Iamgold Corporation · TSX:IMG
Iamgold — Investor Day (2009)
27 slides from Iamgold's investor day presentation, 2009
Slide 1: South America
1 Operations Development Projects SOUTH AMERICA Exploration
Slide 2: Rosebel Suriname - IAMGOLD's Flagship Mine
2 Rosebel SURINAME IAMGOLD’s Flagship Mine • OPERATIONS • Rosebel is IAMGOLD’s flagship operation, currently providing nearly one third of the company’s gold production • Record 2008 production up 20% to 315K oz • 2008 M&I resources up 17% or 1.7M oz • Acquisition of royalty reduces costs by $50 per
Slide 3: Rosebel Cost Control
3 Rosebel Cost Control Mining Unit Costs 2.00 1.80 $/ Tonne Mined 1.60 Actual Target 1.40 1.20 1.00 2006 2007 2008 2009 2010 Note : Target value for 2009 Target
Slide 4: Rosebel Mill Expansion
4 Rosebel Mill Expansion 2008/09 Mill Optimization & Expansion Project • Production increase from nominal 8.0 Mtpa to 11.0 Mtpa (30.1 ktpd) • Investment $44 M, project completed on budget: • Coarse Ore Feeder • Ball Mill 2 / Pebble Circuit • Gravity • Leach / CIL • Stripping • Primary installation c
Slide 5: Rosebel Strategic Priorities
5 Rosebel SURINAME Strategic Priorities • Exploit improved asset base (expanded mill and new mine equipment), to realize maximum productivity and profitability • Continued implementation of “Breakthrough” philosophy • Change the cultural setting of the operation • leverage Safety leadership working
Slide 6: Quimsacocha Ecuador - Ready to Resume Development
Quimsacocha ECUADOR Ready to Resume Development
Slide 7: Quimsacocha Ecuador - Ready to resume development
7 Quimsacocha ECUADOR Ready to resume development PROJECT OVERVIEW • Indicated Resources of 2.1 million oz at grading of 6.6 g/t • Inferred Resources of 61 thousand oz at grading of 6.3 g/t • Estimated average annual gold production of over 200,000 oz per year for 7.5 years DEVELOPMENT • Capital
Slide 8: Quimsacocha Capital Budget
8 Quimsacocha ECUADOR Capital Budget (in millions) Project Total (US 000) Studies and Support Activities 14.0 (initial period) Mine Development 4.7 Mine Equipment & Facilities 26.2 Mobile Equipment - Surface 3.6 Powerline, Roads and Buildings 29.4 Processing Facilities 131.2 Tailings and Water Manag
Slide 9: Quimsacocha Reserves & Resources
9 Quimsacocha ECUADOR Reserves & Resources – December 31, 2008 Dec 31, 2008 Tonnage Grade Au (000) (g/t) (000 oz) Probable Reserves 8,098 6.5 1,682 Indicated Resources 9,935 6.6 2,107 Inferred Resources 299 6.3 61
Slide 10: Quimsacocha Development Update
10 Quimsacocha ECUADOR Development Update Pre-feasibility study completed mid 2008 Apr. 2008: Mining Mandate passed by Ecuador, 180 day moratorium on mining. Jan. 2009: New mining law ratified; royalties not less than 5% on gold. Feb. 2009: Meeting with President Correa and government minist
Slide 11: Quimsacocha Project Pipeline
11 Quimsacocha ECUADOR Project Pipeline Production begins in mid 2012 2009 2010 2011 2012 Drilling POX Plant Location Selection Feasibility Study Roads & Power line Plants & Other Infrastructure Mine Development Production 2009 2010 2011 2012
Slide 12: Camp Caiman French Guiana
Camp Caiman FRENCH GUIANA
Slide 13: Camp Caiman Project Overview
13 Camp Caiman FRENCH GUIANA Project Overview PROJECT OVERVIEW • Significant low cost deposit • M&I Resources of 1.6 million oz at grading of 2.8 g/t • Inferred Resources of 249 thousand oz at IMG Ownership 100% 2.1 g/t Location French Guiana • Estimated average annual gold production M&I Resource
