Slide 1: IAMGOLD The Transformation
September 15, 2009 IAMGOLD THE TRANSFORMATION Denver Gold Forum Joseph F. Conway President & CEO PDAC 2010 MARCH 8, 2010 Michael Donnelly Senior Vice President, Exploration
Slide 2: Cautionary Statement
2 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 re
Slide 3: Investment Highlights
3 Investment Highlights Leading Leading Shareholder Value Shareholder Solid, Value Disciplined Growth Exceptional Balance Sheet $423M available Record 122% Earnings $0.60 /share* 87% TSX: IMG NYSE: IAG Shares outstanding: 369 M Market Capitalization: C$5.8B IMG 52-week high: $21.95 IMG 52-week low:
Slide 4: Disciplined Corporate Strategy
4 Disciplined Corporate Strategy Focus on Creating Shareholder Value Grow Gold Production & Reserves • Successful development of existing projects • Aggressive exploration for organic growth • Accretive acquisitions Reduce Costs • Operations & development project optimization • Low cost acquisit
Slide 5: Leading Shareholder Value: 2009 Goals Achieved
5 2009 Goals Achieved Consistently Delivering Results Exceeded Original Guidance Advanced Essakane Expanded Rosebel Mill Increased Reserves to 14.5 million ounces Increased Growth Pipeline Expanding Niobec Mill Zero Harm Continued …..Leading Shareholder Value
Slide 6: Global Operations & Growth
6 Global Operations & Growth FOCUS DISCIPLINE RESULTS Long Standing Presence, Long Term Future ROSEBEL SURINAME DOYON QUEBEC MUPANE BOTSWANA NIOBEC QUEBEC DOYON DIVISION NIOBEC WESTWOOD SADIOLA MALI YATELA MALI YATELA ROSEBEL ESSAKANE DAMANG QUIMSACOCHA SADIOLA TARKWA GHANA DAMANG GHANA TARKWA MUPAN
Slide 7: Solid Reserves Growth
7 Solid Reserves Growth Record Gold Reserves of 14.5 million ounces (Millions of Ounces) 14 12 South America 10 8 Canada 6 4 Africa 2 0 2004 2005 2006 2007 2008 2009 • Reserves as at Dec. 31, 2008 include Essakane acquired Feb. 25, 2009
Slide 8: Superior Production Growth Profile
8 Superior Production Growth Profile* Continued Growth 1,500 (000’s ounces) 1,000 500 0 2004 2005 2006 2007 2008 2009 2010F 2011F 2012F 2013F 2014F Africa Canada South America *Assumes: • Essakane startup August 2010 • Sadiola Deeps startup mid 2012 • Quimsacocha startup early 2013 • Westwood startu
Slide 9: 2010 Outlook
9 2010 Outlook Targeting 1 Million Ounces* 2009 2010 0.94 to1.0 0.939 million million ounces ounces Africa Canada South America *See 2010 Guidance Press Release dated January 21, 2010
Slide 10: Exploration & Development Projects
10 Exploration & Development Projects Solid Growth Pipeline PRODUCTION Essakane BURKINA FASO Westwood CANADA CONSTRUCTION Sadiola Deeps MALI FEASIBILITY Quimsacocha ECUADOR Brownfields EXPLORATION Commitment to Greenfields
Slide 11: Exploration: Aggressive Organic Growth
11 Exploration Aggressive Organic Growth 2009 REGIONS OF EXPLORATION ACTIVITY Increased Reserves by 2.1Moz Two advanced exploration JVs 2010 Goals Greenfields $38M Resource development $40M KALANA, MALI SIRIBAYA, MALI Drilling +300,000 metres Company wide aggressive greenfields, near-min
Slide 12: Exploration: Aggressive Organic Growth
12 Exploration Aggressive Organic Growth WEST AFRICA SOUTH AMERICA Exploration offices in 3 countries Exploration offices in 5 countries 2010 drilling: 2010 drilling: • Greenfields: 37,500m • Greenfields: 21,000m • Resource development 67,500m • Resource development 71,000m 16 professional
Slide 13: Essakane Burkina Faso
13 Essakane BURKINA FASO Ahead of Schedule & On Budget UPDATE Commercial production in August Increased Reserves by 1.1M oz Accelerated early throughput Mining proceeding Grade control drilling & stockpiling on track IMG Ownership 90% Mill foundation complete Location Burkina Faso Vill
Slide 14: “...outstanding share price performance, continued solid operating results, a well funded pipeline and strong
Peter C. Jones Interim President & Chief Executive Officer Gordon Stothart “...outstanding share price performance, Executive Vice President & Chief Operating Officer continued solid operating results, a well Carol Banducci Executive Vice President & Chief Financial Officer funded pipeline and stron