Gold Producer Posts Q3 Beat on Lower Costs

Disclosures from BMO Capital Markets, IAMGOLD, Nov. 7, 2017

Analyst's Certification

I, Andrew Kaip, hereby certify that the views expressed in this report accurately reflect my personal views about the subject securities or issuers. I also certify that no part of my compensation was, is, or will be, directly or indirectly, related to the specific recommendations or views expressed in this report.

Analysts who prepared this report are compensated based upon (among other factors) the overall profitability of BMO Capital Markets and their affiliates, which includes the overall profitability of investment banking services. Compensation for research is based on effectiveness in generating new ideas and in communication of ideas to clients, performance of recommendations, accuracy of earnings estimates, and service to clients.

Analysts employed by BMO Nesbitt Burns Inc. and/or BMO Capital Markets Limited are not registered as research analysts with FINRA. These analysts may not be associated persons of BMO Capital Markets Corp. and therefore may not be subject to the FINRA Rule 2241 restrictions on communications with a subject company, public appearances and trading securities held by a research analyst account.

Company Specific Disclosures

Disclosure 8A: BMO Capital Markets or an affiliate has a financial interest in 1% or more of any class of the equity securities of IAMGOLD.

Disclosure 8C: BMO Capital Markets or an affiliate has a financial interest in 0.5% or more in the issued share capital of IAMGOLD.

Disclosure 9: BMO Capital Markets makes a market in IAMGOLD.

Disclosure 16: A BMO Nesbitt Burns Inc. research analyst has extensively viewed the material operations of IAMGOLD.

Disclosure 17: IAMGOLD has paid or reimbursed some or all of the BMO Nesbitt Burns Inc. analysts travel expenses.

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