IAMGOLD Corporation (NYSE:IAG) Q2 2024 Earnings Conference Call August 9, 2024 8:30 AM ET

Company Participants

Graeme Jennings - Vice President, Investor Relations
Renaud Adams - President, Chief Executive Officer
Maarten Theunissen - Chief Financial Officer
Bruno Lemelin - Chief Operating Officer

Conference Call Participants

Anita Soni - CIBC World Markets
Wayne Lam - RBC
Mike Parkin - National Bank Financial
Carey MacRury - Canaccord Genuity
Steven Green - TD Securities
Tanya Jakusconek - Scotiabank

Operator

Thank you for standing by. This is the conference operator. Welcome to the IAMGOLD Second Quarter 2024 Operating and Financial Results Conference Call and Webcast. As a reminder, all participants are in listen-only mode and the conference is being recorded. After the presentation, there will be an opportunity to ask questions. [Operator Instructions]

At this time, I'd like to turn the conference over to Graeme Jennings, VP, Investor Relations and Corporate Communications for IAMGOLD. Please go ahead, Mr. Jennings.

Graeme Jennings

Thank you, operator, and welcome everyone to the second quarter 2024 operating and financial results conference call. Joining me today on the call are Renaud Adams, President and Chief Executive Officer; Maarten Theunissen, Chief Financial Officer; Bruno Lemelin, Chief Operating Officer; and Tim Bradburn, Senior Vice President, General Counsel and Corporate Secretary.

We are joining today from IAMGOLD's Toronto office, which is located on Treaty Treaty 13 territory on the traditional lands of many nations, including the Mississaugas of the Credit, the Anishnabeg, Chippewa, Haudenosaunee, and the Wendat peoples. At IAMGOLD, we believe respecting and upholding Indigenous rights is founded upon relationships that foster trust, transparency and mutual

Please note that our remarks in this call will include forward-looking statements and refer to non-IFRS measures. We encourage you to refer to the cautionary statements and disclosures on non-IFRS measures, including the presentation and the reconciliations of these measures in our most recent MD&A, each under the heading, Non-GAAP Financial Measures.

With respect to the technical information to be discussed, please refer to the information in the presentation under the heading, Qualified Person and Technical Information. The slides referenced on this call can be viewed on our website.

I will now turn the call over to our President and CEO, Renaud Adams.

Renaud Adams

Thank you, Graeme, and good morning, everyone, and thank you for joining us. It was another exciting quarter for IAMGOLD with the first full quarters of operations at Cote, and another strong operating performance from Essakane and Westwood, putting us in a position to increase our overall guidance for the year. At a high level, I believe this quarter begins to paint a picture of what ultimately IMGOLD would look like. Cote Gold is now ramping up, providing for higher production base, lower cost profile, and shifting the density of our value to Canada. At steady run rate, Cote Gold will be among the largest gold mines in Canada and a model for mining -- for modern mining done right and for many decades to come. This is then coupled with strong and predictable productions in cash flow from Essakane and Westwood.