IAMGOLD sees 2026 cash costs excluding royalties at US$1,100–1,250 per ounce
IAG•IAMGOLD expects 2026 attributable gold production of 720,000–820,000 ounces and cash costs excluding royalties of US$1,100–1,250 per ounce. It plans to spend about US$525 million in the fourth quarter to repurchase half of Franco-Nevada’s Côté gross margin royalty, which is expected to lower Côté’s cash costs by about US$150 per ounce in 2027.
1. 2026 outlook and royalty plan
IAMGOLD expects attributable gold production of 720,000–820,000 ounces in 2026, with cash costs excluding royalties of US$1,100–1,250 per ounce and all-in sustaining costs of US$2,000–2,150 per ounce. Year-to-date production was 558,600 ounces, and fourth-quarter output is expected to peak as Côté benefits from higher processing rates and grades. The company plans to spend approximately US$525 million in the fourth quarter to repurchase 50% of Franco-Nevada’s Côté gross margin royalty; the repurchase is expected to reduce Côté’s cash costs by about US$150 per ounce in 2027.
