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Stock impact report

GOLD ROYALTY PROVIDES UPDATE ON THE CÔTÉ GOLD MINE ROYALTY; FIRST GOLD POUR SUPPORTS 100% REVENUE GROWTH IN 2024 [Yahoo! Finance]

Iamgold Corporation Ordinary Shares (IAG) 
Last iamgold corporation ordinary shares earnings: 2/19 05:25 pm Check Earnings Report
Company Research Source: Yahoo! Finance
IAMGOLD Corporation (" IAMGOLD ") has completed its first gold pour at the Côté Gold Mine ("Côté Gold" or "Côté"), located in Ontario, Canada . Gold Royalty holds a 0.75% net smelter return (" NSR ") royalty over the southern portion of the mine, which is expected to be incorporated into phase I of the mine plan. David Garofalo , Chairman and CEO of Gold Royalty, commented: "We are thrilled to see IAMGOLD achieve first gold pour at Côté and are excited to see the continued ramp up of the mine through the remainder of the year. For Gold Royalty, this is a significant catalyst as Côté will be a meaningful contributor to our 100% growth in expected revenue in 2024. As one of our cornerstone assets, Côté represents the high-quality, long-life, and reliable operations which build the foundation of our portfolio and underpin our industry leading growth profile which extends towards the end of the decade." As announced by IAMGOLD on March 31, 2024 , commissioning activities at Côté have Show less Read more
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