IAMGOLD Announces Closing of Mines D'Or Orbec Acquisition

Core Viewpoint - IAMGOLD Corporation has successfully completed the acquisition of Mines D'Or Orbec Inc., enhancing its position in the gold mining sector and expanding its exploration capabilities in Quebec, Canada [2][3]. Company Overview - IAMGOLD is an intermediate gold producer and developer based in Canada, with operating mines in North America and West Africa, including Côté Gold, Westwood, and Essakane [4]. - The Côté Gold Mine achieved full nameplate capacity in June 2025 and is expected to be one of the largest gold mines in Canada [4]. - The company employs approximately 3,700 people and is committed to high standards of Environmental, Social, and Governance practices [4]. Acquisition Details - The acquisition of Orbec and the Muus Project is expected to provide additional potential within IAMGOLD's newly formed Nelligan Mining Complex, which is now among the largest pre-production gold projects in Canada [3]. - The Muus Project is strategically located at the intersection of two significant mineralized structures, enhancing exploration opportunities [3]. Future Plans - IAMGOLD plans to initiate an expanded exploration program in the region next year, focusing on the newly acquired assets [3].