IAMGOLD
Encyclopedia
Iamgold Corporation is a Toronto
Toronto
Toronto is the provincial capital of Ontario and the largest city in Canada. It is located in Southern Ontario on the northwestern shore of Lake Ontario. A relatively modern city, Toronto's history dates back to the late-18th century, when its land was first purchased by the British monarchy from...

 based international gold
Gold
Gold is a chemical element with the symbol Au and an atomic number of 79. Gold is a dense, soft, shiny, malleable and ductile metal. Pure gold has a bright yellow color and luster traditionally considered attractive, which it maintains without oxidizing in air or water. Chemically, gold is a...

 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.

Mines

The following mines are operated by the company:
  • The Rosebel open pit gold mine, acquired by Iamgold through its merger with Cambior
    Cambior
    Cambior Inc. was a Canadian based international gold producer with operations, development projects and exploration activities in the Americas. Cambior’s shares traded on the Toronto and American stock exchanges under the symbol “CBJ”. Cambior’s warrants “CBJ.WT.C” traded on the TSX...

    , located in Suriname
    Suriname
    Suriname , officially the Republic of Suriname , is a country in northern South America. It borders French Guiana to the east, Guyana to the west, Brazil to the south, and on the north by the Atlantic Ocean. Suriname was a former colony of the British and of the Dutch, and was previously known as...

  • The Essakane in Burkina Faso
  • The Mupane gold mine near Francistown
    Francistown
    Francistown or Nyangabgwe is the second largest city in Botswana, with a population of about 85,363, and often described as the "Capital of the North". It is located in eastern Botswana, about north-northeast from the capital, Gaborone...

     in the Tati greenstone belt in southern Botswana
    Botswana
    Botswana, officially the Republic of Botswana , is a landlocked country located in Southern Africa. The citizens are referred to as "Batswana" . Formerly the British protectorate of Bechuanaland, Botswana adopted its new name after becoming independent within the Commonwealth on 30 September 1966...

  • The Mouska gold mine northwest of Montreal
    Montreal
    Montreal is a city in Canada. It is the largest city in the province of Quebec, the second-largest city in Canada and the seventh largest in North America...

     in the Canadian province of Quebec
    Quebec
    Quebec or is a province in east-central Canada. It is the only Canadian province with a predominantly French-speaking population and the only one whose sole official language is French at the provincial level....

  • The Niobec underground mine near Chicoutimi in the Canadian province of Quebec. This mine is North America's only source of pyrochlore, the primary niobium ore, and one of only three major producers of niobium.
  • The Sadiola
    Sadiola
    Sadiola is a town and commune in western Mali, south of Kayes. It is home to the largest gold mine in West Africa, the Sadiola Gold Mine, operated by Anglogold-Ashanti. As of 1998 the commune had a population of 16,678....

     gold mine in Mali
    Mali
    Mali , officially the Republic of Mali , is a landlocked country in Western Africa. Mali borders Algeria on the north, Niger on the east, Burkina Faso and the Côte d'Ivoire on the south, Guinea on the south-west, and Senegal and Mauritania on the west. Its size is just over 1,240,000 km² with...

  • The Yatela Mine
    Yatela Mine
    The Yatela Mine is an open-pit gold mine situated near Yatela, 25 km north of Sadiola, in the Kayes Region of Mali. It is a single-pit operation. Commencing operation in 2001, heap leaching together with carbon-loading is carried out at a rate of approximately 2.9 million tonnes per year...

     gold mine in western Mali, about 25 kilometres north of the Sadiola Mine on an adjoining mining permit
  • The Tarkwa gold mine in Ghana
    Ghana
    Ghana , officially the Republic of Ghana, is a country located in West Africa. It is bordered by Côte d'Ivoire to the west, Burkina Faso to the north, Togo to the east, and the Gulf of Guinea to the south...

    , west of Accra
    Accra
    Accra is the capital and largest city of Ghana, with an urban population of 1,658,937 according to the 2000 census. Accra is also the capital of the Greater Accra Region and of the Accra Metropolitan District, with which it is coterminous...

