Slide 1: Q1 2016 Results
(IAMGOLD CORPORATION Bs ee BEN Gas} Qi 2016 Results May 4, 2016
Slide 2: Management Participants
Management Participants l TSX: IMG l NYSE: IAG l 2
Slide 3: Cautionary Statement
Cautionary Statement All information included in this presentation, including any information as to the Company’s future financial or operating performance, and other statements that express management’s expectations or estimates of future performance, other than statements of historical fact, const
Slide 4: Strong Start to the Year
Strong Start to the Year Net operating cash flow up 90% Significant Improving financial cost Increasing structure flexibility shareholder value Westwood Continued ramp-up on productivity track gains l TSX: IMG l NYSE: IAG l 4
Slide 5: Financial Review
Financial Review
Slide 6: Prudent Cash Management
Prudent Cash Management 750 $30 700 (5.7) 650 $250* (70.0) (2.7) 1.7 30.3 $500 170.3 $millions 600 55.82 (69.6) $529 550 658.13 500 $27 548.01 $71 450 $143 Cash: investing activities Cash: financing activities 400 Cash Balance Operating Capital Sale of gold Other Credit facility Flow-through Other C
Slide 7: Revenues from Continuing Operations
Revenues from Continuing Operations1 Revenue Q1 2015 Change Q1 2016 Impact ($millions) Gold Price2 ($/oz.) 1,221 (3%) 1,188 (5.9) Gold Sales3 245 Owner-Operator 200 (8%) 184 (19.1) 220 (000s oz.) $millions Quarterly Change in Gold Sales3 by Site (000s oz) Q1 2015 Q1 2016 Change Essakane 91 96 5 Rose
Slide 8: Cost of Sales from Continuing Operations
Cost of Sales from Continuing Operations ($millions) Q1 2015 Q1 2016 Variance Main Factors: Operating Costs 159.8 142.5 (11%) • Lower fuel costs • Lower labour costs at Rosebel • Devaluation of Surinamese Depreciation 62.3 61.5 (1%) dollar relative to USD • Limited mining at Westwood due to focus on
Slide 9: Net Operating Cash Flow from Continuing Operations
Net Operating Cash Flow from Continuing Operations Net Cash from Operating Activities Net Cash from Operating Activities Before Changes in Working Capital $0.14/ $0.13/ $0.13/ share share share $millions $millions 51.4 52.0 49.8 $0.07/ share 27.1 Q1 2015 Q1 2016 Q1 2015 Q1 2016 l TSX: IMG l NYSE: IA
Slide 10: Adjusted Net Earnings from Continuing Operations
Adjusted Net Earnings from Continuing Operations1 (In $ millions, except for per share amounts) Q1’15 Q1'16 Net earnings (loss) from continuing operations attributable to equity holders (16.5) 53.1 Gain on sale of gold bullion - (72.9) Normalization of Westwood’s costs - 6.1 Gain on sale of assets (
Slide 11: Operational Review
Operational Review
Slide 12: Q1'16 Production & Costs Summary
Q1’16 Production & Costs Summary Attributable Production Total Cash Costs1 AISC1 (oz) ($/oz produced) ($/oz sold) Essakane 88,000 $691 $1,116 Rosebel 68,000 $768 $955 Westwood 15,000 $857 $890 Sadiola 19,000 $795 $821 Total 191,000* $746 $1,084 *Includes 1,000 oz from Yatela, which is in closure mod
Slide 13: Essakane – Burkina Faso
Essakane – Burkina Faso (90%) Q1 2015 Q1 2016 Attributable gold production 89,000 88,000 Average grade 1.33 1.21 All-in sustaining costs1 ($/oz) $988 $1,116 Total cash costs1 ($/oz) $761 $691 Q1 2016 Highlights Decrease in production Q-o-Q due to lower grades, partially offset by Essakane LOM – pr
Slide 14: Rosebel – Suriname
Rosebel – Suriname (95%) Q1 2015 Q1 2016 Attributable gold production 76,000 68,000 Average grade 0.81 0.77 All-in sustaining costs1 ($/oz) $1,037 $955 Total cash costs1 ($/oz) $850 $768 Q1 2016 Highlights Decrease in production Q-o-Q due to lower grades and lower throughput Rosebel LOM – Producti
Slide 15: Westwood – Quebec
