporation
[{"type":"text","content":"IAMGOLD Appoints Executive Project Director for Cote Gold and Announces Senior Management UpdateToronto, Ontario--(Newsfile Corp. - December 22, 2021) - IAMGOLD Corporation (TSX: IMG) (NYSE: IAG) (\"IAMGOLD\" or the \"Company\") announces the appointment of Jerzy Orzechowski as Executive Project Director for the Côté Gold construction project (\"Côté Gold\") in Northeastern Ontario. The Company also announces that Daniella Dimitrov has taken on an expanded role on the senior management team, assuming responsibility for strategy and corporate development while she continues in her previous roles as Chief Financial Officer and Executive Vice President. \"On behalf of IAMGOLD's Board of Directors and management team, I welcome Jerzy to the role of Executive Project Director for Côté Gold and Daniella to her expanded responsibilities,\" said Gordon Stothart, President and Chief Executive Officer of IAMGOLD. \"It is an exciting time for our company as we look to ensure that our portfolio of assets is optimized as we progress with the delivery of Côté Gold - which will be a long-life, low-cost, tier 1 asset that is expected to deliver an average of 316,600 ounces of gold annually to IAMGOLD at life of mine all-in sustaining costs of $802 per ounce - paving the way for IAMGOLD to achieve its goal of becoming a leading high-margin gold producer. \"Jerzy's appointment is effective immediately and follows his full review of the project. His wealth of experience with large projects will be invaluable in bringing Côté from construction to production. The management of the project will report to Jerzy and he will report directly to the CEO and will be involved in the oversight of the project by the Côté Oversight Committee of the Board. His appointment reinforces the Company's dedication to ensure that the Côté Gold project is delivered as a model for Canadian mining for many years to come.\"Mr. Orzechowski is a senior executive specializing in project development, management, engineering, construction and strategic planning with 40 years of experience working in various project execution strategies (EPC, EPCM, joint ventures, turn-key) and in all phases of large capital projects implementation and execution. He was most recently responsible for project organization, struc...