IAMGOLD Corporation
TSX : IMG
NYSE : IAG
BOTSWANA : IAMGOLD

IAMGOLD Corporation

November 17, 2010 14:58 ET

IAMGOLD Recognized for Its Corporate Social Responsibility

TORONTO, ONTARIO--(Marketwire - Nov. 17, 2010) - IAMGOLD Corporation ("IAMGOLD" or the "Company") (TSX:IMG)(NYSE:IAG)(BOTSWANA:IAMGOLD) reports that at the November 16th gala dinner of the annual Corporate and Community Social Responsibility Conference (the "Conference") at Algonquin College in Ottawa (Ontario, Canada) IAMGOLD was awarded the Corporate Social Responsibility ("CSR") award. 

The Conference is convened to celebrate and showcase excellence in the area of Social, Economic and Environmental sustainability. The driving force behind the Conference is Algonquin College with strong support from four Ontario academic institutions: Carleton University, La Cité Collégiale, the University of Ottawa and the University of Waterloo as well as Red River College in Manitoba.

Judged against the efforts of all Canadian companies, the Conference singled out IAMGOLD as the winner of this award for its Zero Harm vision of maintaining the highest standards in human health, minimizing impact on the environment, and working co-operatively with host communities. IAMGOLD was recognized for having established over 28 community and NGO partnerships companywide, in Suriname, Botswana, Burkina Faso, Ecuador, Canada and French Guiana.

The award presentation highlighted the Company's continuing commitment to social stewardship that has yielded sustainable projects centered on infrastructure, capacity building, education, health and livelihood improvement. Examples include: water supply projects, market garden development, new and improved schools and medical facilities, support for youth programs, capacity building, and improving agriculture techniques. Examples and details are available on the Company's website (www.iamgold.com) and in the Company's 2009 Health, Safety and Sustainability Report.

In accepting this award, IAMGOLD President and CEO, Steve Letwin said, "IAMGOLD's rapid rise to become a mid-tier gold producer has been coupled with an aggressive strategy in achieving exceptional health, safety and sustainability performance. With management's full commitment to the vision of Zero Harm, success is not solely measured by financial success; management believes that production, financial strength, growth, shareholder return, reputation and health, safety and corporate social responsibility carry equal importance."

About IAMGOLD

IAMGOLD (www.iamgold.com) is a leading mid-tier gold mining company producing approximately one million ounces annually from 8 gold mines on 3 continents. IAMGOLD is uniquely positioned 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 in West Africa, select countries in South America and in the Canadian provinces of Ontario and Québec, where it also operates a niobium mine.

Please note:

This entire news release may be accessed via 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.iamgold.com.

Si vous désirez obtenir la version française de ce communiqué, veuillez consulter le http://www.iamgold.com/French/Home/default.aspx.

Contact Information

  • IAMGOLD Corporation
    Bob Tait
    VP Investor Relations
    (416) 360-4743 or Mobile: (647) 403-5520
    Toll-free: 1 888 464-9999
    info@iamgold.com