  • The Damang gold mine in Ghana

Development projects

The Company is developing these projects:
  • The Westwood
    Westwood
    - Canada :*Westwood, Asphodel-Norwood, Ontario*Westwood, Edmonton, a neighbourhood in Edmonton, Alberta*Westwood Plateau, an area of Coquitlam, British Columbia*Westwood Motorsport Park, a race track in Coquitlam, British Columbia...

    east of the Mouska mine in Canada
  • The Buckreef project, in the Rwamagaza greenstone belt in Tanzania
    Tanzania
    The United Republic of Tanzania is a country in East Africa bordered by Kenya and Uganda to the north, Rwanda, Burundi, and the Democratic Republic of the Congo to the west, and Zambia, Malawi, and Mozambique to the south. The country's eastern borders lie on the Indian Ocean.Tanzania is a state...

  • Camp Caiman near Cayenne
    Cayenne
    Cayenne is the capital of French Guiana, an overseas region and department of France located in South America. The city stands on a former island at the mouth of the Cayenne River on the Atlantic coast. The city's motto is "Ferit Aurum Industria" which means "Work brings wealth"...

    , the capital of French Guiana
    French Guiana
    French Guiana is an overseas region of France, consisting of a single overseas department located on the northern Atlantic coast of South America. It has borders with two nations, Brazil to the east and south, and Suriname to the west...

  • The La Arena near Huamachuco
    Huamachuco
    Huamachuco is a town in Northern Peru, capital of the province Sánchez Carrión in the region La Libertad. The city is the seat of the Territorial Prelature of Huamachuco. Lake Sausacocha lies to the northeast.-Bank:Branch of Caja Trujillo....

     North of Lima
    Lima
    Lima is the capital and the largest city of Peru. It is located in the valleys of the Chillón, Rímac and Lurín rivers, in the central part of the country, on a desert coast overlooking the Pacific Ocean. Together with the seaport of Callao, it forms a contiguous urban area known as the Lima...

  • Quimsacocha south of Quito
    Quito
    San Francisco de Quito, most often called Quito , is the capital city of Ecuador in northwestern South America. It is located in north-central Ecuador in the Guayllabamba river basin, on the eastern slopes of Pichincha, an active stratovolcano in the Andes mountains...

     and near Cuenca
    Cuenca, Ecuador
    Cuenca is the capital of the Azuay Province. It is located in the highlands of Ecuador at about 2500 m above sea level...

     in Ecuador
    Ecuador
    Ecuador , officially the Republic of Ecuador is a representative democratic republic in South America, bordered by Colombia on the north, Peru on the east and south, and by the Pacific Ocean to the west. It is one of only two countries in South America, along with Chile, that do not have a border...


Recent history

Stephen Letwin was appointed President and Chief Executive Officer of Iamgold on November 1, 2010. Letwin held executive positions at Enbridge
Enbridge
Enbridge Inc. is a Calgary, Alberta based company focused on three core businesses: crude oil and liquids pipelines, natural gas transportation and distribution, and green energy. The company has approximately 6,000 employees, mostly in Canada and the United States...

 Inc., TransCanada Energy and TransCanada Pipelines prior to joining Iamgold. He is a certified general accountant
Certified General Accountant
Certified General Accountant is the designation of professionals who are jointly members of the Certified General Accountants Association of Canada and a provincial or territorial CGA association, or a CGA association overseas...

 and a member of the Certified General Accountants of Ontario
Certified General Accountants of Ontario
Certified General Accountants of Ontario is the professional association of certified general accountants in the province of Ontario, Canada...

. He holds an MBA from the University of Windsor
University of Windsor
The University of Windsor is a public comprehensive and research university in Windsor, Ontario, Canada. It is Canada's southernmost university. It has a student population of approximately 15,000 full-time and part-time undergraduate students and over 1000 graduate students...

and is a graduate of the Harvard Advanced Management Program.
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