SURFACE MINING

Fire at IAMGOLD Cote project

The fire occurred at the concrete batch plant on Feb. 24.

 IAMGOLD aims to produce gold at the mine in the second half of 2023.

IAMGOLD aims to produce gold at the mine in the second half of 2023.

IAMGOLD has reported a fire at its Cote gold mine project in Ontario.

The fire occurred at the concrete batch plant on Feb. 24.

The company was able to extinguish the fire quickly. No injuries were reported.

Activities resumed at the site the next morning. IAMGOLD is now investigating the cause of the fire, and whether it will impact ongoing construction activities.

The gold mine is planning to begin commercial production in the second half of 2023, with an estimated mine life of 18 years.

IAMGOLD is targeting 489,000 ounces of average yearly production in the first five years of the mine, with a life of mine average production estimated at 367,000 ounces of gold.

The Cote gold project contains combined measured and indicated resources of 189.6 million tonnes at 0.63 g/t of gold for 3.82 million ounces of gold.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Magazine Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Magazine Intelligence team.

editions

Mining Magazine Intelligence Exploration Report 2024 (feat. Opaxe data)

A comprehensive review of exploration trends and technologies, highlighting the best intercepts and discoveries and the latest initial resource estimates.

editions

Mining Magazine Intelligence Future Fleets Report 2024

The report paints a picture of the equipment landscape and includes detailed profiles of mines that are employing these fleets

editions

Mining Magazine Intelligence Digitalisation Report 2023

An in-depth review of operations that use digitalisation technology to drive improvements across all areas of mining production

editions

Mining Magazine Intelligence Automation Report 2023

An in-depth review of operations using autonomous solutions in every region and sector, including analysis of the factors driving investment decisions