IAMGOLD Holds Positive Meeting with President Sarkozy
Toronto, Ontario, March 13, 2008 - IAMGOLD Corporation (TSX: IMG / NYSE: IAG) ("IAMGOLD" or "the Company") announced today that a delegation from IAMGOLD, led by Joseph Conway, the President and CEO of the Company, met with the President of France, Nicolas Sarkozy.
In the meeting, President Sarkozy acknowledged the significant investment by IAMGOLD in French Guiana and reiterated his confidence in the Company's ability and commitment to deliver responsible mining development. The President also agreed to further dialogue regarding IAMGOLD's interests in French Guiana, and in particular, expressed his willingness to consider all reasonable alternatives for mining projects which IAMGOLD may propose in the future.
The IAMGOLD delegation was provided with a copy of the official letter mandating the implementation of the new framework for mining in French Guiana by the end of 2008. In the meantime, the existing exploration permits held by IAMGOLD will remain effective.
"We had a positive meeting with the President, who was very open and direct," commented Joseph Conway, President & CEO. "Clearly he is committed to working with IAMGOLD in a constructive way to advance the interests of all stakeholders; which is, to support modern mining as a vehicle for economic development in French Guiana, while respecting the bio-diversity of the area. Based on our positive discussions today, our technical and environmental teams will immediately begin assessing specific alternatives for advancing our interests in the region."
For further information please contact:
IAMGOLD Corporation:
Lisa Doddridge
Director, Investor Relations
Tel: (416) 360-4710
Toll-free: 1 888 IMG-9999
Renmark Financial Communications Inc.
John Boidman: jboidman@renmarkfinancial.com
Henri Perron: hperron@renmarkfinancial.com
T: (514) 939-3989
F: (514) 939-3717
www.renmarkfinancial.com
Please note:
This entire press release may be accessed via fax, e-mail, IAMGOLD's website at www.IAMGOLD.com and through Marketwire's website at www.marketwire.com. All material information on IAMGOLD can be found at www.sedar.com or at www.sec.gov.
SI VOUS D�SIREZ OBTENIR LA VERSION FRAN�AISE DE CE COMMUNIQU�, VEUILLEZ CONSULTER LE HTTP://WWW.IAMGOLD.COM/FR/ACCUEIL.HTML.
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IAMGOLD Corporation
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PRODUCER |
CODE : IMG.TO |
ISIN : CA4509131088 |
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IAMGOLD is a gold producing company based in Canada. IAMGOLD produces gold, diamonds, lead, niobium, rare earth, silver and zinc in Botswana, in Canada, in Ecuador, in Ghana, in Guyana, in Indonesia, in Mali, in Peru, in South Africa, in Suriname and in Tanzania, develops gold in Burkina Faso, in Ecuador and in French Guyana, and holds various exploration projects in Canada, in Ecuador, in Honduras, in Peru and in South Africa. Its main assets in production are OMAI MINE in Guyana, MOUSKA MINE, PORCUPINE, SLEEPING GIANT, DOYON, NIOBEC and GRAND DUC in Canada, YATELA and SADIOLA in Mali, MUPANE in Botswana, DAMANG PROJECT, TARKWA and TEBEREBIE in Ghana, ROSEBEL in Suriname, ZARUMA in Ecuador, ARDO MINE in South Africa, BUCKREEF in Tanzania, RAWAS GOLD PROJECT in Indonesia and TAMBORAQUE in Peru, its main assets in development are ESSAKANE in Burkina Faso, CAMP CAIMAN in French Guyana and QUIMSACOCHA PROJECT in Ecuador and its main exploration properties are BAMBADJI in Senegal, TEX-SOL, LESPERANCE, CREVIER and WESTWOOD in Canada, ALAMOUTALA (SADIOLA II) and SIRIBAYA in Mali, GILT EDGE MINE & ANCHOR HILL in Ecuador, PODEROSA MINE in Peru and VUELTAS DEL RIO / EL ZAPOTAL in Honduras. IAMGOLD is listed in Australia, in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 2.5 billions as of today (US$ 1.9 billions, € 1.7 billions). Its stock quote reached its highest recent level on April 28, 2006 at CA$ 9.98, and its lowest recent point on September 30, 2022 at CA$ 1.27. IAMGOLD has 464 620 000 shares outstanding. |