Iamgold Corporation · TSX:IMG
Iamgold — Investor Day (June 2010)
38 slides from Iamgold's investor day presentation, Jun 22, 2010
Slide 1: South America
# IAMGOLD’ CORPORATION SOUTH AMERICA Member of World Gold Council = www.gold.org O
Slide 2: South America: Business Environment
South America: Business Environment June 22, 2010 Benjamin Little Vice President, Corporate Affairs
Slide 3: South America: Four Principal Differences
South America: Four Principal Differences Depth of engagement of the Government of Canada Canadian-based competitors Politicization of mining Diverse political landscape 98
Slide 4: Risk Management: A Global Approach
Risk Management: A Global Approach 99
Slide 5: Risk Management: Suriname
Risk Management: A Global Approach Suriname: • Presidential elections: May 25, 2010 • Election monitoring 6 months in advance • Publicizing the direct benefits generated by Rosebel • Media tracking and analysis • Early identification of risk • No significant surprises or issues 100
Slide 6: Risk Management: Ecuador
Risk Management: A Global Approach Ecuador: • Strong alliance of Canadian-based companies (CONMIN) • Effective Canadian diplomatic presence • Commitment to developing a modern, responsible mining sector • Preference for Canadian mining companies • New mining law and regulations • Fundamental align
Slide 7: Risk Management: French Guiana
Risk Management: A Global Approach French Guiana: • Q4 2009 impairment charge for Camp Caiman • Focus on liberating shareholder value • Litigation against the Prefect of French Guiana • Favourable Administrative Tribunal decision • Continued engagement at local, national and diplomatic levels • Ne
Slide 8: Global Corporate Affairs Program – Key Features
Risk Management: A Global Approach Global Corporate Affairs Program – Key Features: • Systematic issue tracking and management • Engagement • Partnership • Reputation • Competitors • Corporate support to regions • Global pool of talent 103
Slide 9: Rosebel, Suriname
Rosebel, Suriname June 22, 2010 Gordon Stothart Executive Vice President & Chief Operating Officer
Slide 10: Rosebel: Record Gold Production in 2009
Rosebel: Record Gold Production in 2009 IMG Ownership: 95% Reserves & Resources (oz) P&P Reserves1 4,840,000 M&I Resources2 6,870,000 Inferred Resources 894,000 Attributable production (oz) 2010E 380,000 - 400,000 2010 Q1 93,000 2009 392,000 2008 315,000 Q1 2010 production increased 12% to 93 Koz
Slide 11: Rosebel Reserve Trend
Rosebel Reserve Trend Cumulative Production and Reserves(1) 000 oz Discovery and Conversion cost between 2004 and 2009 was $10/oz *(1) 100% of Production and Reserves 106
Slide 12: Rosebel: Current Status
Rosebel: Current Status Solid Platform in Completed 1,500 Management Outperformed Suriname expansion Surinamese breakthrough industry average program in 2009 employed philosophy in Zero Harm 36% taxes and Production level Dedicated to Employees as Partner of Choice 5% royalties paid 400,000 ounces d
Slide 13: Rosebel: 2010 Exploration Program
Rosebel: 2010 Exploration Program 2009 2010E 86,000m 81,000m Drilled Resource development Resource development $18M $20M Spending $12M – Near Mine $13M – Near Mine $6M – Regional $7M – Regional 1.4M oz Target: 1.0M oz Result (1) after depletion after depletion *(1) 100% of Reserves and Resources 108
Slide 14: Rosebel: 2010 Exploration Program
Rosebel: 2010 Exploration Program N Mayo Mayo Section 44820E 109
Slide 15: Rosebel: 2010 Exploration Program
Rosebel: 2010 Exploration Program N ROSEBEL Section 59155E ROSEBEL 110
Slide 16: Rosebel: 2010 Exploration Program
Rosebel: 2010 Exploration Program KOOLHOVEN N KOOLHOVEN 111
Slide 17: Rosebel: 2010 Exploration Program
Rosebel: 2010 Exploration Program J ZONE Section 21925E J ZONE 112
Slide 18: Rosebel: 2010 Exploration Program
Rosebel: 2010 Exploration Program N PAY CARO Section 22225E PAY CARO 113
Slide 19: Rosebel: 2010 Exploration Program
Rosebel: 2010 Exploration Program ROYAL HILL N ROYAL HILL N Section 49715E 114
Slide 20: Rosebel: 2010 Exploration Program
Rosebel: 2010 Exploration Program New Trend Pay Caro Trend Mayo-RH Trend 115
Slide 21: Rosebel’s Future…
Rosebel’s Future… Mt Milling Capacity Production exceeded nameplate capacity $12M to expand leaching capacity Growth = ↑Reserves & Resources + ↑Production + ↓Costs 116
Slide 22: South America - Exploration