Slide 14: Camp Caiman Development Update
14 Camp Caiman FRENCH GUIANA Development Update 2008 French Government: • Acknowledged the Camp Caiman project met all technical, legal & environmental requirements • Declared moratorium on all mining activities in French Guiana • To protect shareholders we filed a claim against the French Governm
Slide 15: Exploration - Africa
EXPLORATION - AFRICA 15 WEST AFRICA Emphasis on West Africa Sadiola Corporate office established Yatela in Dakar Essakane Dakar Active programs in: - Burkina Faso Tarkwa Damang - Senegal - Mali Mupane
Slide 16: Suriname - Exploration
16 SURINAME - Exploration Paramaribo 2,250 Km2 land position Rosebel $13.5 M near-mine exploration program at Rosebel $5.9 M district and Sarakreek Tapanahony regional Program - Near mine $3.4 - Sarakreek $2.5 Suriname Sarakreek Guyana French - 4,000 m drill program Guyana - Q2 start-up Braz
Slide 17: Suriname - Rosebel Near-Mine Exploration
17 SURINAME - Rosebel Near-Mine Exploration N
Slide 18: Suriname - Rosebel Regional Exploration
18 SURINAME – Rosebel Regional Exploration Charmagne 2009 OBJECTIVES Complete soil geochemistry coverage and screen land package Mamacreek 10,000 metres drilling planned Triangle - 3,000 m completed at Saisamauw Mamakreek – narrow zones Blauwe Tent intersected Complete initial evaluation of pr
Slide 19: Suriname - Rosebel Regional Exploration
SURINAME – Rosebel Regional Exploration 19 Charmagne District Exploration 806 Km2 land package Auger geochemical sampling Mamacreek to be completed mid-2009 Triangle Charmagne lands added in 2008 – Au anomalous trend Saisamauw Blauwe Tent identified – drill ready Kraboe Doin Auger Au Geochemis
Slide 20: Suriname - Sarakreek Project
SURINAME - Sarakreek Project 2009 Progress Sarakreek & Tosso Creek SARAKREEK 9,213m DDH from Q4 2007 – Q1 2009 (87.5 % IMG) Numerous intercepts in 3 zones Deep auger geochemistry program on-going $2.2 M budget 2008 Tapanahony $2.5 M budget 2009 Sarakreek 4,000 m drill program to commence
Slide 21: Guyana - Eagle Mountain
21 GUYANA - Eagle Mountain Venezuela Eagle Mountain 2009 Fish Creek budget $1.1 M La Cristinas (16 Moz) 3,000 m DDH campaign Georgetown completed Q2 Aurora (4.6 Moz) New Resource estimate Q4 Concept Study Omai (> 5 Moz) Eagle Mountain Suriname Brazil 0 60 120 Guyana kilometers
Slide 22: Guyana - Eagle Mountain
22 GUYANA - Eagle Mountain Gold mineralization associated with near surface, SW-dipping, shear zones Hosted in granodiorite 500m Gold Distribution in Saprolite Contoured auger data (3m composite samples) >1.5 g/t Au 0.5 - 1.5 g/t Au
Slide 23: Eagle Mountain Inferred Resources
23 GUYANA - Eagle Mountain Eagle Mountain Inferred Resources Cut-off Volume Density Tonnage Au-cap g/t (000's m3) (t/m3) (000's t) g/t oz 0.3 4,612 2.63 12,111 0.99 386,300 0.5 3,581 2.61 9,333 1.17 350,200 Fresh Rock 0.7 2,528 2.61 6,599 1.41 300,000 1.0 1,755 2.63 4,622 1.65 245,400 0.3 4,867 1.59
Slide 24: Guyana - Eagle Mountain
24 GUYANA - Eagle Mountain Mineralization open down-dip to southwest Zion Essakane Surface expression Kilroy of mineralization N 100m open
Slide 25: Brazil - Minas Gerais
BRAZIL – Minas Gerais Brazil 0 750 1,500 kilometers 200,000 ha In the most prolific gold belt in Brazil
Slide 26: Brazil - Minas Gerais
BRAZIL – Minas Gerais 26 17th Century Workings $ 2.6 M budget 2009 ($1.9 M in 2008) 4,000 m drilling Regional targeting Multi-year district play
Slide 27: Brazil - Minas Gerais
27 BRAZIL - Minas Gerais 10.8 g/t @ 0.61m 11.2 g/t @ 0.60 m