Gold producer, IAMGOLD has announced that the Côté Gold Mine reached a major milestone as the processing plant operated at the nameplate capacity of 36,000 tpd on average over thirty consecutive days.
"I would like to congratulate our Côté Gold teams, who demonstrated remarkable determination and commitment to bring Côté Gold online and advance it to nameplate throughput rate within 15 months," said Renaud Adams, CEO of IAMGOLD. "To bring a gold project from first gold to the design nameplate rate within this timeframe, while ensuring a safe workplace for all, exemplifies the commitment to excellence and accountability that is at the core of IAMGOLD today. This milestone was made possible as momentum built from March in which the Côté processing plant achieved an average monthly throughput rate of 90% of nameplate and then reached 96% over a 30-day period in April. The achievement confirms our confidence in the Côté Gold production guidance of 360,000 to 400,000 ounces on a 100% basis, with costs expected to decline through the year. Further, we are excited at the opportunities the installation of the second cone crusher will bring, including improving plant availability and maintenance cycles, while providing potential for further throughput increases."
