Botswana Stock Exchange

Friday, 7 December 2007

IAMGOLD Intercepts Westwood Mineralization at Depth (Dec 05, 2007 13:47 ET)

TORONTO, ONTARIO--(Marketwire - Dec. 5, 2007) - IAMGOLD Corporation ("IAMGOLD" or "the Company") (TSX:IMG)(NYSE:IAG)(BOTSWANA:IAMGOLD) is pleased to announce results from 5 drill holes of the ongoing drill program at the Westwood project, an advanced stage exploration project located within the Company's Doyon mine property in the Abitibi region of Northern Quebec.These results include intercepts of the Zone 2 extension at a vertical depth of approximately 2.3 kilometers in hole R14281B-07, which is 800 metres deeper than mineralization previously intersected. This hole was specifically planned to test the depth potential and includes 10.0 metres averaging 11.5 grams per tonne (g/t) gold and 5.0 metres averaging 23.0 g/t gold. These results are significant given the depth of the known 3.3 million ounce resource previously delimited which is less than 1.5 kilometres.The first hole east of the Bousquet Fault, hole R14404-07 also intercepted the Zone 2, a 3.0 metre intercept averaging 10.2 g/t gold and narrow massive sulphide mineralization, a 2.0 metre intercept of 3.6 g/t gold, 5.0% zinc, within the Westwood horizon.These higher grade intercepts and intercepts at depth may have significant impact on the strike length and have potential to substantially increase the total Westwood resource."These results are some of the best to date on the Westwood project. With the increasing gold grades at this depth we are very encouraged that Westwood could become a world class deposit," commented Joseph Conway, President & CEO. "The acceleration of this project in 2007 will continue in 2008 and the results to date continue to confirm that Westwood will be IAMGOLD's future in Northern Quebec."Significant intersections from this drilling campaign can be found in Table 1 with a longitudinal section of Zone 2 shown in Figure 1. These holes represent 7,050 metre of drilling since September 1, 2007 for a total of 25,000 metre of drilling this year.In January 2008, valuation drilling on Zone 2 will begin. This will involve the drilling of a 400 metre by 400 metre block or panel, to demonstrate the continuity of the deposit. In addition, work will continue on the southern exploration drift toward the mineralized zones, which will be reached in the first quarter of 2008.

Some intersections from these holes have been released previously.
Qualified Person / Quality Control NotesThe drilling program was carried out by IAMGOLD employees, under the supervision of Ms. Nicole Houle, Geologist - Doyon Division. Ms. Houle is a qualified person (as defined by National Instrument 43-101) with more than 20 years of experience in mine and exploration geology. IAMGOLD has established an Analytical Quality Assurance Program to control and assure the analytical quality of assays in its gold exploration. This program includes the systematic addition of blank samples, reject and pulp duplicates and internal material references (the "standards") to each batch of samples sent for analysis. Blank samples are used to check for possible contamination in laboratories, field duplicates allow the quantification of overall precision while standards determine the analytical accuracy. Samples were sent for assaying to Doyon's internal laboratory as a primary laboratory. Samples were assayed by fire-assay according to industry standards.Cautionary Note to U.S. InvestorsThis press release includes certain "Forward-Looking Statements" within the meaning of section 21E of the United States Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, included herein, including without limitation, statements regarding potential mineralization and reserves, exploration results and future plans and objectives of IAMGOLD, are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from IAMGOLD's expectations are disclosed under the heading "Risk Factors" and elsewhere in IAMGOLD documents filed from time-to-time with the Toronto Stock Exchange, the United States Securities and Exchange Commission and other regulatory authorities.

BDC gets land back (07 December, 2007)

PARLIAMENT - Certain portions of the Selibe Phikwe Central Business District (CBD) will revert back to the Botswana Development Corporation (BDC) after the 50 year fixed period state grant expires.
The Assistant Minister of Finance and Development Planning Mr Duncan Mlazie told Parliament that BDC holds a 50 year fixed period state grant on lots 2592 and 2593 in the Selibe Phikwe CBD.
He added that BDC holds these properties through its 100 per cent owned subsidiary, Commercial Holdings (Pty) Ltd.
Mr Mlazie said BDCs 50 year grant on the properties will expire in 2023, and the corporation intends applying for a further 50 year fixed period state grant from then on.
Should the application for a further 50 years be granted, the corporation will favourably consider the request for extensions by businesses that currently hold the lease with it, said Mr Mlazie.
The MP for Selibe Phikwe West Mr Kavis Kario had asked the assistant minister whether it is correct that certain portions or the entire Selibe Phikwe CBD have to revert to the BDC in 43 years from the date of registration of the title deed most of which were registered around 1980 thereby giving business in CBD only 15 years within which to operate Kario also wanted to know the implications of these conditions for the future of these businesses.