Westwood – Quebec (100%) Q1 2015 Q1 2016 Attributable gold production 22,000 15,000 Average grade 6.29 5.77 All-in sustaining costs1,2 ($/oz) $1,507 $890 Total cash costs1,2 ($/oz) $1,130 $857 Westwood LOM – Production & Costs Forecast Q1 2016 Highlights Production from planned mining blocks on sc
Slide 16: Westwood development - benchmarks being met
Westwood development - benchmarks being met Key Performance Indicators Forecast YTD Actual YTD Variance No lost time DART Rate* 3.30 0 -100% incidents Safety or injuries TRIR+ 8.8 8.2 -7% Underground lateral development 5,312 5,528 4% Development (m) Underground vertical development 816 696 -15% Dev
Slide 17: Sadiola - Mali
Sadiola- Mali (41%) Q1 2015 Q1 2016 Attributable gold production 19,000 19,000 Average grade 1.23 1.22 All-in sustaining costs1 ($/oz) $914 $821 Total cash costs1 ($/oz) $887 $795 Sulphide Expansion Project – 2015 Technical Report2 Q1 2016 Highlights 19,000 attributable ounces produced Strip Ratio
Slide 18: Exploration Review
Exploration Review
Slide 19: Exploration Program – Increased Focus & Success
Exploration Program – Increased Focus & Success Since 2012: • 68% reduction in exploration expenditures 160 • 9.5Moz upgraded to Indicated • 3 greenfield discoveries 140 - 1.69Moz Indicated - 1.90Moz Inferred 120 • Côté Gold – 2.6Moz added 100 $millions 80 60 40 20 0 2012 2013 2014 2015 2016 Guidanc
Slide 20: Boto and Pitangui
Boto Location: Senegal Tonnes Grade Contained Ounces (000) (g/t) (000 Au) Ownership: 100% Measured & Indicated1 27,670 1.8 1,563 Highlights: • Currently advancing technical and environmental studies necessary for the Inferred1 2,922 1.3 125 economic evaluation of the project • April 2016 diamond dri
Slide 21: Diakha-Siribaya and Eastern Borosi
Diakha-Siribaya Location: Mali Tonnes Grade Contained Ounces (000) (g/t) (000 Au) Ownership: 50:50 JV with Merrex Gold Measured & Indicated1,2 2,102 1.9 129 Highlights: • Multiple zones of mineralization and deposit Inferred1.2 19,816 1.7 1,092 open in all directions • Currently focused on expanding
Slide 22: Monster Lake and Nelligan
Monster Lake Location: Quebec Ownership: Earn-in option with TomaGold Highlights: • High-grade 325-Megane Zone extends at depth • Testing targets north and south of the main 325- Megane Zone • Final drilling results for 2015 drill program announced in February 2016. › Results include: 2.8 meters gra
Slide 23: Appendices
Appendices
Slide 24: Mineral Reserves and Resources
Mineral Reserves and Resources Contained Gold (000s attributable oz.) 2015 Change 2014 As of December 31, 2015 Total proven and probable mineral reserves 7,690 (11%) 8,608 Total measured and indicated mineral resources 2,3 23,482 10% 21,412 Total inferred resources 6,733 (4%) 7,018 • Gold reserves h
Slide 25: 2016 Production and Cost Guidance
2016 Production and Cost Guidance1,3 2016 Guidance1 Essakane (000s oz.) 365 – 375 Rosebel (000s oz.) 285 – 295 Westwood (000s oz.) 50 – 60 Total owner-operated production (000s oz.) 700 -730 Joint ventures (000s oz.) 70 Total attributable production (000s oz.) 770 – 800 Total cash costs2,3 – owner-o
Slide 26: Technical Information and Qualified Person/Quality Control Notes
Technical Information and Qualified Person/Quality Control Notes The mineral resource estimates contained in this presentation have been prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects (“NI 43-101”). The “Qualified Person” responsible for the super
Slide 27: TSX: IMG NYSE: IAG
Bob Tait VP, Investor Relations T: 416-360-4743 Laura Young Director, Investor Relations T: 416-933-4952 info@iamgold.com TSX: IMG NYSE: IAG