IAMGOLD Appoints Senior Vice President, West African Presence Expands

January 14th, 2009

IAMGOLD (IAG: $14.70) appoints Brian Chandler as Senior Vice President, African Operations. Chandler will lead the expansion on the African continent.

Chandler’s background is a professional engineer with “25 years’ experience in many aspects of the mining industry” based on statements from the company. Prior to the appointment, Chandler held a position as a consultant.

“[Chandler] will be establishing an IAMGOLD Corporate Office in Africa, initially in Dakar, from which he will be responsible for IAMGOLD’s African operations and for building relationships with joint venture partners, governments and local communities,” said a recent press release from the company.

In 2008, about half of IAMGOLD’s global gold production was African operations. Currently the company has interests in two gold mines in Mali, two in Ghana and one in Botswana. Also, recently announced was the acquisition of Orezone Resources where a 90% interest in the fully permitted, 4 million ounce Essakane gold project, located in Burkina Faso, West Africa. The Burkina Faso Government holds the remaining 10%.

“[The] newly appointed Managing Director, IAMGOLD Africa, Brian Chandler will play a leading role in the integration and construction of the Essakane gold project [in West Africa], reports the recent statements from the company.

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Entry Filed under: Business News | Tags: IAG, IAMGOLD