IAMGOLD cites higher gold prices as driver of Q3 2026 revenue growth
IAG•IAMGOLD reported third-quarter 2026 net earnings of $297 million, up from $139.4 million a year earlier, while revenue rose 21% to $856.5 million. Attributable production fell to 186,900 ounces, and all-in sustaining costs increased to $2,184 per ounce sold.
1. Quarterly results
IAMGOLD reported third-quarter 2026 net earnings attributable to equity holders of $297 million, compared with $139.4 million a year earlier. Revenue rose 21% to $856.5 million, driven by higher realized gold prices despite lower sales volumes.
2. Production and costs
Attributable production fell to 186,900 ounces as lower throughput, grades and recoveries at Côté outweighed gains at Westwood and Essakane. All-in sustaining costs rose to $2,184 per ounce sold from $1,956, reflecting higher royalties and sustaining capital spending.
3. Cash flow
Operating cash flow increased to $461.1 million from $280.8 million, supported by higher revenue from stronger realized gold prices.
