IAMGOLD(US:IAG)2023-02-17 16:52Financial Performance - Gold revenues reached $958.8 million, including $207.2 million in Q4 2022, stemming from sales of 555,000 ounces[9] - Adjusted EBITDA was $313.4 million, with $38.9 million in Q4 2022[9] - The company faced an adjusted net loss of $35.6 million, or $0.07 per share[9] - Mine site free cash flow amounted to $167.2 million, with a deficit of $21.9 million in Q4 2022[9] Liquidity and Funding - Total liquidity as of December 31, 2022, stood at $434.4 million, encompassing $407.8 million in cash and equivalents[14] - The company completed the sale of Rosebel/Saramacca to Zijin Mining on January 31, 2023, receiving $371.5 million[14] - An agreement was reached to sell Bambouk assets for $282 million pre-tax in cash to Managem, expected to close in Q2/Q3 2023[14] - A funding agreement with Sumitomo Metal Mining (SMM) provides up to $340 million, potentially revising JV interests to approximately 60% IAMGOLD and 40% SMM[19] Côté Gold Project - The Côté Gold project is approximately 73% complete[50] - Estimated remaining funding to complete the project for IAMGOLD as of December 31, 2022, was $460 - $535 million, accounting for the SMM funding agreement[50] - $185.6 million was incurred in Q4 2022 for the project[45] Mineral Reserves and Resources - Total gold mineral reserves as of December 31, 2022, were 14981 thousand ounces[26] - Total Measured and Indicated gold Mineral Resources were 30764 thousand ounces[32] - Total Inferred gold Mineral Resources were 12330 thousand ounces[32]