TSX: IMG
NYSE: IAG
TORONTO, April 16, 2013 /CNW/ - IAMGOLD Corporation ("IAMGOLD" or the "Company") corrects information reported today
concerning spending at the Company's Essakane mine in Burkina Faso.
IAMGOLD is maintaining previously announced $300 million capital
spending plans for Essakane in 2013, of which approximately $200
million is required to complete a project to expand its throughput
capacity. This project commenced construction in July of 2012 and is
on budget and on time for completion in the fourth quarter of this
year. No other capital projects are planned, contrary to a Thomson
Reuters article published earlier today.
About IAMGOLD
IAMGOLD (www.iamgold.com) is a leading mid-tier gold producer with six operating gold mines
(including current joint ventures) on three continents. In the Canadian
province of Québec, the Company also operates Niobec Inc., one of the
world's top three producers of niobium, and owns a rare earth element
resource close to its niobium mine. IAMGOLD is well positioned for
growth 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 on certain regions in Canada and select countries
in South America and Africa.
Please note:
This entire news release may be accessed via fax, e-mail, IAMGOLD's
website at www.iamgold.com and through CNW Group's website at www.newswire.ca. All material information on IAMGOLD can be found at www.sedar.com or at www.sec.gov.
Si vous désirez obtenir la version française de ce communiqué, veuillez
consulter le http://www.iamgold.com/French/Home/default.aspx.
SOURCE: IAMGOLD Corporation
Bob Tait, VP Investor Relations, IAMGOLD Corporation
Tel: (416) 360-4743 Mobile: (647) 403-5520
Laura Young, Director, Investor Relations, IAMGOLD Corporation
Tel: (416) 933-4952 Mobile: (416) 670-3815
Toll-free: 1-888-464-9999 info@iamgold.com