IAMGOLD (IAG) Reports Q2 Results, Expects Higher Production in Second Half

IAMGOLD Corporation (NYSE:IAG) is one of the 13 Most Promising Gold Stocks According to Wall Street Analysts. On August 7, IAMGOLD Corporation (NYSE:IAG) reported its results for the second quarter of 2025, with attributable gold production reaching 173,000 ounces.

The company expects production to be higher in the second half of the year. This increase is expected to come from consistent operation of Côté Gold mine near nameplate throughput and grade improvements at both Westwood and Essakane mines.

IAMGOLD (IAG) Reports Q2 Results, Expects Higher Production in Second Half

Aerial view of the Rosebel gold mine in Suriname with its open pits spanning across the landscape.

A key highlight for IAMGOLD Corporation (NYSE:IAG) is that the Côté Gold mine has now reached its nameplate capacity. The mine had a strong full quarter of production in the second quarter. Looking ahead, the company expects stronger performance in the coming months, which will be supported by higher production expected at all its operations and the benefits of gold prices.

In the first half of 2025, IAMGOLD Corporation’s (NYSE:IAG) total attributable production was 334,000 ounces. For the second half, the company expects attributable production to be between 400,000 and 485,000 ounces. This puts IAMGOLD Corporation (NYSE:IAG) on track to achieve its full-year production guidance of 735,000 to 820,000 ounces.

This stronger second-half production forecast is based on continued improvements at the Côté Gold mine and an increase in expected grades at both Essakane and Westwood mines.

IAMGOLD Corporation (NYSE:IAG) is a Canadian gold-producing company that operates mines in North America and West Africa.

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Disclosure: None. This article is originally published at Insider Monkey.