Iamgold Corporation · TSX:IMG
Iamgold — Investor Day (June 2010)
23 slides from Iamgold's investor day presentation, Jun 22, 2010
Slide 1: IAMGOLD Corporation Canada
| IAMGOLD’ CORPORATION CANADA Member of World Gold Council www.gold.org fe)
Slide 2: Westwood, Québec
Westwood, Québec June 22, 2010 Denis Miville-Deschênes Senior Vice President, Project Development
Slide 3: A Prolific Neighbourhood
A Prolific Neighbourhood Westwood Mouska Mic Mac Mooshla A/B Doyon Warrenmac Ellison Bousquet Bousquet La Ronde Penna La Ronde 1 2 1 Shaft 2 1.7 Moz Au 1.4 Moz Au 14 km 136
Slide 4: View of Westwood Project
View of Westwood Project Doyon Mine Mouska Mine 3 km Westwood Project 137
Slide 5: Westwood: A Key to Our Growth Platform
Westwood: A Key to Our Growth Platform 14 kms Planned Exploration shaft Bousquet 2kms 10 m / 11.5 g/t Au 5 m / 23 g/t Au La Ronde Westwood, Quebec, Canada CONSTRUCTION UPDATE IMG Ownership 100% Shaft advanced to 900m, 3.5 km ramp from surface and more than 3.7km of exploration and valuation drilli
Slide 6: Construction Update
Construction Update Updated scoping study results announced December 2009 Headframe and hoist room building are completed Installation of the production hoist substantially completed at 80% and the service hoist at 30% First silo is now operational and the main ventilation system operational
Slide 7: Project Schedule
Project Schedule 2009 CURRENT SCHEDULE Pilot hole and raise boring Headframe construction Shaft Phase I (above (above1,200m) 1,300m) Shaft Phase II (1,200m (1,300m to 1,600m) 1,600m) Shaft Phase III (1,600m to 2,600m) Production above 1,040m Production – 1,040m to 1,600m Production below 1,600m 140
Slide 8: Westwood Update Resource
Westwood Update Resource QUEBEC as of June 22, 2009 Updated resource calculation incorporating additional drilling information since June 2009 (76,355m) to be updated later this year Current drill database = 249,900m 46 lenses in three identified mineralized corridors Usually gold mineraliza
Slide 9: Resources at June 22, 2009
Resources at June 22, 2009 Tonnage Grade Au June 22, 2009 (000) (g/t) (000 oz) Indicated Resources 408 7.5 98 Inferred Resources 9,352 11.4 3,431 Individual lenses capped at 15 g/t Au over 2m (often based on few drill holes) 142
Slide 10: Zone 2 Extension Longitudinal Section
Zone 2 Extension W Westwood Project E Doyon Mine Composite Longitudinal Section A-A’ of Zone 2 Extension 5000 m Main Pit Zone 1 S01337-08 S01333-08 S01307-08 S01339-08 S01335-08 S01332-08 S01307A-08 S01336-08 S01324-08 S01297-08 1124-08ext S01321-08 S01334-08 873-08ext S01319-08 S01318-08 S01320-08
Slide 11: North Corridor Longitudinal Section
North Corridor W Doyon Mine Westwood Project E Composite Longitudinal Section B-B’ of 5000 m S01337-08 S01335-08 Main Pit S01334-08 S01307-08 S01333-08 S01336-08 S01319-08 S01324-08 S01307A-08 S01332-08 S01339-08 S01297-08 Zone 1 873-88Ext S01318-08 S01341-09 S01320-08 1124-08Ext S01321-08 S01309-08
Slide 12: Westwood Corridor
Westwood Corridor Westwood Project W Doyon Mine Composite Longitudinal Section C-C’ of Westwood Corridor E 5000 m S01336-08 Main Pit S01307-08 S01324-08 S01297-08 873-88Ext S01318-08 S01309-08 S01341-09 S01339-08 S01321-08 S01320-08 Zone 1 S01325-08 S01322-08 S01340-09 S01298-08 3.1/3.5 (2.1) S01313
Slide 13: Construction Evolution
CONSTRUCTION Westwood QUEBEC EVOLUTION December 2008 Shaft raise boring at 300m out of 840m December 2009 519m of shaft completed 146
Slide 14: Site Construction
11.66.2010 10:20 4 IAMGOLD
Slide 15: 2010 Goals
2010 Goals Drilling 71,500m Shaft to advance to 1,300m by year end Ventilation raise 6m diam. by end of June Delayed to Sept. but will not affect overall plan 11,000m of horizontal and vertical development Second bulk sample Continue construction activities Production and service hoi
Slide 16: Canadian Operations
Canadian Operations June 22, 2010 Gordon Stothart Executive Vice President & Chief Operating Officer
Slide 17: Doyon Division
Doyon Division IMG Ownership: 100% Reserves & Resources (oz) P&P Reserves1 53,000 M&I Resources2 398,000 Inferred Resources 633,000 Production (oz) Mouska mine extended to early 2012 2009 109,000 2008 118,000 Doyon mine extended for 7 months in 2009 Cash Cost ($/oz) 2010: Closure activities un
Slide 18: Niobec: Long Life, High Margin Producer
Niobec: Long Life, High Margin Producer IMG Ownership: 100% Reserves & Resources (M kg Nb2O5) M&I Resources1 181.3 Inferred Resources 219.1 Production (M kg Nb) 2010E 4.2-4.4 2009 4.1 2008 4.4 Continues to provide significant cash flow to fuel growth strategy Operating Margin ($/kg) • 15-20% of ov
Slide 19: Niobium Market
Niobium Market Niobium used in specialty high strength steel Limited substitution threat 7% of global supply from Niobec 93% of global supply from Brazil Largest producer is disciplined Niobec: hundreds of contracts with buyers worldwide 152
Slide 20: Niobec: Paste Backfill Project
Niobec: Long Life, High Margin Producer Paste Backfill Project Completed on budget ($18.9M) and on schedule Plant currently operating 12 hours per day for break-in period Project will increase ore body extraction to ~90% vs ~35% in the lower levels without backfill Results: • Additional rese
Slide 21: Niobec: Mill Expansion Project
Niobec: Long Life, High Margin Producer Mill Expansion Project Niobec mill throughput currently 210 tph New hoist in 2007-08 designed hoisting capacity of 260 tph • Mining of lower block provides opportunity increase the mine production capacity to match the shaft capacity Designed to increase
Slide 22: Niobec's Future
Niobec’s Future Maximize potential and contribution to IAMGOLD 155
Slide 23: Canada Q&A
| IAMGOLD’ CORPORATION CANADA Q&A Member of World Gold Council www.gold.org fe)