IAMGOLD Corporation Annual Report 2010
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As IAMGOLD's Senior Vice President, Project Development, my role is to bring projects to life. Once it has been determined that a deposit can be mined profitably, the project enters the development stage. This is the exciting period when we must decide what has to be designed and built to achieve high performance, optimum costs and minimum risks at the operational level, while adapting well to a variety of local cultures and environments. Once we mobilize for the construction of a project, the human and financial resources required are daunting, and proven project management skills and meticulous attention to detail are critical to ensure projects are completed on schedule and on budget.

Behind every successful development project is an outstanding development team. The IAMGOLD team has the depth of knowledge and experience needed to carry projects through to completion, ensuring the most efficient use of time and resources. Each new project provides us with challenges and opportunities to improve our development model, therefore better equipping us to anticipate and address future challenges.

The Essakane mine is a case study in development excellence. When the mine was gearing up for production, the Doyon mine in the province of Québec was winding down. Several long-term employees from Doyon, including the current General Manager, Langis St-Pierre, relocated to Essakane where their technical expertise was invaluable in training the plant operators and supporting the start-up of the mine. This resulted in Essakine ramping up ahead of schedule and above design capacity.

Our Westwood development project, with an inferred resource of 3.5 million ounces of gold and an estimated mine life of 16 years, is well on track to becoming an operating mine in early 2013. Throughout 2010 we made good progress – including the completion of the raise for ventilation and the sinking of the shaft another 600 metres to reach a depth of 1,063 metres. This year, we will sink the shaft another 500 metres and construct a surface waste silo enabling ore development to begin at the end of 2011.

When you consider our achievement at Essakane and the promising outlook for Westwood, it's clear that the hallmarks of our development success are a proven business model and a team with a passion for excellence.



Denis Miville-Deschênes
Senior Vice President, Project Development


 
 
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