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Operations

Québec - Niobec Niobium Mine, Québec

LOCATION:
   Saguenay Region, Québec, Canada
OWNERSHIP:   100% IAMGOLD
NIOBIUM PRODUCTION:   2010 - 4.4 million kilograms
OPERATING MARGIN:   2010 - $18 per kilogram of niobium
MINE LIFE:
2025
RESERVES & RESOURCES*:  
Proven & Probable Reserves*
Tonnes
(000)		 Grade
(%Nb2O5)		 Contained
Nb2O5
(million kg)
45,716 0.53 243.8 
  

Inferred Resources

Tonnes
(000)		 Grade
(%Nb2O5)		 Contained
Nb2O5
(million kg)
59,672 0.53 316.3
    
*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:   Underground; flotation & aluminothermic conversion
TECHNICAL REPORT:   "Technical Report on expansion options at the Niobec Mine" - June 2011
SUSTAINABILITY REPORT:   Health, Safety & Sustainability report 2010
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