Yamana Gold Reports Record Revenues, Soaring Profit in Q4

Mining Weekly reported that Yamana Gold recorded a surge of 88.8 percent in fourth quarter profits due to a spike upwards in output.

As quoted in the market report:

Net earnings for the quarter ended December 31 were $169.2-million or 22c a share, an 88.8% increase year-on-year when compared with net earnings of $89.6-million or 12 c a share in the same quarter of 2011. Higher net earnings for the fourth quarter of 2012 were mainly owing to higher mine operating earnings, partly offset by higher operating expenses and higher income tax expenses.

To view the whole Mining Weekly report, click here. 

Get the Latest Gold Investing Stock Information

Get the latest information about companies associated with Gold Investing delivered directly to your inbox.

Gold
Gold Mine Development
Gold Production/Mining
Gold Project Generators
Gold Prospecting and Exploration
Gold Resource Definition/Pre Feasibility
Gold Resource Expansion/Feasibility Study/PEA
Other Companies

By selecting company or companies above, you are giving consent to receive email from those companies. And remember you can unsubscribe at any time.

Gold Outlook Report - Late 2017!

Get your FREE Updated Gold Outlook Report

Includes expert commentary, production numbers and gold stocks to keep an eye on.

Click here to get your free report!
Comments

Leave a Reply