Iamgold Corporation · TSX:IMG

Iamgold — Scotia Capital Conference 2011

25 slides from Iamgold's conference presentation, Jun 8, 2011

  1. Slide 1: Scotia Capital Conference 2011: IAMGOLD Focus on South America

    SCOTIA CAPITAL CONFERENCE 2011 IAMGOLD Focus on South America Steve Letwin President & CEO June 8, 2011 1 TSX: IMG NYSE: IAG

  2. Slide 2: Cautionary Statement

    Cautionary Statement This presentation contains forward-looking statements. All statements, other than of historical fact, that address activities, events or developments that the Company believes, expects or anticipates will or may occur in the future (including, without limitation, statements rega

  3. Slide 3: Social Responsibility and Zero Harm

    Social Responsibility and Zero Harm 3

  4. Slide 4: Recognition for Corporate Social Responsibility Performance

    Recognition for Corporate Social Responsibility Performance CIM 2011 Syncrude Award for Excellence in Sustainable Development PDAC 2011 Environmental and Social Responsibility Award Corporate Social Responsibility Award, Algonquin College Ranked 3rd in 2010 Corporate Social Responsibility ranking of

  5. Slide 5: IAMGOLD in the world

    IAMGOLD in the world Camp Caiman, French Guiana (100% owned) 5

  6. Slide 6: New Strategic Focus

    New Strategic Focus IAMGOLD OTHER ESSAKANE, 55% to 65% 35% to 45% ROSEBEL, EXPLORATION SADIOLA, & YATELA FUTURE & ACQUISITIONS WESTWOOD BROWNFIELD GREENFIELD NIOBIUM MINE OPPORTUNITIES OPPORTUNITIES NIOBEC (100%) 66

  7. Slide 7: Why IAMGOLD Excels in South America

    Why IAMGOLD Excels in South America  Established strong relationships  On the ground presence by senior executives  Internationally recognized Corporate Social Responsibility  Extensive experience in South America  Gord Stothart EVP, COO  Mike Donnelly SVP, Exploration  Ross Gallinger SVP, He

  8. Slide 8: IAMGOLD in South America

    IAMGOLD in South America Rosebel, Suriname Guyana Camp Caiman, French Guiana COLOMBIA Quimsacocha, Ecuador BRAZIL PERU Argentina Uruguay Operation Development Project Operating Mine Greenfield Presence Development Project Exploration Office Exploration Interest, No Presence No Interest 8

  9. Slide 9: IAMGOLD: Agenda for South America

    IAMGOLD: Agenda for South America Operation  Suriname  Ecuador Development Projects  French Guiana Greenfield Exploration  Suriname  Brazil Presence  Peru  Colombia  Chile  Guyana Interest, no presence  Argentina  Paraguay  Uruguay  Bolivia No interest  Venezuela 9

  10. Slide 10: Rosebel in Suriname

    Rosebel in Suriname Rosebel Suriname W.Charmagne ~500 koz ~500 koz ~300 koz 10

  11. Slide 11: Rosebel

    Rosebel Solid Platform in Completed 1,500 Management Outperformed Suriname expansion of Surinamese breakthrough industry average mills and leach employed philosophy in Zero Harm tanks 36% taxes and Production level Dedicated to Employees as Partner of Choice 6.5% cash 400,000 ounces developing skill

  12. Slide 12: Rosebel

    Rosebel IMG Ownership: 95%  Q1’11 attributable production of 100,000 ozs is 7% Attributable Reserves & Resources (oz) higher than Q1’10 P&P Reserves1 5,892,000  Contributes 40+% of attributable production M&I Resources2 7,531,000 Inferred Resources 609,000  Fourth mine optimization expansion unde

  13. Slide 13: Reserve growth outpaces cumulative gold production

    Reserve growth outpaces cumulative gold production Rosebel Cumulative Ounces Mined and Reserves (100% basis) 000 ozs 9,000 6,202 8,000 7,000 5,094 6,000 5,000 3,716 3,817 3,403 4,000 3,212 3,000 2,537 2,000 2,382 2,668 1,000 2,142 1,371 1,730 19 735 1,053 389 0 '03 '04 '05 '06 '07 '08 '09 '10 Cumula

