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IMG.TO ·

Provides Update ON Its Rosebel GOLD MINE

Corporate Updates

NEWS RELEASE

TSX:

IMG

NYSE:

IAG

IAMGOLD

PROVIDES UPDATE ON ITS ROSEBEL GOLD MINE

Toronto, Ontario

,

June

16

,

2020

–

IAMGOLD Corporation

(“IAMGOLD” or the “Company”)

advises

that

seven

personnel at its Rosebel Gold Mine

operation in Suriname (“Rosebel”)

have been diagnosed with

COVID

-

19. The individuals have been quarantined and are receiving medical care

as appropriate

.

Disinfection of their

living quarters and work areas

,

along with

contact tracing

,

is

ongoing.

This

is

the first

time Rosebel has

experienced

positive cases.

IAMGOLD

has taken extensive steps

,

at Rosebel and across its operations and offices,

to protect the

health and safety of employees, contractors and local communities in response to the global COV

ID

-

19

crisis.

At Rosebel, these steps include: s

ocial distancing

, implementation of a

ll sanitary measures in close

communication with health authorities

, s

ite access triage process

, reduction of the on

-

site

workforce to

essential services

only and addition

al

busses and medical personnel

.

T

he Company

additionally

advises that

the Rosebel Union has unfortunately chosen to use

one of the

se

preventative

measures,

which would support social distancing by reducing

the number of people sharing

accommodations

,

as the basis for

a work stoppage

.

Due to

U

nion resistance to

the implementation of

COVID

-

19 control measures, we are suspending operations until the appropriate

controls are in place to

protect the safety of all employees.

Rosebel’s management team

was

in regular communication with the Union

until the work stoppage. The

team

has

ongoing communication

s

with

employees, health authorities and

the

community

regarding

COVID

-

19 preventative measures and

the work stoppage

.

Rosebel’s management team

is

actively taking steps to resolve the

situation

.

Rosebel remains

committed

to ensuring the health and safety of its

employees, contractors and communities.

About IAMGOLD

IAMGOLD is a mid

-

tier mining company with three gold mines on three continents, including the Essakane

mine in Burkino Faso, the Rosebel mine in Suriname, and the Westwood mine in Canada. A solid base of

strategic assets is complemented by the Côté Gold de

velopment project in Canada, the Boto Gold

development project in Senegal, as well as greenfield and brownfield exploration projects in various

countries located in West Africa and the Americas. IAMGOLD is committed to maintaining its culture of

accountabl

e mining through high standards of ESG practices and employs

approximately 5,000

people.

IAMGOLD is listed on the Toronto Stock Exchange (trading symbol “IMG”) and the New York Stock

Exchange (trading symbol “IAG”).

IAMGOLD’s commitment is to Zero Harm, in

every aspect of its business. IAMGOLD is one of the companies

on the JSI index.

For further information please contact

:

Indi Gopinathan

, VP, Investor Relations & Corporate Communications, IAMGOLD Corporation

Tel: (416) 360

-

4743

Mobile: (416) 388

-

6883

Tol

l

-

free: 1

-

888

-

464

-

9999 [email protected]

Please note:

This entire news release may be accessed via fax, e

-

mail, IAMGOLD's website at www.iamgold.com and through Newsfile’s website

at

www.newsfilecorp.com

. All material information on IAMGOLD can be found at

www.sedar.com

or at

www.sec.gov

.

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Si vous désirez obtenir la version française de ce communiqué, veuillez consulter le

www.iamgold

.com/French/Home/default.aspx

.