IAMGOLD receives government funding for electrification projects at Côté Gold
The Honourable Steven Guilbeault, Canada’s Minister of Environment and Climate Change; Marc G. Serré, Member of Parliament for Nickel Belt; and Viviane Lapointe, Member of Parliament for Sudbury, announced an investment of up to C$1.48 million ($1.03 million) from the Low Carbon Economy Fund to help IAMGOLD Corporation reduce greenhouse gas emissions from its mining operations at its Côté Gold mine in Sudbury, Ontario.
As part of the project, the IAMGOLD Côté Gold mine will acquire electric-powered dewatering pumps and mobile lighting towers, replacing the diesel-powered equipment currently in use at the mine. IAMGOLD will also upgrade the mine’s on-site electrical infrastructure to support these new components, as well as an aggregate crusher that was previously powered by a diesel generator. This project will provide clean energy to the mine’s operations and additional electric grid resilience for the accommodations camp and polishing pond pump house, significantly reducing the reliance on diesel, the company says.
By switching from diesel-driven equipment to cleaner electricity, the project is set to eliminate an estimated 7,500 t of carbon dioxide equivalent (CO2e) emissions in 2030.
Projects supported by the Low Carbon Economy Fund are helping sectors like the mining industry work toward innovative solutions that will allow the company to reduce emissions and create jobs while building a strong, sustainable future for generations to come, the government says.
Guilbeault said: “Reducing emissions and protecting our planet takes bold and innovative action. The Low Carbon Economy Fund is supporting cleaner energy solutions that can decarbonise key industries, like the mining sector. IAMGOLD’s electrification project is another example of how we can advance sustainable practices in key sectors when we work together.”
Bryan Wilson, Vice President and General Manager, Côté Gold mine, said: “Receiving funding through the Low Carbon Economy Challenge Fund has allowed Côté Gold to take a significant step forward in our commitment to sustainability and operational efficiency. This investment will allow us to reduce our reliance on diesel while modernising our pit pumping with infrastructure powered by low-carbon electricity. These upgrades align with our long-term vision of improving energy efficiency, reducing our carbon footprint and enhancing the overall reliability of our operations.”
The Low Carbon Economy Challenge Fund is supporting projects across the country that invest in proven, low-carbon technologies to reduce greenhouse gas emissions. It is an important part of Canada’s clean growth and climate action plans, including the Pan-Canadian Framework on Clean Growth and Climate Change and the 2030 Emissions Reduction Plan – Canada’s Next Steps for Clean Air and a Strong Economy.
Côté Gold, operated by IAMGOLD, is a gold operation near Sudbury, serviced by autonomous haul trucks and drills with an estimated 18-year mine life. It began commercial production in 2024.
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