IAMGOLD's Essakane Mine Continues to Operate Without Interruption in Burkina Faso
TORONTO, ONTARIO -- (Marketwire) -- 04/18/11 -- IAMGOLD Corporation ('IAMGOLD' or 'the Company') (TSX: IMG)(NYSE: IAG)(BOTSWANA: IAMGOLD) today provided an update on its Essakane Mine in Burkina Faso, West Africa. The Essakane Mine is located approximately 500 kilometres northeast of the capital city of Ouagadougou.
Steve Letwin, President and Chief Executive Officer of IAMGOLD said, 'It is business as usual. We have not had any disruption to the Essakane operation. We have had no interruptions to our supply chain. More importantly, all of our employees, including 1,800 Burkinabe nationals, are safe and going about their normal routines.
'As a company that has over 20 years experience in West Africa, we possess deep expertise in the region and have robust operating procedures that allow us to be a very significant contributor to the economy. We are proud of the men and women who run our operations to the highest possible standards, which we view as a core competency and a competitive advantage.'
About IAMGOLD
IAMGOLD (www.iamgold.com) is a leading mid-tier gold mining company producing approximately one million ounces annually from 8 gold mines (including current joint ventures and working interests) on 3 continents. IAMGOLD is uniquely positioned with a strong financial position and extensive management and operational expertise. To grow from this strong base, IAMGOLD has a pipeline of development and exploration projects and continues to assess accretive acquisition opportunities. IAMGOLD's growth plans are strategically focused in West Africa, select countries in South America and regions of Canada. IAMGOLD also operates Niobec, a niobium mine in the Canadian province of Quebec.
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Contacts:
IAMGOLD Corporation
Bob Tait
VP Investor Relations
(416) 360-4743 or Mobile: (647) 403-5520
IAMGOLD Corporation
Laura Young
Director, Investor Relations
(416) 933-4952 or Toll-free: 1 888 464-9999
info@iamgold.com
www.iamgold.com