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Company Profile
Yamana Gold has a diversified portfolio of assets providing sustainable gold production supported by a large resource base. We have industry-low cash costs and operations in some of the world’s most stable mining jurisdictions. Every Yamana Gold share offers significant exposure and increasing leverage to gold through continued production and mineral resource growth. We have increased production from 1.0 million GEO in 2010 to 1.2 million GEO in 2012 and are targeting an annual production rate of approximately 1.75 million GEO in 2014.
2012 Performance
Increased production to 1.2 million GEO
Contained by-product cash costs to below $250 per GEO
Delivered strong financial results
Completed commissioning at the Mercedes mine in Mexico
Advanced three development projects
Increased dividend
2013 Objectives
Increase production to over 1.4 million GEO
Contain by-product cash costs to below $365 per GEO
Deliver strong financial results and significant free cash flow
Ramp up production at two new mines, begin production at a third
Advance Cerro Moro project
Continue effective exploration program
Uphold best practices and international standards in corporate social responsibility
TSX:
YRI
:
10.71
-0.58
NYSE:
AUY
:
10.69
+0.28
LSE:
YAU
:
686.00
+0.00
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