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CAPITAL MANAGEMENT | 12 Months Ended
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Dec. 31, 2024
Corporate information and statement of IFRS compliance [abstract] |
Capital Management | Capital Management IAMGOLD’s objectives when managing capital are to: •Ensure the Company has sufficient financial capacity to support its operations, current mine development plans, construction projects, and long-term growth strategy; •Ensure the Company complies with its long-term debt covenants; and •Protect the Company’s value with respect to market and risk fluctuations.
| Notes | December 31, 2024 | December 31, 2023
Cash and cash equivalents |  | $ | 347.5 |  | $ | 367.1 |
Capital items: |  |  |
Long-term debt - Notes 1 | 18(b) | $ | 450.0 |  | $ | 450.0 |
Long-term debt - Term Loan 2 | 18(c) | 400.0 |  | 400.0 |
Credit facility available for use | 18(a) | 418.5 |  | 387.0 |
Common shares |  | 3,070.6 |  | 2,732.1 |
|  | $ | 4,339.1 |  | $ | 3,969.1 |
1.The carrying amount of the long-term debt excludes unamortized deferred transaction costs of $3.6 million as at December 31, 2024 (December 31, 2023 – $4.5 million) and the embedded derivative. 2.The carrying amount excludes unamortized deferred transaction costs of $3.7 million (December 31, 2023 - $8.2 million), the 3% original discount and the embedded derivative as at December 31, 2024. The Company operates in a capital intensive industry that experiences lengthy development lead times as well as risks associated with capital costs and timing of project completion. Factors affecting these risks, which are beyond the Company’s control, include the availability of resources, the issuance of necessary permits, costs of various inputs and the volatility of the gold price. The adequacy of the Company’s capital structure is assessed on an ongoing basis and adjusted as necessary after taking into consideration the Company’s strategy, the forward gold price, the mining industry, the capital requirements of the Company's operations and projects, economic conditions and associated risks. In order to maintain or adjust its capital structure, the Company may adjust its capital spending, adjust the amount of dividend distributions, issue new shares, purchase shares for cancellation pursuant to normal course issuer bids, extend its credit facility, issue new debt, repay existing debt, sell all or a portion of one or more of its assets, purchase or sell gold bullion or enter into forward gold sale arrangements. The Notes indenture contains a restriction on the use of proceeds from the sale of certain assets. The credit facility agreement contains certain restrictions on the assumption of certain additional debt and the sale of certain assets.

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- Definition The disclosure of information that enables users of financial statements to evaluate the entity's objectives, policies and processes for managing capital. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 1 -IssueDate 2024-01-01 -Paragraph 134 -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=1&code=ifrs-tx-2024-en-r&anchor=para_134&doctype=Standard -URIDate 2024-03-27 + Details
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