Edition:
United States

Yamana Gold Inc (YRI.TO)

YRI.TO on Toronto Stock Exchange

3.72CAD
26 May 2017
Change (% chg)

$-0.02 (-0.53%)
Prev Close
$3.74
Open
$3.80
Day's High
$3.81
Day's Low
$3.71
Volume
2,449,166
Avg. Vol
5,008,033
52-wk High
$7.87
52-wk Low
$3.29

Latest Key Developments (Source: Significant Developments)

Yamana Gold reports qtrly net loss $0.01/shr from continuing operations
Wednesday, 3 May 2017 05:27pm EDT 

May 3 (Reuters) - Yamana Gold Inc :Qtrly revenue from continuing operations $403.5 million versus $400.9 million.Qtrly net loss per share from continuing operations $0.01.Yamana Gold Inc qtrly average realized gold price per ounce $1,220 versus. $1,189.Yamana Gold Inc qtrly average realized copper price per pound $2.57 versus. $2.25.Yamana Gold Inc says company reiterates its cost guidance for 2017.Says company is increasing its annual production guidance to 940,000 ounces of gold after a strong first quarter.Yamana Gold Inc qtrly average realized silver price per ounce $17.29 versus. $14.94.Says 2017 silver production is expected to increase more significantly, in percentage terms, than gold production.Says 2017 copper production, all of which is from chapada, is expected to remain constant throughout the guidance period.Yamana Gold - qtrly total gold produced, attributable to the company, 257,533 ounces versus. 283,758 ounces last year.Yamana Gold - qtrly total silver produced 1,079,108 ounces versus. 1,802,029 ounces last year.Yamana Gold - qtrly total copper production 26.5 million pounds versus. 25.9 million pounds last year.Yamana Gold - co expects to generate significant increases in cash flow and free cash flow beginning in 2018.  Full Article

Yamana Gold reports Q4 loss per share $0.38
Thursday, 16 Feb 2017 07:40pm EST 

Yamana Gold Inc : Yamana Gold announces fourth quarter and full year 2016 results . Q4 loss per share $0.38 . Q4 earnings per share view $0.01 -- Thomson Reuters I/B/E/S . Q4 revenue $484.4 million versus I/B/E/S view $488.1 million . Q4 average realized gold price per ounce $1,210 versus $1,102 . Yamana Gold Inc - Q4 silver production from continuing operations was 1.6 million ounces, compared to 1.9 million ounces in same quarter of 2015 . Yamana Gold Inc - Q4 gold production from continuing operations was 319,265 ounces of gold, compared to 316,795 ounces of gold produced in Q4 of 2015 . Yamana Gold -total cost of sales per ounce of gold in Q4 of 2016, excluding brio gold, was $935 per ounce sold, unchanged from same quarter of 2015 . Q4 average realized silver price per ounce $17.17 versus $14.62 . Yamana Gold -including brio gold, total cost of sales for gold in q4 of 2016 was $1,004 per ounce sold, compared to $959 per ounce sold in same period of 2015 . Yamana Gold Inc - total copper production for Q4 of 2016 was 36.9 million pounds, compared to 36.6 million pounds for same period of 2015 . Q4 average realized copper price per pound $2.48 versus $2.26 . Yamana Gold -on a co-product basis, aisc from continuing operations, excluding brio gold, were $894 per ounce of gold produced for q4 of 2016, compared to $773 per ounce.  Full Article

Yamana Gold reports Q4 loss per share $0.38
Thursday, 16 Feb 2017 06:30pm EST 

Yamana Gold Inc : Yamana Gold announces fourth quarter and full year 2016 results . Q4 loss per share $0.38 . Q4 earnings per share view $0.01 -- Thomson Reuters I/B/E/S . Q4 revenue $484.4 million versus I/B/E/S view $488.1 million . Q4 average realized gold price per ounce $1,210 versus $1,102 . Yamana Gold Inc - Q4 silver production from continuing operations was 1.6 million ounces, compared to 1.9 million ounces in same quarter of 2015 . Yamana Gold Inc - Q4 gold production from continuing operations was 319,265 ounces of gold, compared to 316,795 ounces of gold produced in Q4 of 2015 . Yamana Gold -total cost of sales per ounce of gold in Q4 of 2016, excluding brio gold, was $935 per ounce sold, unchanged from same quarter of 2015 . Q4 average realized silver price per ounce $17.17 versus $14.62 . Yamana Gold -including brio gold, total cost of sales for gold in q4 of 2016 was $1,004 per ounce sold, compared to $959 per ounce sold in same period of 2015 . Yamana Gold Inc - total copper production for Q4 of 2016 was 36.9 million pounds, compared to 36.6 million pounds for same period of 2015 . Q4 average realized copper price per pound $2.48 versus $2.26 . Yamana Gold -on a co-product basis, aisc from continuing operations, excluding brio gold, were $894 per ounce of gold produced for q4 of 2016, compared to $773 per ounce.  Full Article

