Iamgold Corporation · TSX:IMG

Iamgold — Q2 2024 Earnings Presentation

18 slides from Iamgold's earnings presentation, Aug 8, 2024

  1. Slide 1: Second Quarter 2024 Conference Call

    Q2 2024 RESULTS CONFERENCE CALL TSX: IMG l NYSE: IAG l www.iamgold.com SECOND QUARTER 2024 CONFERENCE CALL August 2024

  2. Slide 2: Cautionary Statement

    Q2 2024 RESULTS CONFERENCE CALL Cautionary Statement CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION All information included or incorporated by reference in this news release, including any information as to the Company’s future financial or operating performance and other statements tha

  3. Slide 3: Technical Information and Qualified Persons

    Q2 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

  4. Slide 4: Overview

    Q2 2024 RESULTS CONFERENCE CALL Overview BUILDING A LEADING, MODERN CANADIAN-FOCUSED MULTI-ASSET PRODUCER • Côté Gold: In production and ramping up to be one of Canada’s largest mines and a model for modern mining in Canada • Essakane: 6th largest gold mine in West Africa, leader in the community, a

  5. Slide 5: Q2 Highlights

    Q2 2024 RESULTS CONFERENCE CALL Q2 Highlights OPERATING RESULTS Q2 2024 Q2 2023 YTD 2024 YTD 2023 CÔTÉ GOLD Essakane (90%) koz 111 88 229 180 First quarter of operations achieved commercial production on August 2, 2024 Westwood (100%) koz 35 19 67 40 Ramping up to 90% of nameplate exiting the year S

  6. Slide 6: Increased Production & Lowered Cost Guidance

    Q2 2024 RESULTS CONFERENCE CALL Increased Production & Lowered Cost Guidance GOLD PRODUCTION CASH COST1 AISC1 (attributable ounces) ($/ounce sold) ($/ounce sold) UPDATED PRIOR 3 Updated guidance 3 Updated guidance ACTUAL YTD YTD cost YTD cost GUIDANCE GUIDANCE Previous guidance Previous guidance Ess

  7. Slide 7: Financial Results: Liquidity

    Q2 2024 RESULTS CONFERENCE CALL Financial Results 1.4 M 1 LIQUIDITY (as at June 30, 2024) $5 : Cash and equivalents of $511.4 million and total liquidity1 of $915.7 million sh Ca • $55.9 million of cash and equivalents held by Côté Gold70%, $188.2 million held by $915.7M 3. 3 M Essakane • Essakane d

  8. Slide 8: Financial Results

    Q2 2024 RESULTS CONFERENCE CALL Financial Results FINANCIAL HIGHLIGHTS (In $ millions, unless otherwise stated) Q2 2024 Q2 2023 YTD 2024 Q2 FINANCIAL REVIEW Revenues $385.3 $238.8 $724.2 Gold revenues of $385.3 million from sales of 167,000 ounces (156,000 ounces attributable) at Gross profit $150.7

  9. Slide 9: Operations

    Q2 2024 RESULTS CONFERENCE CALL Operations 9

  10. Slide 10: Essakane

    Q2 2024 RESULTS CONFERENCE CALL Essakane (100% basis, unless otherwise stated) Q2 2024 Q2 2023 YTD 2024 YTD 2023 Ore mined kt 2,195 2,697 5,653 4,354 Q2 2024 OPERATIONAL REVIEW Material mined – total kt 11,009 13,515 22,349 19,800 Attributable production of 111,000 ounces in Q2 | 229,000 ounces YTD

  11. Slide 11: Westwood Complex

    Q2 2024 RESULTS CONFERENCE CALL Westwood Complex (100% basis, unless otherwise stated) Underground lateral development metres Q2 2024 1,166 Q2 2023 1,381 YTD 2024 2,473 YTD 2023 2,875 Ore mined – underground kt 89 56 172 124 Q2 2024 OPERATIONAL REVIEW Ore mined – other sources kt 128 156 248 349 Gol

  12. Slide 12: Côté Gold

    Q2 2024 RESULTS CONFERENCE CALL YTD Côté Gold (100% basis, unless otherwise stated) Q2 2024 2024 Ore mined kt 2,109 4,053 OPERATIONS Grade mined g/t 0.93 0.83 Material mined – total kt 10,514 18,111 Gold production of 34,000 ounces (100%) in Q2 Strip ratio w:o 4.0 3.5 • Gold sold lower than ounces p

  13. Slide 13: Côté Gold: 2024 Outlook

    Q2 2024 RESULTS CONFERENCE CALL Côté Gold: 2024 Outlook RECENT HIGHLIGHTS AS CÔTÉ RAMPS TO NAMEPLATE Commercial production announced on August 2, 2024 • Approximately four months after first gold (March 31, 2024) Processed over 620,000 tonnes in July with production of 25,900 ounces (100%) Record da

  14. Slide 14: Côté & Gosselin

    Q2 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 with 22,900 m completed YTD • Targeting poten

  15. Slide 15: Q2 2024 RESULTS CONFERENCE CALL

    Q2 2024 RESULTS CONFERENCE CALL 15

  16. Slide 16: Gold Mineral Reserves – 100% Basis

    Q2 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

  17. Slide 17: Gold Mineral Resources – 100% Basis

    Q2 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

  18. Slide 18: Graeme Jennings, VP, Investor Relations

    Q2 2024 RESULTS CONFERENCE CALL Graeme Jennings, VP, Investor Relations 416-388-6883 TSX: IMG l NYSE: IAG l www.iamgold.com

IAMGOLD — Q2 2024 Earnings Presentation on 6ix