Iamgold Co.

Iamgold has shifted to a net cash position and holds about $1.35 billion of available liquidity after substantially paying down debt. Ramp-up at the Côté Gold mine is driving strong free cash flow—893 million in mine-site FCF in H1 2026 and a trailing-12-month FCF yield near 14%—allowing management to prioritize shareholder returns. With expansion capex normalizing and $150 million returned via buybacks in Q2, the company is likely to implement a base dividend (plus variable payouts) by 2027, which could broaden its investor base. » Więcej na finance.yahoo.com

IAMGOLD has completed the sale of its 35% interest in the Bambadji joint venture and the Bambadji and Bambadji Sud exploration licences in Senegal to Fortuna Mining. IAMGOLD will receive approximately $70m in cash before Senegalese capital gains taxes and transaction costs; the total consideration to the JV partners is $200m in cash plus a 0.5% NSR on the first 1.75 million ounces of gold. IAMGOLD retains its proportionate entitlement to the NSR royalty; Fasken Martineau DuMoulin LLP served as legal adviser. » Więcej na de.investing.com

Iamgold produced 188,100 attributable ounces in Q2 (371,700 H1) and remains on track for 2026 guidance of 720,000–820,000 ounces. The company generated $445.1 million in operating cash flow and $368.9 million in mine-site free cash flow in the quarter, repurchased $147.9 million of shares in Q2 and has bought back about $510 million since December. Côté Gold plant performance improved after repairs and crusher commissioning, though full-year cash costs and AISC are expected near the high end of guidance. IAMGOLD is advancing expansion studies at Côté and drilling at Nelligan to support future growth. » Więcej na finance.yahoo.com