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IAMGOLD Corp T.IMG

Alternate Symbol(s):  IAG

IAMGOLD Corporation is a Canada-based intermediate gold producer and developer. Its principal activities are the exploration, development, and operation of gold mining properties in North America and West Africa. Its projects include Essakane, Westwood and Cote Gold. The Essakane project is in north-eastern Burkina Faso, West Africa. It straddles the boundary of the Oudalan and Seno provinces in the Sahel region of Burkina Faso and is approximately 330 kilometers (km) northeast of the capital, Ouagadougou. The Westwood Project is located on the Doyon property, 2.5 km east of the former Doyon Gold Mine in Bousquet Township. The Cote Gold Project is in the Chester and Yeo Townships, District of Sudbury, in northeastern Ontario. It owns a 100% interest in the Nelligan Gold Project, located 60Km southwest of Chibougamau. It holds claims of Nelligan, as well as other earlier stage exploration properties in Northern Quebec. It also owns Rich Lake and Lac a l’Eau Jaune (gold) properties.


TSX:IMG - Post by User

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Post by Nikolaion Jul 28, 2009 9:33am
365 Views
Post# 16171172

Ecuador, July 27 IAMGOLD article

Ecuador, July 27 IAMGOLD article

appeared in El Tiempe.

basic translation>

Mining Iamgold maintains its environmental projects.

The business mining Iamgold executes projects in the communities close to the area of the mining concession, of Quimsacocha, that is found to 3,600 meters above sea level. Jhonny Loja and José Pután take data daily of the level of lluviosidad in the area of the project Quimsacocha for Promas.

María Gualpa, vicepresidenta of the common one of Chumblin Hatbox, affirmed that its town receives aid of the mining business as advice to increase the production cattle raiser. Iamgold and the common one, belonging to the parish Chumblin, of the canton San Fernando, sign each six months covenants in order to improving the economic situation of the populated.

Vicente Jaramillo, general coordinator of Environmental Responsibility of Quimsacocha, affirmed that, in spite of the fact that their activities are suspended by the Mining Mandate, the business continues with its programs of environmental care in the zone of the gold-bearing deposit.

Also near 40 settlers of the parishes San Gerardo, Chumblin, Victory of Carry you, among others, receive scholarships to study in SECAP in electricity and welding. The objective is that they can agree to better positions paid, when the business resume its mining activities.

I monitor

In spite of the fact that they are found paralyzed their activities, the business I continues with their projects of environmental care. To the moment there is 10 points of monitoring in charge of the Department of Environment. The majority they are located in the basin of the river Irquis, since the deposit to the sector of Zhucay.

In the area of concession, the universities of the Azuay and of Basin maintain their project Promas, with the one that study on the levels of humidity and of water in the wasteland.

Phase

The deposit of Quimsacocha is found in the phase of exploration advanced. This consists of developing a program of drillings on the ground with depths from among 150 and 250 meters and a wide one from among four and eight centimeters.

After this phase and of the approval of the study of feasibility, the business would initiate with the exploitation and production of the gold.

Jaramillo indicated that in the deposit will be extracted the mineral. In the camp Pines a plant of concentration will be built, where a processing of the minerals exploited will be done.

Then that mineral to a plant of foundry and of refinement will be carried, that will be built possibly in Posorja, Guayas. In the end will market itself.

Concession

The mining business has 8,280 hectares concesionadas. Of that area, the mining project will be executed in 200 hectares.

The method that is going to utilize Iamgold is that of subterranean exploitation, that consists of the extraction of the gold through the opening of tunnels. According to Jaramillo, this will diminish the environmental impact, since the work will not be performed to open sky.

According to the study of prefactibilidad of Quimsacocha, during the three first years an average of 224,000 ounces of gold will be produced per year. In the 7 years and a half, that the life of the mine is foreseen, an average of 202,000 ounces would be produced per year.


Date of Publication: 2009-07-27 00:00


https://www.eltiempo.com.ec/noticias-cuenca/21164-minera-iamgold-mantiene-sus-proyectos-ambientales/

Minera Iamgold mantiene sus proyectos ambientales

La empresa minera Iamgold ejecuta proyectos en las comunidades cercanas al área de la concesión minera, de Quimsacocha, que se encuentra a 3.600 metros sobre el nivel del mar.

María Gualpa, vicepresidenta de la comuna de Chumblin Sombrerera, afirmó que su pueblo recibe ayuda de la empresa minera como asesoramiento para incrementar la producción ganadera. Iamgold y la comuna, perteneciente a la parroquia Chumblin, del cantón San Fernando, firman cada seis meses convenios con el fin de mejorar la situación económica del poblado.

Vicente Jaramillo, coordinador general de Responsabilidad Ambiental de Quimsacocha, afirmó que, a pesar de que sus actividades están suspendidas por el Mandato Minero, la empresa continúa con sus programas de cuidado ambiental en la zona del yacimiento aurífero.

También cerca de 40 pobladores de las parroquias San Gerardo, Chumblin, Victoria de Portete, entre otras, reciben becas para estudiar en SECAP en electricidad y soldadura. El objetivo es que ellos puedan acceder a puestos mejor remunerados, cuando la empresa reanude sus actividades mineras.

Monitoreo

A pesar de que se encuentran paralizadas sus actividades, la empresa continúa con sus proyectos de cuidado ambiental. Al momento hay 10 puntos de monitoreo a cargo del Ministerio de Ambiente. La mayoría están ubicados en la cuenca del río Irquis, desde el yacimiento hasta el sector de Zhucay.

En el área de concesión, las universidades del Azuay y de Cuenca mantienen su proyecto Promas, con el que estudian sobre los niveles de humedad y de agua en el páramo.

Etapa

El yacimiento de Quimsacocha se encuentra en la fase de exploración avanzada. Esto consiste en desarrollar un programa de perforaciones en el suelo con profundidades de entre 150 y 250 metros y un ancho de entre cuatro y ocho centímetros.

Luego de esta fase y de la aprobación del estudio de factibilidad, la empresa iniciaría con la explotación y producción del oro.

Jaramillo señaló que en el yacimiento se extraerá el mineral. En el campamento Pinos se construirá una planta de concentración, en donde se hará un tratamiento de los minerales explotados.

Luego se llevará ese mineral a una planta de fundición y de refinamiento, que se construirá posiblemente en Posorja, Guayas. Al final se comercializará.

Concesión

La empresa minera tiene 8.280 hectáreas concesionadas. De esa área, el proyecto minero se ejecutará en 200 hectáreas.

El método que va a utilizar Iamgold es el de explotación subterránea, que consiste en la extracción del oro a través de la apertura de túneles. Según Jaramillo, esto disminuirá el impacto ambiental, ya que el trabajo no se efectuará a cielo abierto.

De acuerdo al estudio de prefactibilidad de Quimsacocha, durante los tres primeros años se producirá un promedio de 224.000 onzas de oro por año. En los 7 años y medio, que se prevé la vida de la mina, se produciría un promedio de 202.000 onzas por año.


Fecha de Publicación: 2009-07-27 00:00

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