Gold Mines was Iamgold’s largest segment in fiscal 2024, bringing in $1.08B of $1.03B (106%).
| Segment | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 |
|---|---|---|---|---|---|---|---|---|---|
| Gold Mines | $813.90M | — | $809.60M | $1.08B | |||||
| Operating Gold Mines | — | $1.12B | — | — | |||||
| Corporate | — | -$45.10M | $900.00K | -$57.50M | |||||
| Total | $813.90M | $1.08B | $810.50M | $1.03B |
Iamgold brought in $1.03B from its two segments in fiscal 2024, the year ended December 31, 2024. That was up 26.6% from $810.50M in fiscal 2023. Gold Mines was the largest at $1.08B (105.6%).
Iamgold stopped reporting Operating Gold Mines as a separate segment after fiscal 2022, when it brought in $1.12B. The total is net of Corporate, which took $57.50M off revenue in fiscal 2024.
Essakane was Iamgold’s largest segment in fiscal 2023, bringing in $809.60M of $986.20M (82%).
| Segments [axis] | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 |
|---|---|---|---|---|---|---|---|---|
| Essakane | — | — | — | $809.60M | ||||
| Burkina Faso | $715.00M | $813.90M | $883.30M | — | ||||
| Suriname | $380.50M | — | — | — | ||||
| Westwood Complex | — | — | — | $176.60M | ||||
| Canada | $146.20M | $61.60M | $120.60M | — | ||||
| Total | $1.24B | $875.50M | $1.00B | $986.20M |
Iamgold brought in $986.20M from its two segments in fiscal 2023, the year ended December 31, 2023. Iamgold regrouped these segments after fiscal 2022, so the total does not compare directly with that year's $1.00B. Essakane was the largest at $809.60M (82.1%), ahead of Westwood Complex at $176.60M (17.9%).
Iamgold began breaking out Essakane in fiscal 2023 and Westwood Complex in fiscal 2023. Iamgold stopped reporting Burkina Faso ($883.30M in fiscal 2022), Suriname ($380.50M in fiscal 2020) and Canada ($120.60M in fiscal 2022) as separate segments.
Iamgold (IAG) reports its revenue by segment and by segments [axis]. In fiscal 2024, Gold Mines was its largest segment, bringing in $1.08B (105.6% of the total).
Gold Mines was Iamgold's largest segment in fiscal 2024, bringing in $1.08B, or 105.6% of the $1.03B total across its two segments.
Every figure comes from Iamgold's annual financial filings, as reported. Each line keeps the name Iamgold gives it, and years follow its fiscal calendar.
Iamgold's revenue by segment goes back to fiscal 2016, with figures through fiscal 2024. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.