The Côté district includes the Côté Gold construction project and the adjacent Gosselin deposit. The Project is a 70:30 joint venture between IAMGOLD, as the operator, and Sumitomo Metal Mining Co., Ltd.
Effective ownership: 64.75% IAMGOLD, 27.75% Sumitomo Metal Mining, and 7.5% other interest.
IAMGOLD is a mid-tier gold mining company operating in three regions globally: North America, South America, and West Africa. Within these regions, the Company is developing high-potential mining districts that encompass operating mines and construction, development and exploration projects.
The Company's operating mines include Essakane in Burkina Faso and Westwood in Canada. A solid base of strategic assets is complemented by the Côté Gold construction project in Canada, the Boto Gold development project in Senegal, as well as greenfield and brownfield exploration projects in various countries located in the Americas and West Africa.
Sumitomo Metal Mining Co., Ltd. and its Group companies engage in the mineral resources, smelting and refining, and materials businesses in 14 countries and regions around the world.
25 km southwest of Gogama, 125 km southwest of Timmins, and 175 km north of Sudbury. The current entrance to the site is about 5 km west of Highway 144.
Commercial production starts in early 2024. Average production expected: 367 koz. (100% basis).
Archean, low-grade, high-tonnage, (± copper), synvolcanic intrusion-related and stockwork disseminated
We are implementing autonomous drilling and hauling systems as the first pieces in our technological foundation. By leveraging data and analytics, we will make tangible and sustained improvements in our operations.
The Côté Gold deposit is a new Archean, low-grade, high-tonnage gold discovery. It is described as a synvolcanic intrusion-related and stockwork disseminated gold deposit.
The Côté Gold processing plant will be highly automated with a 36,000-tonne-per-day ore-processing capacity.