TORONTO, ONTARIO (TSX: IMG)(NYSE: IAG)(BOTSWANA: IAMGOLD)
provides additional segmented information on its fourth quarter
2007 results.
IAMGOLD Corporation Segmented Information
(US$'000 unless otherwise stated)
---------------------------------------------------------------------------
Gold Mines
Suriname Canada Botswana Mali Ghana Total
---------------------------------------------------------------------------
Fourth quarter
ended
December 31, 2007
Revenues 60,924 39,287 12,081 49,535 - 161,827
Earnings from
working
interests - - - - 7,872 7,872
Depreciation,
depletion and
amortization 10,010 10,085 5,811 5,846 - 31,752
Exploration
expense (1,473) 87 48 886 - (452)
Impairment
charges - 5,489 - - - 5,489
Investment income
(expense) - - (564) - - (564)
Income and mining
taxes
(recovery) 7,344 (391) - 5,134 - 12,087
Net earnings
(loss) 13,576 571 (4,617) 11,835 7,872 29,237
Expenditure for
mining
assets and
capitalized
exploration and
development 19,504 4,570 248 4,106 - 28,428
-------------------------------------------------------------------
Exploration
Total Gold and
Mines Non Gold Development Corporate Total
-------------------------------------------------------------------
Fourth quarter
ended
December 31, 2007
Revenues 161,827 32,419 - - 194,246
Earnings from
working
interests 7,872 - - - 7,872
Depreciation,
depletion and
amortization 31,752 6,051 71 189 38,063
Exploration
expenses (452) - 10,918 (726) 9,740
Impairment
charges 5,489 - - 414 5,903
Investment income
(expense) (564) - 121 2,777 2,334
Interest expense - 10 - 143 153
Income and mining
taxes
(recovery) 12,087 (1,534) 43 5,589 16,185
Net earnings
(loss) 29,237 8,961 (13,856) (15,844) 8,498
Expenditure for
mining
assets and
capitalized
exploration and
development 28,428 7,262 4,914 - 40,604
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Gold Mines
Suriname Canada Botswana Mali Ghana Total
---------------------------------------------------------------------------
Fourth quarter
ended
December 31, 2006
Revenues 27,025 19,209 12,017 50,090 - 108,341
Earnings from
working interests - - - - 6,303 6,303
Depreciation,
depletion and
amortization 4,220 2,106 4,453 4,231 - 15,010
Exploration
expense 242 886 128 3 - 1,259
Interest expense - - - 343 - 343
Income and mining
taxes (recovery) 3,127 184 (1,514) 7,876 - 9,673
Net earnings
(loss) (1,065) 1,718 (2,440) 18,517 6,303 23,033
Expenditure for
mining assets and
capitalized
exploration and
development 5,878 1,762 1,525 2,292 - 11,457
-------------------------------------------------------------------
Exploration
Total Gold and
Mines Non Gold Development Corporate Total
-------------------------------------------------------------------
Fourth quarter
ended
December 31, 2006
Revenues 108,341 12,831 - 78 121,250
Earnings from
working interests 6,303 - - - 6,303
Depreciation,
depletion and
amortization 15,010 4,024 - 195 19,229
Exploration
expenses 1,259 - 5,016 1,761 8,036
Impairment
charges - - 1,199 183 1,382
Investment income - - 33 881 914
Interest expense 343 16 - 368 727
Income and mining
taxes (recovery) 9,673 (266) 383 (441) 9,349
Net earnings from
discontinued
operations, net
of tax - 93 - - 93
Net earnings
(loss) 23,033 2,205 (6,712) (9,159) 9,367
Expenditure for
mining assets and
capitalized
exploration and
development 11,457 981 3,064 - 15,502
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 desirez obtenir la version francaise de ce communique,
veuillez consulter le http://www.iamgold.com/fr/accueil.html.
Contacts: IAMGOLD Corporation: Lisa Doddridge Director, Investor
Relations (416) 360-4710 or Toll Free: 1-888-IMG-9999 (416)
360-4750 (FAX) Email: info@iamgold.com Website: www.iamgold.com
Renmark Financial Communications Inc. John Boidman (514) 939-3989
(514) 939-3717 (FAX) Email: jboidman@renmarkfinancial.com Renmark
Financial Communications Inc. Henri Perron (514) 939-3989 (514)
939-3717 (FAX) Email: hperron@renmarkfinancial.com Website:
www.renmarkfinancial.com
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