On December 23, 2016, Brio Gold became a standalone public company in which Yamana currently retains approximately 85% ownership. The going public event was a milestone in the process to realize and maximize value from certain Brazilian assets.
Brio Gold has three operating mines (Pilar, Fazenda Brazileiro and Riacho dos Machados) and is advancing the re-commissioning of another (Santa Luz). In 2016, Brio Gold produced approximately 190,000 ounces of gold on a 100%-basis and production is expected to increase to 223,000 - 243,000 ounces of gold on a 100%-basis in 2017.
Further information on Brio Gold is available here.