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IAMGOLD Reports 2021 Attributable Reserves of 12.4 Million Ounces and Attributable M&I Resources of 22.1 Million Ounces
All amounts are in US dollars, unless otherwise indicated. Measured and indicated resources a...
About this update from Iamgold Corporation
[{"type":"text","content":"IAMGOLD Reports 2021 Attributable Reserves of 12.4 Million Ounces and Attributable M&I Resources of 22.1 Million OuncesAll amounts are in US dollars, unless otherwise indicated.Measured and indicated resources are quoted inclusive of proven and probable reserves for all sites and projects.Toronto, Ontario--(Newsfile Corp. - February 23, 2022) - IAMGOLD Corporation (NYSE: IAG) (TSX: IMG) (\"IAMGOLD\" or the \"Company\") announces its updated Mineral Reserves and Mineral Resources (\"MRMR\") statement as of December 31, 2021 prepared in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects (\"NI 43-101\"). A complete MRMR table (Table 6) including a detailed by-asset breakdown can be found at the end of this news release, with a summary of year over year changes as follows:TABLE 1: ATTRIBUTABLE MRMR COMPARISON SUMMARY1202032021▲Tonnes(000s)Grade(g/t)Contained Ounces(000s)Tonnes(000s)Grade(g/t)Contained Ounces(000s)Contained Ounces (000s)%P&P reserves406,7551.113,937364,8311.112,392-1,545-11%M&I resources2712,9481.023,910646,5221.122,103-1,807-8%Inferred resources314,4791.111,268310,5331.111,085-183-2% Footnotes from the Mineral Reserves and Mineral Resources statement in Table 6: Mineral Reserves and Mineral Resources of Gold Operations as of December 31, 2021 apply. M&I Mineral Resources are inclusive of Mineral Reserves.2020 Mineral Reserves estimated as of December 31, 2020, using a gold price of $1,200 per ounce for Essakane, Rosebel, Saramacca, Westwood, Côté Gold Project and the Boto Gold Project, and a gold price of $1,350 per ounce for the Grand Duc satellite pit at Westwood. Mineral Resources estimated as of December 31, 2020, using a gold price of $1,500 per ounce for the Côté Gold Project, Boto Gold Project, Diakha-Siribaya Gold Project, Pitangui Project, Gossey deposit, Monster Lake Project, Essakane, Rosebel, and Saramacca, and $1,200 per ounce using a 5.5 g/t Au cut-off over a minimum width of 2.4 metres for Westwood.Mineral ReservesTABLE 2: ATTRIBUTABLE RESERVES RECONCILIATIONContained Ounces (000s)% ▲Reserves (December 31, 2020)13,937-Revisions to economic parameters1-782-6%2021 mine depletion-617-4%Adjustments to ore stockpiles-42< -1%Other adjustments (drilling, additions, etc.)-104-1%Reserves (December 31, 2021)212,392-11%&...