IAMGOLD Corporation (NYSE: IAG) (TSX: IMG) reported its financial and operating results for the third quarter ended September 30, 2026, delivering 186,900 attributable ounces of gold production and revenues of $856.5 million. Net earnings attributable to equity holders reached $297.0 million, or $0.52 per share, while mine-site free cash flow totalled $404.3 million. The company confirmed it remains on track to meet its 2026 full-year production guidance of 720,000 to 820,000 attributable ounces, with Côté Gold expected to deliver its strongest quarter in Q4 2026.

Key Points

  • IAMGOLD Corporation (NYSE: IAG) (TSX: IMG) reported Q3 2026 financial and operating results on November 5, 2026.
  • Attributable gold production of 186,900 ounces; revenues of $856.5 million at an average realized gold price of $4,277 per ounce.
  • Available liquidity of $1.6 billion; $592.6 million in shares repurchased since the buyback program's December 2025 inception.
  • Investors may be watching the expected December 2026 close of the Franco-Nevada Côté royalty repurchase, estimated at approximately $525 million.

Côté Gold and Essakane Drive Production and Cash Flow

Côté Gold produced 64,400 attributable ounces in Q3 2026 and 184,000 ounces year-to-date, with the operation completing its first full quarter without contractor crushing and running above nameplate capacity in September. Essakane contributed 94,000 attributable ounces in the quarter and 277,500 year-to-date, remaining a significant cash flow source. Westwood added 28,500 ounces in Q3, tracking toward the upper end of its production guidance range of 110,000 to 130,000 ounces for the full year, supported by higher-grade underground ore.

IAMGOLD Exercises Option to Repurchase Half of Franco-Nevada's Côté Royalty

On November 5, 2026, IAMGOLD delivered an irrevocable notice exercising its right to repurchase 50% of Franco-Nevada's 7.5% Gross Margin Royalty on the Côté Gold Mine for approximately $525 million. Following completion, IAMGOLD's effective royalty burden on its 70% interest is expected to reduce to 2.14%, incorporating arrangements with joint-venture partner Sumitomo Metals Mining Co., Ltd., which elected not to participate. The transaction is expected to close in December 2026, with economic effect from January 1, 2027.

Share Buyback Programme Reaches Nearly $600 Million Since Inception

IAMGOLD repurchased 7.6 million shares for $134.7 million during Q3 2026 under its share buyback programme, bringing total repurchases to 32.1 million shares for $592.6 million since December 2025. The company also completed the divestiture of its 35% interest in the Bambadji Joint Venture in Senegal on August 10, 2026, generating net proceeds of $48.0 million after taxes and transaction costs of $21.7 million. Total cash repatriated from Essakane reached $497.6 million year-to-date, with an additional $135.8 million repatriated subsequent to quarter-end.