Iamgold’s Côté hits nameplate throughput milestone
Midtier miner Iamgold said on Monday that its Côté mine in Ontario had achieved nameplate throughput of 36 000 t/d – less than 15 months after first production.
The company said the processing plant maintained the average rate over 30 consecutive days, hitting the target on June 21.
“I would like to congratulate our Côté Gold teams, who demonstrated remarkable determination and commitment to bring Côté Gold on line and advance it to nameplate throughput rate within 15 months,” said Iamgold president and CEO Renaud Adams.
The ramp-up began gaining momentum in March, with the plant averaging 90% of nameplate throughput for the month, then improving to 96% in April over a 30-day period.
“To bring a gold project from first gold to the design nameplate rate within this timeframe, while ensuring a safe workplace for all, exemplifies the commitment to excellence and accountability that is at the core of Iamgold today,” Adams said.
The company reaffirmed its 2025 production guidance of 360 000 oz to 400 000 oz on a 100% basis and said costs were expected to decline throughout the year.
Iamgold also highlighted the benefits of a second cone crusher currently being installed, which is expected to improve plant availability and maintenance cycles, and potentially boost throughput further.
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