IAMGOLD corrects media report regarding Essakane mine
TORONTO, April 16, 2013
TORONTO, April 16, 2013 /PRNewswire/ - IAMGOLD Corporation ("IAMGOLD" or the
"Company") corrects information reported today concerning spending at the
Company's Essakane mine in Burkina Faso.
IAMGOLD is maintaining previously announced $300 million capital spending
plans for Essakane in 2013, of which approximately $200 million is required to
complete a project to expand its throughput capacity. This project
commenced construction in July of 2012 and is on budget and on time for
completion in the fourth quarter of this year. No other capital projects are
planned, contrary to a Thomson Reuters article published earlier today.
IAMGOLD (www.iamgold.com) is a leading mid-tier gold producer with six
operating gold mines (including current joint ventures) on three continents.
In the Canadian province of Québec, the Company also operates Niobec Inc., one
of the world's top three producers of niobium, and owns a rare earth element
resource close to its niobium mine. IAMGOLD is well positioned for growth with
a strong financial position and extensive management and operational
expertise. To grow from this strong base, IAMGOLD has a pipeline of
development and exploration projects and continues to assess accretive
acquisition opportunities. IAMGOLD's growth plans are strategically focused
on certain regions in Canada and select countries in South America and Africa.
This entire news release may be accessed via fax, e-mail, IAMGOLD's website at
www.iamgold.com and through CNW Group's website at www.newswire.ca. All
material information on IAMGOLD can be found at www.sedar.com or at
Si vous désirez obtenir la version française de ce communiqué, veuillez
consulter le http://www.iamgold.com/French/Home/default.aspx.
SOURCE IAMGOLD Corporation
Bob Tait,VP Investor Relations, IAMGOLD Corporation
Tel: (416) 360-4743 Mobile: (647) 403-5520
Laura Young, Director, Investor Relations, IAMGOLD Corporation
Tel: (416) 933-4952 Mobile: (416) 670-3815
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