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IAMGOLD Corporation At the time, Ron Little, CEO of Orezone stated: "IAMGOLD brings the capital required to bring Essakane into production in these difficult markets. This transaction also results in a very positive outcome for those dedicated to the development of the Essakane Project, including the people of Burkina Faso, especially the Essakane community and the construction team that Orezone has established."That benefit has resulted in the creation by IAMGOLD of a brand new village comprising 2,200 new homes, a new medical clinic, a school and a church. The traditional mud houses with thatched roofing have been replaced by concrete buildings with corrugated steel roofs. The first occupants have now moved in and provided very positive feedback on the changes. The purchase of Orezone is just one of a number of acquisitions made by IAMGOLD, whose acquisitions policy serves as part of a wider four-pronged expansion strategy. In essence, the business aims to grow in four ways: through organic growth, by building on existing operations and increasing plants; through mergers and acquisitions, thereby acquiring existing operations (such as Essakane); through exploration (which includes joint ventures like the Sadiola project); and through grass-roots exploration-the company has more than 60 exploration professionals, based in nine countries in Africa and the ounces annually from eight mines on three continents. With a rich pipeline of development and exploration projects, IAMGOLD employs roughly 4,000 workers and operates out of Senegal in West Africa; the Guiana Shield of South America; and Quebec.The company, although headquartered in Toronto and listed on the Canadian Stock Exchange, still has a great focus on Africa; and while mining gold remains a priority, today it places its emphasis on building sustainable communities across the African continent and taking care of the environment. IAMGOLD is naturally looking at expansion and opportunities all the time; but it also prioritises working closely with local communities, with the aim of helping to build better lives. Its activities bring leadership and money to towns; but it would be impossible for the company to achieve its goals without the help of local people. Perhaps the best illustration of this emphasis on community spirit can be found in IAMGOLD's latest mining acquisition at Essakane in Burkina Faso. The site was acquired as part of the purchase of Orezone for $500 million in February of last year. Production should begin there by late August 2010; and it is hoped that the mine will produce up to 400,000 ounces of gold per year. However, to make any of this possible, IAMGOLD needed to re-house an entire community that previously lived on the mining areas. March 10 www.bus-ex.com 41Allship Logistics Ltd is proud to have participated in the success of IAMGOLD's new mine being constructed at Essakane in Burkina Faso. We offer logistics solutions to our mining clients in Ghana and Burkina Faso. We have the experience and expertise in the many complex transport activities needed to ensure delivery of essential materials and equipment in this demanding sub-Saharan environment.Allship Logistics LtdWe are proud to be associated with IAMGOLD, having supplied them the Gold Room furnaces and some assay laboratory equipment for their Essakane Project in Burkina Faso. As a long time key supplier to the global precious metals industry (for 50+ years), we value being partnered with clients like IAMGOLD who exhibit professionalism in every aspect of their business/outlook.Leonard Light Industries