IAMGOLD Corporation engages in the exploration for, and the development and production of, mineral resource properties worldwide. Properties In Canada, the company owns the Westwood mine in Québec and the Côté Gold project, a development project located in Ontario. Doyon Division - Westwood Mine The Westwood mine, which is directly owned by the company, is located in the Bousquet Township approximately 40 kilometres east of Rouyn-Noranda, Québec. The Westwood property is part of the Doyon division mining property, which consists of a mining lease for the Westwood mine (B.M. 1002, registered in 2012), a mining lease for the past producing Doyon mine (B.M. 695), 2 mining leases for the past producing Mouska mine (B.M. 800 and 843) and 78 map designated cells for a total surface area of 2,874.74 hectares. In 2014, the Ministry completed a conversion process to replace all ground-staked mineral claims forming the Doyon and Mouska mines properties in designated cells to simplify the land tenure system. Three tailing surface leases (P.R. 999780, P.R. 999794 and P.R. 999803) are superimposed over part of the property. The company holds title to all of those claims and leases at 100 per cent. The claims are all situated in the Bousquet Township. CÔté Gold Project The Côté Gold project consists of a collection of properties assembled through staking and various option agreements. The Côté Gold project area is located southwest of Gogama, Ontario, and extends from Esther Township in the west to Champagne Township in the east, a distance of approximately 57 kilometres. The properties cover an area of approximately 516 square kilometres. This area is in the Porcupine Mining Division. The Côté Gold project area comprises 10 property groups, including Chester, Sheridan Option, Trelawney Mining & Exploration, Ontario 986813 Ltd., Sanatana Option, Trelawney Augen Acquisition Corp. East (Sanatana right of first refusal) and West, Huffman Lake Option, Falcon Gold Option, and Leliever properties. The Chester Property, within which the Côté Gold deposit is located, includes 47 claims, 30 patents, 3 mining licenses of occupation and 4 leases with a total area of approximately 1,701.322 hectares. Mining Activities – International Africa: Burkina Faso – Essakane Gold Mine The Essakane mine straddles the boundary of the Oudalan and Seno provinces in the Sahel region of Burkina Faso and is approximately 330 kilometres northeast of the capital, Ouagadougou. It is situated approximately 42 kilometres east of the nearest large town and the provincial capital of Oudalan, Gorom-Gorom, and near the village of Falagountou to the east. All the Essakane Exploration Permits and the Essakane Mining Permit are located on contiguous ground. The Essakane main zone deposit (the ‘EMZ deposit’) and the Falagountou resource (together, the ‘Essakane Mining Permit’) are located within a 100.2–square-kilometre mining exploitation permit area. The permit area is surrounded by seven exploration permits (the ‘Essakane Exploration Permits’) totalling 1,260.59 square kilometres. Africa: Mali - Sadiola Mine The Sadiola mine consists of an open pit mining operation exploiting the Sadiola gold deposit, associated carbon-in-pulp processing plant, townsite and infrastructure at Sadiola, in Mali. The Sadiola mine area is located in the extreme west of the Republic of Mali, West Africa near the border of Senegal and Mali, approximately 70 kilometres south of Kayes, the regional capital. The Sadiola mine is owned by La Société d’Exploitation des Mines d’Or de Sadiola S.A., which holds the mining rights for gold, silver (and related substances) and platinoids for the mining permit area in Mali (the ‘Sadiola Mining Permit’) in which the Sadiola mine is located. The Sadiola Mining Permit covers an area of 302 square kilometres. South America: Suriname - Rosebel Mine The Rosebel property is located in Suriname, South America, approximately 80 kilometres south of the city of Paramaribo, the capital of Suriname. The Rosebel mining concession covers 17,000 hectares in the District of Brokopondo, between the Suriname River to the East and the Saramacca River to the West, and is surrounded by exploration concessions covering an additional surface area of 99,633 hectares. The property is held by Rosebel Gold Mines N.V., a 95 per cent-owned subsidiary of the company. Markets and Customers All gold produced by the company is in the form of doré bars, which is sold directly to gold refineries in North America and Europe. History The company was founded in 1990. It was incorporated under the Canada Business Corporations Act in 1990. The company was formerly known as IAMGOLD International African Mining Gold Corporation and changed its name to IAMGOLD Corporation in 1997.
(IMG:Toronto Stock Exchange)
401 Bay Street
Toronto, ON M5H 2Y4
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