IAMGOLD Q3 revenue rises 21% on higher gold prices
Canadian gold miner IAMGOLD reported a 21% year-on-year revenue increase in Q3. The company also bought back $135 million of shares and kept its 2026 production guidance.
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what happened
According to Reuters, revenue at Canadian gold miner IAMGOLD Corp rose 21% year on year in the third quarter. The main driver was a higher realized gold price. Adjusted net earnings per share came to 0.42, up from 0.30 a year earlier.
The company repurchased $135 million of shares during the quarter, bringing total buybacks to nearly $600 million. IAMGOLD kept its 2026 gold production guidance at 720,000 to 820,000 ounces. It expects consolidated cash costs, excluding royalties, in the upper half of the $1,100 to $1,250 per ounce range.
The company also anticipates exceeding the upper end of its 2026 all-in sustaining cost guidance, including royalties, due to higher gold prices.
why it matters
For investors in gold producers, the report shows how a higher metal price feeds directly into revenue and cash flow across the sector. Lower costs at Côté Gold and higher output at Westwood and Essakane also support the company's margins.
market impact
Gold and gold miners: higher prices support revenue and margins across the sector, with IAMGOLD shares in focus.
tags
instruments
sources
- Canada's IAMGOLD Corp Q3 revenue up 21% on higher gold prices — Reuters, 5 November 2026 at 22:24 UTC
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