Monday, November 21, 2011

Yamana Gold Inc. - YRI.t

Yamana Gold Inc. - YRI.t operates significant gold production, development, and exploration properties in Brazil, Argentina, Chile, Mexico and Colombia.

The Company produced 1.3 million gold equivalent ounces in 2012.


On January 13, 2013 the company released Q4 Numbers

"Record total production for 2012 – 1.2M GEO(1) - increase of 9% from 2011

Record quarterly production for Q4 2012 – 322,800 GEO - increase of 17% over Q4 2011

2012 Cash costs(2) consistent with guidance – approx. $245 GEO

20% production growth in 2013 to 1.44 – 1.60 M GEO

33% production growth in 2014 to 1.60 – 1.77 M GEOYamana Begins Operations at the Mercedes Mine in Mexico

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On November 18, 2011 the company released NEWS

"Yamana Begins Operations at the Mercedes Mine in Mexico

TORONTO, Nov. 18, 2011 /CNW/ - YAMANA GOLD INC. (TSX:YRI) (NYSE:AUY) (LSE:YAU) ("Yamana" or "the Company") is pleased to announce that it has started operations at its Mercedes mine. The Mercedes mine, located in Sonora, Mexico, is Yamana's newest mine and represents the first of a number of new mines to begin production into 2013."
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