https://www.northernontariobusiness.com/
New IAMGOLD boss pleased with the pace of progress at Côté project
Construction at IAMGOLD Côté open-pit mine has reached the 80 per cent completion mark. The project is on schedule for a first gold pour and the start of production in early 2024. “All eyes are on Côté,” said IAMGOLD company-CEO Renaud Adams in a May 12 webcall with analysts on the Toronto gold company’s first-quarter 2023 results.
Construction activity is now at the peak period with more than 1,500 workers on site. Adams said the Toronto gold company is “turning the corner” toward becoming a leading mid-tier producer. The Côté deposit, he said, will provide a “substantial” impact as a “cornerstone asset” for IAMGOLD as a potential district-scale operation in northeastern Ontario.