IAMGOLD CORP (IAG) SEC Filings

IAMGOLD Corporation completed the sale of its indirect 35% interest in the Bambadji Joint Venture and its attributable interest in the Bambadji Sud exploration permit in Senegal to Fortuna Mining Corp. The transaction generated approximately $70 million in cash proceeds to IAMGOLD, before Senegalese capital gains taxes and transaction costs, and is described as monetizing a non-core exploration asset to support focus on the existing operating and development portfolio.

Total consideration payable by Fortuna to IAMGOLD and Barrick Mining Corporation on a 100% basis is $200 million in cash at closing plus a 0.5% net smelter return royalty, capped on the first 1.75 million ounces of gold produced from the Bambadji permit, with IAMGOLD retaining its proportionate share of this royalty.

IAMGOLD Corporation reported much stronger Q2 2026 performance, with revenues of $856.9 million from sales of 195,100 ounces at an average realized gold price of $4,384 per ounce. Attributable gold production was 188,100 ounces, net earnings attributable to equity holders were $230.5 million, and adjusted EBITDA was $507.3 million.

Net cash from operating activities was $445.1 million, supporting mine-site free cash flow of $368.9 million. Liquidity totaled $1,348.1 million as of June 30, 2026, including $501.4 million in cash and an undrawn $845.7 million credit facility, with net cash of $52.2 million excluding leases and letters of credit.

Côté, Essakane and Westwood produced 67,300, 88,400 and 32,400 attributable ounces respectively, and total 2026 attributable production is expected between 720,000 and 820,000 ounces. The company repurchased 8.6 million shares for $147.9 million, fully repaid the remaining $100 million balance on its credit facility, advanced major resource-growth projects at Côté and within the Nelligan Mining Complex, and highlighted ongoing security risks in Burkina Faso and a higher total recordable injuries frequency rate of 0.70.

IAMGOLD Corporation announced that Catherine McLeod-Seltzer has been appointed to its board of directors, effective September 1, 2026. The chair of the board highlighted her executive, board and capital markets background and her history of building companies across the mining sector.

McLeod-Seltzer brings more than four decades of mining industry experience, including senior roles and directorships at several public companies and major transactions at Arequipa Resources, Lucara Diamond, Peru Copper and others. IAMGOLD is described as an intermediate gold producer and developer with operating mines at Côté Gold, Westwood and Essakane, including a 70|30 partnership at Côté Gold with Sumitomo Metal Mining, and a workforce of approximately 3,700 people.

IAMGOLD Corporation reported solid Q2 2026 operating and financial performance. Attributable gold production was 188,100 oz in the quarter and 371,700 oz year‑to‑date, and the company reiterated 2026 guidance of 720,000–820,000 oz. Q2 revenue was $856.9 million, with net earnings attributable to equity holders of $230.5 million and adjusted net earnings of $241.6 million. EBITDA was $495.3 million, mine‑site free cash flow $368.9 million, and net cash from operating activities $445.1 million in Q2, or $1,015.0 million year‑to‑date, supported by an average realized gold price of $4,384/oz.

Côté Gold produced 67,300 oz attributable in Q2, with mine‑site free cash flow of $150.3 million but elevated unit costs as contractor crushing, maintenance and energy costs weighed on AISC of $2,082/oz. Westwood delivered 32,400 oz in Q2 and record year‑to‑date revenue of $313.9 million, while Essakane contributed 88,400 oz attributable in Q2 and mine‑site free cash flow of $162.1 million, offset by much higher royalties under Burkina Faso’s updated royalty regime and ongoing security‑related costs.

Liquidity remained strong with $501.4 million in cash, an undrawn $845.7 million revolving credit facility (increased from $650 million and extended to 2030) and net debt of $42.6 million, for total liquidity of $1,348.1 million. Essakane fully repatriated IAMGOLD’s $680.7 million share of the record 2025 dividend and declared a further $500 million dividend for 2026, of which approximately $400 million is attributable to IAMGOLD. Year‑to‑date the company repurchased 21.5 million shares for $407.9 million (27.9 million shares and $510.4 million since program inception), funded largely from cash flows, while advancing expansion and exploration at Côté Gold, Westwood and the Nelligan Mining Complex. The total recordable injury frequency rate rose to 0.70 in Q2 from 0.41 a year earlier.

IAMGOLD Corp’s common stock is reported as beneficially owned by FMR LLC and Abigail P. Johnson in an amended Schedule 13G filing. FMR LLC reports beneficial ownership of 18,760,672.84 shares of IAMGOLD common stock, representing 3.2% of the class.

FMR LLC has sole voting power over 17,065,727.61 shares and sole dispositive power over 18,760,672.84 shares, with no shared voting or dispositive power. Abigail P. Johnson reports sole dispositive power over the same 18,760,672.84 shares and no voting power. One or more other persons may receive dividends or sale proceeds, but no such person holds more than five percent of the outstanding common stock.

IAMGOLD Corp received an amended ownership report indicating that FIL Limited, together with Pandanus Partners, L.P. and Pandanus Associates, Inc., is a beneficial owner of IAMGOLD common stock. As of June 30, 2026, these reporting persons beneficially owned 29,559,323 shares of IAMGOLD common stock, representing 5.1% of the class. FIL Limited had sole voting power over 26,813,106 shares and sole dispositive power over 29,559,323 shares, with no shared voting or dispositive power reported. One or more other persons have rights to receive dividends or sale proceeds from these securities, but no such person holds more than five percent of IAMGOLD’s outstanding common stock.

IAMGOLD Corporation, an intermediate gold producer and developer based in Canada, plans to release its second quarter 2026 operating and financial results after market hours on Aug 6, 2026.

Senior management will host a conference call on Aug 7, 2026 at 8:30 a.m. (Eastern Time), accessible via webcast and North American toll-free or international dial-in, with a telephone replay available for one month. IAMGOLD operates the Côté Gold, Westwood and Essakane mines, including a 70|30 partnership at Côté Gold, and employs approximately 3,700 people.

IAMGOLD Corporation has entered into a third amended and restated credit agreement providing a revolving Credit of up to US$850,000,000, replacing its prior US$650,000,000 facility. The syndicated facility is available in US Dollars and Canadian Dollars through Prime Rate, Base Rate, CORRA and SOFR Advances, and standby Letters of Credit.

The agreement extends the revolving credit facility’s maturity date to June 17, 2030 and allows up to US$300,000,000 of outstanding Letters of Credit. A swingline feature permits overdraft utilizations up to US$25,000,000. The facility is secured, guaranteed by key subsidiaries, and governed by detailed financial covenants based on Debt, EBITDA and interest coverage.

IAMGOLD Corporation has amended its senior secured revolving credit facility, increasing total available commitments from $650 million to $850 million and extending the maturity date to June 17, 2030 from December 20, 2028. The facility remains undrawn, so this change increases available liquidity without adding debt immediately.

The amended facility adds an accordion feature of up to $250 million, allowing further expansion of commitments subject to lender approval. Pricing has improved, with interest now at SOFR plus a margin of 1.875% to 2.875%, compared to the prior 2.75% to 3.75% margin. The maximum total net leverage ratio covenant has been raised to 4.0x, and standby fees have been reduced, meaning more committed capacity at no incremental notional standby cost.

Management states that these changes reflect a strengthened balance sheet and outlook, lowering borrowing costs and providing additional flexibility to support capital allocation and corporate initiatives across its gold mining portfolio.