The Conversation (0)
Yamana Gold Provides Preliminary 2017 Operational Results and an Update on Construction Activities at Cerro Moro
Jan. 12, 2018 09:30AM PST
Gold InvestingYamana Gold (TSX:YRI)(NYSE:AUY) (“Yamana” or “the Company”) herein provides preliminary fourth quarter and full year production results for 2017. The Company is also pleased to report on construction activities at its Cerro Moro project in Argentina. Full year production for both gold and copper exceeded the higher guidance levels set in October, which, for gold, was …
Yamana Gold (TSX:YRI)(NYSE:AUY) (“Yamana” or “the Company”) herein provides preliminary fourth quarter and full year production results for 2017. The Company is also pleased to report on construction activities at its Cerro Moro project in Argentina.
- Full year production for both gold and copper exceeded the higher guidance levels set in October, which, for gold, was the second increase of the year. Original guidance set in February 2017 was for 920,000 ounces of gold, 4.74 million ounces of silver, and 120 million pounds of copper.
- Production for all metals was delivered at costs in line with or better than guidance for the full year.
- 2017 production from Yamana’s mines is a significant production platform which the Company expects to enhance in 2018 through further operational improvements and with the startup of the high-grade Cerro Moro gold-silver mine.