South America - Exploration June 22, 2010 Michael Donnelly Senior Vice President, Exploration
Slide 23: South America: 2010 Exploration Portfolio
South America 2010 Exploration Portfolio Suriname • Budget $20.0M ($12.5M capitalized) • 91,750m drilling Brazil • Budget $4.5M • 8,000m exploration drilling Peru • Budget $2.7M • 3,000m exploration drilling Guyana • Budget $1.4M Colombia • Budget $1.1M 118 118
Slide 24: Suriname: 2010 Exploration Budget - $20M
Suriname: 2010 Exploration Budget - $20M Rosebel Suriname Atlantic Ocean 2009 Achievements South Venezuela America Guyana French Guiana • Increased Reserves by 1.7 Moz Colombia Ecuador PARAMARIBO • Exploration Discovery Charmagne Prospect Brazil Peru PARANAM 2,250.6 km² concessions Saramacca B
Slide 25: Suriname: Rosebel District – 2010 Regional Exploration Targets
Suriname: Rosebel District – 2010 Regional Exploration Targets 10 km Discovery at Charmagne Charmagne • Option to purchase 100% • No royalty to vendors • Solid land position Three drill-ready near-mine targets • Kraboe Doin Blauwe Tent • Brink’s Granite Brinks Granite • Blauwe Tent Kraboe Doin 1
Slide 26: Suriname: Kraboe Doin Prospect
Suriname: Kraboe Doin Prospect B Three distinct anomaliesB’along +10km A long trend Anomalism coincident with volcanic-sedimentary contact 2,400m DD program planned 121 121
Slide 27: Suriname: Charmagne Prospect 2009 Results
Suriname: Charmagne Prospect 2009 Results 7.5m @ 0.95g/t Au from 6.0m 3.0 km gold anomalous trend defined by auger 4.5m @ 2.44g/t Au from 9.0m (>0.1g/t Au) and rock 46.5m @ 2.39g/t Au from 46.3m sampling (>0.5g/t Au) 3m @ 1.12g/t Au from 103.5m Mapping has delineated 3m @ 1.07g/t Au from 112.5m
Slide 28: Suriname: Charmagne Prospect – Upside Potential
Suriname: Charmagne Prospect – Upside Potential Planned 2010 DD hole Mapped Silicification 50ppb Au auger contour 123
Slide 29: Suriname: Section A - A’
Suriname: Section A - A’ A’ A 46.5m @ 2.39g/t Au 12m @ 1.04g/t Au 9.3m @ 2.12g/t Au 4.4m @ 1.23g/t Au Alteration Outline 100m 124
Slide 30: Suriname: Section B – B’
Suriname: Section B – B’ 14.3m @ 0.96g/t Au 9m @ 0.54g/t Au 13m @ 0.62g/t Au B’ B 46.5m @ 0.55g/t Au 19.5m @ 1.34g/t Au 15m @ 0.79g/t Au 33m @ 1.0g/t Au 100m 125
Slide 31: Brazil: 2010 Budget – $4.5M
Brazil: 2010 Budget – $4.5M Minas Gerais • 2010 Budget: $2.4M Belem • 5,000m DD drilling Para • 2010 Budget: $1.1M Para • 3,000m DD drilling Palmas Tocantins Rio Grande Do Sul • Votorantim-IMG JV • 7,164m drilling in 2009 Minas Gerais Belo Horizonte • Targeting Pb-Zn-Ag (Cu Au) epithermal mine
Slide 32: Brazil: Minas Gerais
Brazil: Minas Gerais Pitangui Rio Acima Congonhas 127
Slide 33: Brazil: Minas Gerais - Congonhas
Brazil: Minas Gerais - Congonhas Strike extensive shear hosted system proximal to the Congonhas lineament Significant intercepts from wide-spaced drilling campaigns : 2.61g/t Au over 3.48 m 2.14g/t Au over 2.13 m* 3.40g/t Au over 1.50 m 3,000m drilling program in progress targeting high-
Slide 34: Brazil: Para
Brazil: Para 8960 Km 8965 Km Wy 0968 yi? Wy S968 a U8 OU Se Alluvium, colluvium, sandstone and ferricrete Younger anorogenic granite Siliceous material along major fault zone Younger volcanics, mainly felsic tuff and felsic dike Quartzite and phyllite Mafic and/or ultramafic rocks Undifferentiated g
Slide 35: Brazil: Para – Vila Estrela
Brazil: Para – Vila Estrela Drill ready gold (silver) targets in low-T quartz vein systems individual veins striking up to 2km qtz - py cpy gal veins enveloped by sericitic alteration Mineralization hosted in Paleoproterozoic granites and meta-sediments 2,500m drilling campaign in progress
Slide 36: Peru: 2010 Budget - $2.7M
Peru: 2010 Budget - $2.7M 6 early stage projects Moquegua: Established land position adjacent to new Chucapaca discovery Candelaria: 3,000m drilling program set to commence targeting oxide gold in Tertiary volcanics PROJECT JOINT VENTURED 131
Slide 37: Peru: Moquegua Project
Peru: Moquegua Project Legend Chucapaca deposit (diatreme breccia related) Porphyry – HS epithermal CHUCAPACA deposit system 5.5 Moz Au (PR May 11, 2010) Major structure F Anticline M Syncline IAMGOLD Moquegua project Goldfield – Buenaventura Properties LITHOLOGY Upper Tertiary volcanics, Barroso Gp
Slide 38: South America Q&A
# IAMGOLD’ CORPORATION SOUTH AMERICA Q&A § iw, ¢ ’ so. 6 Member of World Gold Council = www.gold.org O