Canadian gold miner Iamgold has maintained its 2019 production and costs targets, but said on Monday that it would review its guidance in the second half of the year, following a “challenging” first quarter.
Attributable gold production, inclusive of joint venture (JV) operations, fell by 23% year-on-year to 185 000 oz in the first quarter, owing to the impact of increased seismicity at the Westwood mine, in Quebec, lower head grades and throughput at Essakane, in Burkina Faso, and lower head grades at its JV operations.