  14. Slide 14: Rosebel Current Expansion

    Rosebel Current Expansion Current configuration: Expansion: Result:  Throughput 12 Mtpa of soft rock;  Mill throughput maintained at  Reduces long-term fixed costs by <6Mtpa of hard rock 12-14 Mtpa (even with increased accelerating production  Strip ratio: 3+ hard rock volumes)  Cash flow broug

  15. Slide 15: Rosebel 2010 Near-mine Drilling Program

    Rosebel 2010 Near-mine Drilling Program 2010 95,000 m Resource development Drilled 17,000 m Exploration $23.3 M Spent $14.7 M – Near Mine $8.6 M – Regional Reserves grew >1 Moz Result1 net of depletion 1100% of Reserves and Resources 15

  16. Slide 16: Rosebel Future Expansion Opportunities

    Rosebel Future Expansion Opportunities 2010 Brownfield exploration program: Ore Bodies  94,000+ m drilled J-Zone  Important extensions to Koolhoven & Royal Koolhoven Pay Caro & E. Pay Caro Hill Rosebel  1.1 Moz added to reserves net of depletion Royal Hill Roma Mayo 2010 Greenfield exploration fo

  17. Slide 17: Development: Ecuador – Quimsacocha Project

    Development: Ecuador – Quimsacocha Project  Strong Canadian mining project presence in country  Quimsacocha identified by the government as a priority project  Government has commenced the process of mining contract negotiations  Effective Canadian diplomatic presence  Commitment to developing

  18. Slide 18: Development: French Guiana – Camp Caiman Project

    Development: French Guiana – Camp Caiman Project  Focus on liberating shareholder value  Litigation against the Prefect of French Guiana ongoing  Continued engagement at local, national and diplomatic levels  Support of new regional president 18

  19. Slide 19: South America Exploration

    South America Exploration Exploration Portfolio Exploration Budget Drilling ($millions) (metres) Suriname 6.0 98,000 Brazil 4.0 3,000 Peru 3.5 3,500 Colombia 2.6 19

  20. Slide 20: Suriname: 2011 Exploration Budget - $6.0 M

    Suriname: 2011 Exploration Budget - $6.0 M Suriname Projects Paramaribo  Charmagne • Budget $3.2 M • 2,500 m resource drilling • 4,500 m extension drilling NASSAU ROSEBEL  Rosebel District • Budget $1.4 M • 1,250 m exploration drilling  Sarakreek & Tapanahoney • Budget $0.8M Sarakreek & Tapanahon

  21. Slide 21: Brazil: 2011 Exploration Budget - $4.0 M

    Brazil: 2011 Exploration Budget - $4.0 M Brazil Projects Project Generation  Project Generation (Para) • Budget $0.7 M South Para • Reconnaissance  South Para • Budget $1.0 M Tocantins • Greenfields exploration Pitangui  Pitangui Minas Gerais • Budget $0.9 M • 2,000 m exploration drilling  Minas

  22. Slide 22: Peru: 2011 Exploration Budget - $3.5 M

    Peru: 2011 Exploration Budget - $3.5 M Active Projects  Moquequa ($0.8 million)  Established land position adjacent to major new discovery by Goldfields- Conchucos Buenaventura  Extensive moderate I.P. chargeablity anomaly 750m from high grade intercepts  Candelaria ($0.8 million)  2,150 m dril

  23. Slide 23: Colombia Exploration Strategy

    Colombia Exploration Strategy  Extraordinary gold potential – 95 Moz historic production (1500-2010)  Little modern day exploration – currently producing only 1+ Moz pa  Robust greenfields opportunities for IAMGOLD to gain an early position in a highly endowed gold terrain  Pursue prioritized di

  24. Slide 24: Summary: Why IAMGOLD Excels in South America

    Summary: Why IAMGOLD Excels in South America  Established strong relationships  On the ground presence by senior executives  Internationally recognized Corporate Social Responsibility  Extensive experience in South America 24

  25. Slide 25: Contacts

    Contacts: Bob Tait, VP Investor Relations T: 416 360 4743 C: 647 403 5520 Laura Young, Director Investor Relations T: 416 933 4952 IAMGOLD Corporation 401 Bay Street, Suite 3200 Toronto, ON M5H 2Y4 Canada E: [email protected] 25TSX: IMG NYSE: IAG

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