Wednesday, 5 December 2007

Loss of diamond licence could cost Anglo American $500m

THE UPCOMING expiry of a key diamond licence in Botswana could wipe more than $500m (pounds 285m) from Anglo American's profits, according to City analysts. ...

Stanchart profits up 20 percent

Standard Chartered Bank Botswana has released a healthy set of financial results for the first three quarters of the year ended 30 September 2007, in which profit after tax increased by 20 percent in comparison with the previous period. ...

MRI BOTSWANA LIMITED on SHIBUI

MRI BOTSWANA LIMITED. INDUSTRY: Medical Equipment Rental and Leasing COUNTRY: Botswana. contact information & quickview courtesy of WorldVest Base ...

Venture Partners Botswana

.. Entrepreneurs (Pty) Ltd, Cabling for Africa (Pty) Ltd, Delta Dairies (Pty) Ltd, Botswana Telecommunication Corporation, Fabulous Flowers (Pty) Ltd. ...

Investec takes a big stake in African Diamonds

Investec Botswana, the fund management outfit, recently acquired a big stake in African Diamonds Plc, making Batswana to be the proud owners of 15 percent ...

Investec Asset Management Botswana Retirement Funds Conference

Investec Asset Management Botswana, in conjunction with the Botswana Pensions Society, hosted the second retirement funds conference in Gaborone last week. ...

Tuesday, 6 November 2007

Govt approves coal mine study

Republic of Botswana - Gaberones,BotswanaGABORONE - The government has approved the CIC Energy Environmental Impact Statement (EIS) for the power station and mine for the Mmamabula Energy Project. ...See all stories on this topic

Standard Chartered Bank - The Huffington Post

... of the bank in Botswana which came with an enviable array of benefits. Speaking at the same occasion, the Chairman of Standard Chartered Bank in Botswana, ...

nzx.com NZX: First NZ Capital Securities Limited - StartAid

NZX: First NZ Capital Securities Limited ... Bhutan, Bolivia, Bosnia Herzegovina, Botswana, Brazil, Brunei, Bulgaria, Burkina Faso, Burma, Burund, Cambodia ...

Botswana smelter restarts after six-week repair

LionOre Mining International Ltd. Said it gained approval from the government of Botswana to start building a $620-million nickel refinery that it. ...

African Diamonds wins 3 exploration licences

Hemscott - London,UKLONDON (Thomson Financial)
African Diamonds PLC said it won three exploration licences close to the Orapa region in Botswana. ''We have stated publicly ...See all stories on this topic

Olympia Capital Holdings ltd — Fri, October 26 2007 ~ Nairobi ...

Olympia Capital Holdings has a 53% stake in Olympia Capital Corporation which is ... Olympia Capital Corporation (OCC) has once again become a subsidiary of ...

Discovery Metals Limited - Drilling Report | Regulatory News ...

Discovery Metals Limited - Drilling Report ... Prospect within Discovery Metals Limited's (AIM:DME) 100%-owned Maun Copper Project in northwest Botswana. ...

Market News - Discovery Metal Limited

Company, Discovery Metals Limited. TIDM, DME. Headline, Drilling Report ... Metals Limited's (AIM:DME) 100%-owned Maun Copper Project in northwest Botswana. ...

FURN - Furniture Mart Botswana Limited - Google Finance

Furniture Mart Limited retails domestic furniture and electrical appliances through its network of stores in Botswana, Namibia, Zambia and South Africa. ...

Tuesday, 23 October 2007

IAMGOLD Signs Option for Sale of Sleeping Giant

Trading Markets (press release) - Los Angeles,CA,USA
TORONTO, ONTARIO, Oct 09, 2007 (MARKET WIRE via COMTEX) -- IMG | charts | news | PowerRating -- IAMGOLD Corporation ("IAMGOLD" or "the Company") (TSX: ...
See all stories on this topic

AfricanSelect | Innscor Africa Limited - INNSCOR: Stock quote and news

Sefalana Holding Company Limited. Botswana SEFALANA, 12 Oct. Close (BWP), Chg, Vol '000, Cap (Mil). 34.00, 0.00, N/A, 544. Chobe Holdings. Botswana ...

AfricanSelect | Standard Chartered Bank Botswana Limited ...

Standard Chartered Bank Botswana Limited. Botswana STANCHART, 16 Oct. Close (BWP), Chg, Vol '000, Cap (Mil). 26.00, 0.00, N/A, 7490 ..

TheLion.com - Turnstar Holdings Limited (TURN)

Botswana government grants copper project 25-year mining licence

The government of Botswana has granted African Copper a 25-year mining licence for its 100%-owned Dukwe project, allowing the company to accelerate. ...

Mineweb - RSS - African Diamonds expects big Botswana mine by end-2009

Mineweb - RSS - African Diamonds expects big Botswana mine by end-2009
African Diamonds has applied for a mining lease for the massive AK6 diamond mine in Botswana. The mine is due to start production in 2009 and is expected to ...