Yamana Gold reports 2017-2019 outlook
Thursday, 16 Feb 2017 05:56pm EST 

Yamana Gold Inc : Yamana Gold provides 2017-2019 outlook . Yamana Gold Inc says foresees a hiatus in significant expansionary capital spending after completion of Cerro Moro and Barnat Extension at Canadian malartic in 2018 . Yamana Gold Inc says company is not expecting to begin development of any major projects in next five years . Yamana Gold Inc sees total silver production 4.7 million oz for 2017 . Yamana Gold Inc sees 2017 total gold production 920,000 oz . Yamana Gold Inc sees total copper production (chapada) for 2017 120 million lbs .Yamana Gold Inc sees 2018 total gold production 1.03 million oz ; sees 2019 total gold production 1.10 million oz.  Full Article

Yamana Gold delivered production at costs in line with expectations for 2016
Wednesday, 11 Jan 2017 07:40pm EST 

Yamana Gold Inc : Yamana Gold provides preliminary 2016 operational results . Says delivered production at costs in line with expectations for FY2016 with total cost of sales per ounce of gold sold of about $1,011 .Yamana gold- "costs are expected to decrease over next few years as company optimizes operations".  Full Article

Yamana provides update on labour negotiations in Chile
Monday, 9 Jan 2017 08:07pm EST 

Yamana Gold Inc : Yamana provides update on labour negotiations in Chile . Says collective bargaining agreements have been entered into at Minera Florida . Company has been in negotiations with unions representing workers employed at el peñón and minera florida . Operations at El Peñón have been suspended in light of foregoing .YAMANA GOLD INC - both unions representing underground workers have rejected co's final offer.  Full Article

Yamana announces filing of final prospectus relating to Brio gold purchase rights
Thursday, 17 Nov 2016 11:37pm EST 

Yamana Gold Inc : Yamana announces filing of final prospectus relating to Brio Gold purchase rights . Yamana Gold - Unit filed final prospectus in Canada in connection with secondary offering of common shares in capital of Brio Gold held by company . Yamana Gold Inc - Final prospectus qualifies distribution of an aggregate of up to 59.2 million Brio shares at a price of C$3.25 per Brio share .Yamana Gold Inc - Net proceeds from offering and additional distribution increase Yamana's cash balances and thereby reduce Yamana's net debt.  Full Article

Yamana Gold reports Q3 adjusted earnings per share $0.02
Thursday, 27 Oct 2016 04:05pm EDT 

Yamana Gold Inc : Yamana Gold announces third quarter 2016 results . Q3 earnings per share $0.00 . Q3 revenue $464.3 million versus i/b/e/s view $518 million . Q3 earnings per share view $0.04 -- Thomson Reuters I/B/E/S . Q3 adjusted earnings per share $0.02 . Yamana Gold Inc - q3 production was 328,604 ounces of gold, higher by 3%, compared to 320,346 ounces of gold produced in q3 of 2015 . Q3 average realized gold price per ounce $ 1,337 versus $1,122 . Yamana Gold - at chapada, operations resumed at regular throughput levels for august and september following challenges related to mechanical failure . Q3 average realized silver price per ounce $19.53 versus $14.88 . Q3 average realized copper price per pound $2.14 versus $2.85 . Yamana Gold Inc - on a co-product basis, aisc from continuing operations were $965 per ounce of gold produced for q3 versus $844 per ounce of gold produced . Yamana gold inc qtrly total silver produced 1.69 million ounces versus 2.12 million ounces . Yamana Gold Inc - sees fy consolidated total cost of sales per unit sold for gold $980 - $1,020 . Yamana Gold Inc - sees fy consolidated total cost of sales per unit sold for silver $13.75 - $14.75 . Yamana Gold Inc says total copper production for q3 of 2016 was 29.6 million pounds, compared to 34.0 million pounds for same period of 2015 . Yamana Gold Inc - sees fy consolidated total cost of sales per unit sold for copper $1.80 - $2.00.  Full Article

Yamana Gold raises about $178 mln from Mercedes mine sale, Sandstorm Warrant monetization
Monday, 3 Oct 2016 06:30am EDT 

Yamana Gold Inc :Yamana Gold raises total consideration of approximately $178 million through completion of the sale of its Mercedes mine and monetization of Sandstorm Warrant Holdings.  Full Article

Yamana clarifies information relating to certain interests in Catamarca
Monday, 26 Sep 2016 05:29pm EDT 

Yamana Gold Inc : Co is advised that use of rivers, mining activities and environmental matters, as set out in constitution, are purview of government of province of Catamarca . Yamana Gold Inc says project updates and this development scenario will be presented to government of catamarca in following weeks . Continues to work with stakeholders to ensure existing mining laws and frameworks for development of mining projects are respected . Yamana gold clarifies information relating to certain interests in Catamarca province in Argentina . On Sept 8, a municipal ordinance was passed, effective on Sept 21, that purports to prohibit open pit mining in high river basin of town of Andalgala .As such, municipal ordinance is not binding or legal and is mostly symbolic.  Full Article

More From Around the Web

BRIEF-Brio Gold announces secondary offering by Yamana Gold Inc

* Brio Gold Inc - pursuant to agreement, underwriters have agreed to purchase 26.7 million common shares on a bought deal basis at a price of C$3.00/share Source text for Eikon: Further company coverage: