Operations

Québec - Niobec Niobium Mine, Québec

LOCATION:
  Saguenay Region, Québec, Canada
OWNERSHIP:   100% IAMGOLD
NIOBIUM PRODUCTION:   2012 - 4.7 million kilograms
OPERATING MARGIN:   2012 - $15 per kilogram of niobium
MINE LIFE(E):
16+ years (46 With expansion)
RESERVES & RESOURCES*
(as at December 31, 2012):
 
Proven and Probable Reserves*
Tonnes
(000)
Grade
(%Nb2O5)
Contained
Nb2O5
(million kg)
422,900 0.42 1,768
 
Measured and Indicated Resources
Tonnes
(000)
Grade
(%Nb2O5)
Contained
Nb2O5
(million kg)
635,789 0.41 2,563
 
Inferred Resources
Tonnes
(000)
Grade
(%Nb2O5)
Contained
Nb2O5
(million kg)
83,763 0.31 263
*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