Slide 1: First Quarter 2024 Conference Call
Q1 2024 RESULTS CONFERENCE CALL TSX: IMG l NYSE: IAG l www.iamgold.com FIRST QUARTER 2024 CONFERENCE CALL May 2024
Slide 2: Cautionary Statement
Q1 2024 RESULTS CONFERENCE CALL Cautionary Statement CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION All information included or incorporated by reference in this presentation, including any information as to the Company’s future financial or operating performance and other statements tha
Slide 3: Technical Information and Qualified Persons
Q1 2024 RESULTS CONFERENCE CALL Technical Information and Qualified Persons CAUTIONARY NOTE TO U.S. INVESTORS REGARDING DISCLOSURE OF MINERAL RESERVE AND MINERAL RESOURCE ESTIMATES The mineral resource and reserve estimates contained in this news release have been prepared in accordance with NI 43-1
Slide 4: Overview
Q1 2024 RESULTS CONFERENCE CALL Overview BUILDING A LEADING, MODERN CANADIAN-FOCUSED MULTI-ASSET PRODUCER • Côté Gold: Canada’s next large-scale mine poured first gold in March 2024, will be a model for modern mining in Canada • Essakane: 6th largest gold mine in West Africa, leader in the community
Slide 5: Q1 Highlights
Q1 2024 RESULTS CONFERENCE CALL Q1 Highlights OPERATING RESULTS (continuing ops) 2024 Q1 2024 Q1 2023 GUIDANCE CÔTÉ GOLD Essakane (90%) koz 118 92 330 – 370 First gold achieved on March 31, 2024 Westwood (100%) koz 32 21 100 – 120 • On track for goal of achieving commercial production in Q3 2024 Sub
Slide 6: Financial Results: Liquidity
Q1 2024 RESULTS CONFERENCE CALL Financial Results Cash: $2 LIQUIDITY (as at March 31, 2024) 91 .2 Cash and equivalents of $291.2 million and total liquidity1 of $693.8 million M • $76.4 million of cash and equivalents held by Côté Gold70%, $99.7 million held by Essakane • Remaining Bambouk transacti
Slide 7: Financial Results
Q1 2024 RESULTS CONFERENCE CALL Financial Results FINANCIAL HIGHLIGHTS – continuing operations (In $ millions, unless otherwise stated) Q1 2024 Q1 2023 Q1 FINANCIAL REVIEW Revenues $338.9 $226.2 Gold revenues of $338.9 million from sales of 163,000 ounces (150,000 ounces attributable) at Gross profi
Slide 8: Operations
Q1 2024 RESULTS CONFERENCE CALL Operations 8
Slide 9: Essakane
Q1 2024 RESULTS CONFERENCE CALL Essakane (100% basis, unless otherwise stated) Ore mined kt Q1 2024 3,458 Q1 2023 1,657 Material mined – total kt 11,340 6,285 Q1 2024 OPERATIONAL REVIEW Strip ratio w:o 2.3 2.8 Attributable production of 118,000 ounces in Q1 is a new quarterly record Ore milled kt 3,
Slide 10: Westwood Complex
Q1 2024 RESULTS CONFERENCE CALL Westwood Complex (100% basis, unless otherwise stated) Underground lateral development metres Q1 2024 1,307 Q1 2023 1,494 Ore mined – underground kt 83 68 Q1 2024 OPERATIONAL REVIEW Ore mined – other sources kt 120 193 Gold production of 32,000 ounces on higher grades
Slide 11: Côté Gold
Q1 2024 RESULTS CONFERENCE CALL Côté Gold (100% basis, unless otherwise stated) Ore mined kt Q1 2024 1,944 Grade mined g/t 0.72 OPERATIONS Material mined – total kt 7,597 Côté Gold achieved first gold on March 31, 2024 Strip ratio w:o 2.9 Total tonnes mined of 7.6M tonnes in Q1 Ore milled kt 48 • Au
Slide 12: Côté Gold: 2024 Outlook
Q1 2024 RESULTS CONFERENCE CALL Côté Gold: 2024 Outlook RAMP UP TO COMMERCIAL PRODUCTION Commercial production on track for Q3 2024 • Goal to achieve 90% throughput rate exiting 2024 • During the ramp-up period and prior to achieving near nameplate production rates, operating costs are expected to b
Slide 13: Côté & Gosselin
Q1 2024 RESULTS CONFERENCE CALL CÔTÉ GOLD PROJECT – MINERAL RESERVES & RESOURCES (2023)1,3 Côté & Gosselin Tonnes Grade Contained (100%) Attributable Contained Classification (millions) (g/t Au) (Moz Au) (Moz Au) Current diamond drill program of 35,000 m targeting potential connecting extensions of
Slide 14: Q1 2024 Results Conference Call
Q1 2024 RESULTS CONFERENCE CALL 14
Slide 15: Gold Mineral Reserves – 100% Basis
Q1 2024 RESULTS CONFERENCE CALL Gold Mineral Reserves – 100% Basis As of December 31, 2023 PROVEN PROBABLE TOTAL RESERVES Tonnes Grade Ounces Tonnes Grade Ounces Tonnes Grade Ounces DEPOSIT Type* Location Ownership (000’s) (g/t) (000’s) (000’s) (g/t) (000’s) (000’s) (g/t) (000’s) Burkina Essakane2 O
Slide 16: Gold Mineral Resources – 100% Basis
Q1 2024 RESULTS CONFERENCE CALL Gold Mineral Resources1,2 – 100% Basis (Measured & Indicated Resources are inclusive of Proven & Probable Reserves) As of December 31, 2023 MEASURED INDICATED MEASURED + INDICATED INFERRED Tonnes Grade Ounces Tonnes Grade Ounces Tonnes Grade Ounces Tonnes Grade Ounces
Slide 17: Graeme Jennings, VP, Investor Relations
Q1 2024 RESULTS CONFERENCE CALL Graeme Jennings, VP, Investor Relations 416-388-6883 TSX: IMG l NYSE: IAG l www.iamgold.com