Operations

Burkina Faso - Essakane Gold Mine, Burkina Faso

LOCATION:
  Burkina Faso, West Africa
OWNERSHIP:   90% IAMGOLD, 10% Government of Burkina Faso
GOLD PRODUCTION:   2010 (July 16 - December 31): 122,000 ounces
CASH COST:   2010 (July 16 - December 31): $429 per ounce
MINE LIFE (E):   12+ years
RESERVES & RESOURCES*:  
 Proven and Probable Reserves
Tonnes
(000)
Grade
(g/t)
Contained
Ounces
(000)
96,719 1.3 4,015
 
Measured and Indicated Resources
Tonnes
(000)
Grade
(g/t)
Contained
Ounces
(000)
109,861 1.2 4,351
 
Inferred Resources
Tonnes
(000)
Grade
(g/t)
Contained
Ounces
(000)
37,080 1.3 1,503
*As at December 31, 2010.  Cautionary Note to U.S. Investors: The United States Securities and Exchange Commission limits disclosure for U.S. reporting purposes to mineral deposits that a company can economically and legally extract or produce.  IAMGOLD uses certain terms on this website, such as "measured," "indicated," or "inferred," which may not be consistent with the reserve definitions established by the SEC.  U.S. investors are urged to consider closely the disclosure in the IAMGOLD Annual Reports on Forms 40-F.  You can review and obtain copies of these filings from the SEC's website at http://www.sec.gov/edgar.shtml or by contacting the Investor Relations department.
   
MINING & PROCESSING:   Open pit; gravity circuit & carbon-in-leach
TECHNICAL REPORT:   “IAMGOLD Corporation: Updated Feasibility Study - Essakane Gold Project; Burkina Faso”
dated March 3, 2009
SUSTAINABILITY REPORT:   2010 Health, Safety and Sustainability Report