Iamgold

Iamgold Corporation
TSX: IMG
NYSE: IAG
Industry Gold Mines
Founded 1991 as International African Mining Gold Corporation
Founder Mark Nathanson and William Pugliese
Headquarters Toronto, Ontario, Canada
Key people
William Pugliese Chairman and Director
Stephen Letwin, President and CEO
Number of employees
5,600 (2008)[1]
Website www.iamgold.com

Iamgold Corporation is a Toronto based international gold producer. The company is engaged in the exploration, development, and production of mineral resource properties throughout the world.

Operations

Iamgold has an annual production of close to 1 million ounces of gold from operations in North America, South America, and Africa.

In 2008,Iamgold announced an agreement for the sale of La Arena, its Peruvian development copper / gold project, to Rio Alto Mining Limited (Rio Alto).[2]

Mines

The following mines are operated by the company:

Development projects

The Company is developing these projects:

Recent history

Stephen Letwin was appointed President and Chief Executive Officer of Iamgold on November 1, 2010. Letwin held executive positions at Enbridge Inc., TransCanada Energy and TransCanada Pipelines prior to joining Iamgold. He is a certified general accountant and a member of the Certified General Accountants of Ontario. He holds an MBA from the University of Windsor and is a graduate of the Harvard Advanced Management Program.[3]

The company announced on January 23, 2013, that it is reducing exploration activity in Mali as a result of events in this country. This is not expected to impact production at the two mines in Mali where the company holdes an operating interest.[4]

References

External links

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