Gold miner Iamgold on Tuesday announced a construction decision for the $1.3-billion Côté gold project, in Ontario, Canada, creating more than 1 000 jobs during its construction.
The project, near Gogama, south-west of Timmins, is a 70:30 joint venture with Sumitomo Metal Mining.
The decision enables construction to start in the third quarter, with activities ramping up into the fourth quarter. The current timeline is to enter into commercial production in the second half of 2023.