Home > Company Performance > IAMGOLD Corporation
IAMGOLD is a mid-tier mining company with four operating gold mines on three continents (including one joint venture). A solid base of strategic assets in North and South America and West Africa is complemented by development and exploration projects and continued assessment of accretive acquisition opportunities. IAMGOLD is in a strong financial position with extensive management and operational expertise.
Guided by the vision to achieve Zero Harm, IAMGOLD conducts mining activities with a commitment to reaching the highest standards in human health and safety, minimizing impacts on the environment, and working cooperatively with host communities. The TSM initiative is strongly embedded in IAMGOLD’s Sustainability Standard, operating practices and pursuit of excellence.
IAMGOLD has participated in the TSM initiative in Canada and at the company’s international operations since 2007.
Last year, external verification of the company’s 2017 TSM performance was completed for the three IAMGOLD-managed operations (Essakane, Rosebel and Westwood) as well as the corporate head office in Toronto. This year’s self-assessment and the 2018 external verification highlighted several opportunities for continuous improvement.
TSM PROTOCOLS
Aboriginal and Community Outreach
All three mines were verified in 2018 at Level AAA across all four indicators of this Protocol. In addition, IAMGOLD was selected as the 2018 TSM Community Engagement Excellence Award winner for Essakane’s Scrap Metal Program Supporting Women Entrepreneurs.
Energy and GHG Emissions Management
All three mines were verified in 2018 to meet or exceed Level A across the three indicators of this Protocol. IAMGOLD is committed to renewable energy as exemplified by the development of the world’s largest hybrid photovoltaic plant heavy fuel oil (PVHFO) of 15 MW at Essakane and a 5 MW solar power plant at Rosebel as well as several smaller solar projects in support of local communities in Suriname.
Tailings Management
All three mines were verified in 2018 to meet or exceed Level A across the five indicators of the 2011 version of this Protocol. The Westwood Mine has minimized its overall environmental footprint by reducing the amount of newly disturbed land by using the former Doyon open pit for tailings storage. Opportunities to continuously improve governance and management of tailings across the company were identified. With the updated version of the Tailings Protocol, two of the three sites (Westwood and Rosebel) did not meet at least a Level A across all indicators this year. An action plan to address gaps is underway.
Biodiversity Conservation Management
All three mines were verified in 2018 to meet or exceed Level A across the three indicators. IAMGOLD is focused on enhancing facility level biodiversity management plans.
Safety and Health
All three mines were assessed to meet or exceed Level A across the five indicators with the exception of Essakane for indicator 5 due to a fatality in 2018.
Crisis Management and Communications Planning
All three mines and corporate were verified as “yes” in 2018 for the three indicators with the exception of indicators 2 and 3 for Rosebel and corporate. An action plan to address gaps is underway.
Preventing Child and Forced Labour
All three mines were verified in 2018 to have processes in place to meet the requirements of this Protocol.
For more information, please visit www.iamgold.com.
Facility | Crisis management and communications preparedness | Review | Training |
---|---|---|---|
IAMGOLD Corporation – Corporate | ✔ | ✔ | ✔ |
Essakane | ✔ | ✕ | ✔ |
Rosebel Gold Mines | ✔ | ✕ | ✕ |
Westwood | ✔ | ✔ | ✔ |
Facility | PREVENTING FORCED LABOUR | PREVENTING CHILD LABOUR |
---|---|---|
Essakane | ✔ | ✔ |
Westwood | ✔ | ✔ |
Community of Interest (COI) identification | Effective COI engagement and dialogue | COI response mechanism | Reporting | |
---|---|---|---|---|
Essakane | ||||
Rosebel Gold Mines | ||||
Westwood |
AAA
AA
A
B
C
Commitments and accountability | Planning and implementation | Training, behaviour and culture | Monitoring and reporting | Performance | |
---|---|---|---|---|---|
Essakane | |||||
Rosebel Gold Mines | |||||
Westwood |
AAA
AA
A
B
C
Tailings management policy and commitment | Tailings management system | Assigned accountability and responsibility | Annual tailings management review | Operation, maintenance and surveillance (OMS) manual | |
---|---|---|---|---|---|
Essakane | |||||
Rosebel Gold Mines | |||||
Westwood |
AAA
AA
A
B
C
Commitment, accountability and communications | Conservation planning and implementation | Reporting | |
---|---|---|---|
Essakane | |||
Rosebel Gold Mines | |||
Westwood |
AAA
AA
A
B
C
Energy use and greenhouse gas emissions management | Energy use and greenhouse gas emissions reporting systems | Energy and greenhouse gas emissions performance targets | |
---|---|---|---|
Essakane | |||
Rosebel Gold Mines | |||
Westwood |
AAA
AA
A
B
C
Facility | Total Direct Emissions (Tonnes CO2e) | Total Indirect Emissions (Tonnes CO2e) | Total Emissions | Total Energy Use (GJ) |
---|---|---|---|---|
Essakane | 334419 | 170 | 334589 | 5530139 |
Rosebel Gold Mines | 161212 | 0 | 161212 | 2963147 |
Westwood | 11442 | 210 | 11651 | 852823 |
International Initiatives | ||
---|---|---|
Industry Sustainability Initiatives | ICMM Sustainable Development Framework |
|
WGC Conflict Free Gold Standard |
✔ | |
ISO 14001 - EMS Standard |
||
Management System Standards | UN Global Compact |
|
International Voluntary Initiatives | Extractive Industries Transparency Initiative |
✔ |
Voluntary Principles on Security and Human Rights |
||
OECD Guidelines for Multinational Enterprises |
✔ | |
AA 1000 |
||
Reporting, Disclosure and Transparency Standards | Global Reporting Initiative |
✔ |
CDP |
||
Water Disclosure Project |
||
Carbon Pricing Leadership Coalition |
||
IFC Social and Environmental Performance Standards |
✔ | |
Financing Standards | Dow Jones Sustainability Index |
|
Listed on Socially Responsible Investing Indices | Jantzi Social Index |
✔ |
Responsible Jewellery |
||
Industry Sustainability Initiatives | International Cyanide Code |
|
Kimberley Process |
IAMGOLD Corporation | 2024 | TSM Letter of Assurance
IAMGOLD Corporation | 2024 | TSM Letter of Assurance
IAMGOLD Corporation | 2020 | TSM Letter of Assurance
IAMGOLD Corporation | 2017 | TSM Letter of Assurance
IAMGOLD Corporation | 2014 | TSM Letter of Assurance
IAMGOLD Corporation | 2011 | TSM Letter of Assurance
IAMGOLD Corporation | 2008 | TSM Letter of Assurance
IAMGOLD Corporation | Essakane | 2024 | Verification Summary Report
IAMGOLD Corporation | Westwood | 2024 | Verification Summary Report
TSM Results 2017 (Externally Verified)
TSM Results 2014 (Externally Verified)
Mining Association of Canada
1100-275 Slater Street
Ottawa, ON K1P 5H9
613.233.9392 ext 316
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