- IAMGOLD press release ( NYSE: IAG ): Q4 Non-GAAP EPS of -$0.02.
- Revenue of $207.2M (+0.4% Y/Y).
- Attributable gold production was 185,000 ounces in the fourth quarter and 713,000 ounces for the year, above the top end of revised production guidance of 650,000 to 705,000 ounces.
- Cash and cash equivalents held by continuing operations of $407.8 million and liquidity 1 of $434.4 million at December 31, 2022.
- Outlook: Attributable gold production for 2023, excluding Rosebel, is expected to be in the range of 410,000 to 470,000 ounces, with Essakane attributable gold production expected to be in the range of 340,000 to 380,000 ounces and Westwood gold production is expected to be in the range of 70,000 to 90,000 ounces.
- Cash costs¹ are expected to be between $1,125 and $1,175 per ounce sold, and AISC 1 per ounce sold is expected to be in the range of $1,625 to $1,700 per ounce sold. The estimate includes assumptions related to the escalated pricing levels of certain consumables as experienced during the second half of 2022. Cash costs and AISC per ounce sold in the first half of 2023 are expected to be at or above the high end of the annual guidance range due to lower gold production and sales volumes, in addition to higher waste stripping in accordance with the mine plans, as compared to the second half of the year.
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IAMGOLD Non-GAAP EPS of -$0.02, revenue of $207.2M