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TSX :IMG : 4.36 -0.02 -0.46% Volume: 1,588,295 December 11, 2018
NYSE :IAG : 3.26 -0.01 -0.31% Volume: 4,289,464 December 11, 2018
GOLD PRICE: 1,243.27 -1.80 -0.14% Volume: December 11, 2018
guidance

Guidance

2018 Full Year Attributable Guidance1


2018

Essakane (000s oz.) 390 – 405
Rosebel (000s oz.) 280 – 295
Westwood (000s oz.) 125 - 135
Total owner-operator production (000s oz.) 795 – 835
Joint Ventures (000s oz.) 55 – 65
Total attributable production (000s oz.) 850 - 900

Cost of sales2 ($/oz) $765 - $815

Total cash costs 3 - owner-operator ($/oz.) $750 - $800
Total cash costs 3,4 ($/oz.) $750 - $800

All-in sustaining costs 3 - owner-operator ($/oz.) $990 - $1,070
All-in sustaining costs3,4 ($/oz.) $990 - $1,070

1The outlook is based on 2018 full year assumptions with an average realized gold price of $1,250 per ounce, U.S.$ / Canadian $ exchange rate of 1.26, € / U.S.$ exchange rate of 1.18 and average crude oil price of $54 per barrel.

2 Cost of sales, excluding depreciation, is on an attributable ounce sold basis (excluding the non-controlling interest of 10% at Essakane and 5% at Rosebel) and does not include Joint Ventures which are accounted for on an equity basis.

3 This is a non-GAAP measure. Refer to the non-GAAP performance measures section of this MD&A.

4 Consists of Essakane, Rosebel, Westwood and the Joint Ventures on an attributable basis.


2018 Capital Expenditure Outlook

($ millions) Sustaining Non-sustaining (Development/ Expansion) Total4
Owner-operator
Essakane 90 45 135
Rosebel 45 35 80
Westwood 25 40 65

160 120 280
Corporate and Development Projects2 - 25 25
Total Owner-Operator3 160 145 305
Joint ventures4 - - -
Total5 (±5%) 160 145 305

1 Sustaining capital includes capitalized stripping of $55 million for Essakane and $5 million for Rosebel.

2 Includes attributable capital expenditures for the Côté Gold Project (70%).

3 The outlook includes $38 million of capitalized exploration expenditures. Refer to the Exploration section of this MD&A.

4 Attributable capital expenditures of Sadiola (41%). Expansionary capital expenditures exclude the potential expansion of the Sadiola mine.

5 Capitalized borrowing costs are not included.

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