IAMGOLD(US:IAG)2024-02-16 13:33Financial Performance - Adjusted EBITDA from continuing operations in 2023 was $315.1 million[8] - Cash and cash equivalents as of December 31, 2023, amounted to $367.1 million[7,8] - Available liquidity as of December 31, 2023, was $754.1 million[8] Production and Costs - 2023 attributable gold production was 465,000 ounces, at the top end of the guidance of 410,000 - 470,000 ounces[18,20] - The cost of sales for 2023 was $1,291 per ounce sold[8,20] - Cash costs for 2023 were $1,261 per ounce sold[8,20] - All-in sustaining costs (AISC) for 2023 were $1,783 per ounce sold[8,20] Côté Gold Project - Côté Gold is expected to start production at the end of Q1 and ramp up to commercial production in Q3[3] - Estimated cost to first gold at Côté (100% basis) is $179 million, in line with the planned total expenditure of $2.965 billion (± 1.5%)[8] - Côté Gold Project (100% basis) is expected to produce 220,000 – 290,000 ounces in 2024[18,90] - Côté Gold construction was approximately 98% complete as of December 31, 2023[18,67] Essakane Mine - Essakane achieved record Health & Safety performance in 2023, with a 0.06 DARTFR and 0.18 TRIFR[8,20] - Mineral Resource estimate of 3.4 million ounces, including stockpiles, at an average grade of 1.21 g/t, up 19% from year end 2022[27] Westwood Mine - Westwood reported Q4 production of 28,000 ounces, the highest quarter of production since the mine restart in 2021[20] - Mineral Reserve estimate (underground) of 1.1 million ounces at an average grade of 10.62 g/t, an increase of 123% from year end 2022[49]