XML 104 R49.htm IDEA: XBRL DOCUMENT
v3.25.1

DISCONTINUED OPERATIONS (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2024
Disclosure of Non-current assets held for sale and discontinued operations [Abstract] |
Disclosure Of Assets And Liabilities From Discontinued Operations | On closing, the Company recognized a loss on disposal of $7.4 million, net of income tax, calculated as follows:
| January 31,
| 2023
Proceeds received on closing | $ | 360.0 |
Cash and cash equivalents transferred since closing | 39.4 |
Working capital | (3.4) |
Transaction costs | (8.7) |
Net proceeds | $ | 387.3 |
Cash and cash equivalents | $ | 39.8 |
Receivables and other current assets | 26.7 |
Inventories | 153.7 |
Property, plant and equipment | 446.2 |
Other non-current assets | 10.5 |
Accounts payable and accrued liabilities | (76.0) |
Provisions | (103.8) |
Other liabilities | (89.1) |
Net carrying amount, January 31, 2023 | 408.0 |
Non-controlling interest | (13.3) |
Net assets attributable to IAMGOLD | $ | 394.7 |
Less: net proceeds | 387.3 |
Loss on sale of Rosebel | $ | 7.4 |
The Company recognized a gain on disposal of the Senegal Assets of $109.1 million calculated as follows:
|  | 2023
Proceeds |  | $ | 197.6 |
Transaction costs |  | (3.7) |
Net proceeds |  | $ | 193.9 |
Cash and cash equivalents |  | $ | 1.4 |
Property, plant and equipment |  | 83.3 |
Other non-current assets |  | 1.1 |
Accounts payable and accrued liabilities |  | (0.6) |
Net carrying amount, April 25, 2023 |  | 85.2 |
Non-controlling interest |  | (0.4) |
Net assets attributable to IAMGOLD |  | 84.8 |
Less: net proceeds |  | 193.9 |
Pre-tax gain on sale of Senegal Assets |  | $ | 109.1 |
The Company recognized a gain on disposal of the Guinea Assets of $34.1 million calculated as follows:
|  | December 23,
|  | 2024
Proceeds on closing |  | $ | 27.4 |
Purchase price adjustment |  | 8.1 |
Transaction costs |  | (1.4) |
Net proceeds and pre-tax gain on sale of Guinea Assets |  | $ | 34.1 |
|  | December 31,
|  | 2023
Assets classified as held-for-sale |  |
Cash and cash equivalents |  | $ | 0.5 |
Exploration and evaluation assets |  | 34.1 |
|  | $ | 34.6 |
Liabilities classified as held-for-sale |  |
Accounts payable and accrued liabilities |  | $ | 5.6 |
|  | $ | 5.6 |
Disclosure of net (loss) earnings from discontinued operations | The net earnings (loss) from discontinued operations from the Rosebel Mine, which include the results of operating activities for the year ended December 31, 2023 is as follows:
|  |  | Year ended December 31, 2023 1
Revenues |  |  | $ | 47.2 |
Cost of sales |  |  | (23.8) |
Exploration expenses |  |  | (0.1) |
Other expenses |  |  | (1.3) |
Finance costs |  |  | (0.1) |
Foreign exchange gain (loss) |  |  | (0.2) |
|  |  | 21.7 |
Income tax |  |  | (8.0) |
Net earnings (loss) from discontinued operations before disposal |  |  | $ | 13.7 |
Loss on sale of Rosebel |  |  | (7.4) |
Net earnings (loss) from discontinued operations |  |  | $ | 6.3 |
1. Amounts disclosed for 2023 are for the period until January 31, 2023, the date the transaction closed.

X
- Definition Disclosure of Non-current assets held for sale and discontinued operations [Abstract] + References No definition available. + Details
Name: | iag_DisclosureOfNonCurrentAssetsHeldForSaleAndDiscontinuedOperationsAbstract
Namespace Prefix: | iag_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Schedule Of Assets And Liabilities From Discontinued Operations + References No definition available. + Details
Name: | iag_ScheduleOfAssetsAndLiabilitiesFromDiscontinuedOperationsTableTextBlock
Namespace Prefix: | iag_
Data Type: | dtr-types1:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Schedule Of Net (Loss) Earnings From Discontinued Operations + References No definition available. + Details
Name: | iag_ScheduleOfNetLossEarningsFromDiscontinuedOperationsTableTextBlock
Namespace Prefix: | iag_
Data Type: | dtr-types1:textBlockItemType
Balance Type: | na
Period Type: | duration