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IAMGOLD Provides Update on Operations

May 13, 2021
Toronto, Ontario--(Newsfile Corp. - May 13, 2021) - IAMGOLD Corporation (TSX: IMG) (NYSE: IAG) ("IAMGOLD" or the "Company") is pleased to provide the following updates on its operations:
 
Rosebel Gold Mine
 
At the Rosebel Gold Mine ("Rosebel") in Suriname, Rosebel and the Rosebell Goldmines Werknemers Organisatie (the "Union") have finalized a new Collective Labour Agreement. The agreement applies to the two-year period from August 16, 2020 to August 15, 2022, inclusive.
 
Westwood Mine
 
At the Westwood Mine in Canada, the Company plans to proceed with a targeted, safe restart of underground operations following the recall of employees announced on April 22, 2021.
 
The restart would commence in the second half of 2021 with the East Zone. Activities in the second quarter 2021 continue to be focused on training and rehabilitation work.
 
As reported in IAMGOLD's first quarter 2021 results news release on May 3, 2021, mill feed this year is being sourced from the Grand Duc satellite open pit, located three kilometres from the Westwood mill complex, and is expected to be supplemented by underground material from the Westwood mine. Guidance for Westwood production remains at 45,000 to 65,000 ounces in 2021.
 
About IAMGOLD
 
IAMGOLD is a mid-tier gold mining company operating in three regions globally: North America, South America and West Africa. Within these regions the Company is developing high potential mining districts that encompass operating mines, construction, development, and exploration projects. The Company's operating mines include Westwood in Canada, Rosebel (including Saramacca) in Suriname and Essakane in Burkina Faso. A solid base of strategic assets is complemented by the Côté Gold construction project in Canada, the Boto Gold development project in Senegal, as well as greenfield and brownfield exploration projects in various countries located in the Americas and West Africa.
 
IAMGOLD employs approximately 5,000 people. IAMGOLD is committed to maintaining its culture of accountable mining through high standards of Environmental, Social and Governance practices, including its commitment to Zero Harm®, in every aspect of its business. IAMGOLD (www.iamgold.com) is listed on the New York Stock Exchange (NYSE: IAG) and the Toronto Stock Exchange (TSX: IMG) and is one of the companies on the JSI index1.
 
1 Jantzi Social Index ("JSI"). The JSI is a socially screened market capitalization-weighted common stock index modeled on the S&P/TSX 60. It consists of companies which pass a set of broadly based environmental, social and governance rating criteria.
 
For further information please contact:
 
Indi Gopinathan, VP, Investor Relations & Corporate Communications, IAMGOLD Corporation
Tel: (416) 360-4743 Mobile: (416) 388-6883
 
Philip Rabenok, Senior Analyst, Investor Relations, IAMGOLD Corporation
Tel: (416) 933-5783 Mobile: (647) 967-9942
 
Toll-free: 1-888-464-9999 info@iamgold.com
 

Source: https://www.iamgold.com/English/investors/news-releases/news-releases-details/2021/IAMGOLD-Provides-Update-on-Operations/default.aspx

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