The new 21-year mine plan includes operational enhancements such as remobilizing idle haul trucks, opening additional mining faces, and accelerating stripping to access higher-grade ore.
The funds will be used to support a mini-pilot to confirm certain process design criteria and improvements to the NICO project metallurgical processes in Canada's Northwest Territories. .
Under the terms of the current JV agreement, IAMGOLD has the option to acquire an additional 5% interest for 80% by delivering a feasibility study on the Nelligan project.
