Yamana Gold has a diversified portfolio of assets providing sustainable gold production supported by a large mineral reserve and mineral resource base. We have industry low cash costs and operations in some of the world’s most stable mining jurisdictions. Yamana offers significant exposure 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.
Operating Outlook
|
| Production (millions) |
2013E |
2014E |
| Total gold equivalent production (GEO) (1) (2) |
1.44 - 1.60M |
1.60 - 1.77M |
| Copper production (lbs) (Chapada) |
120 - 135M |
130 - 145M |
| Cash costs (US$) |
|
|
| By-product cash costs (3) |
Below $365/GEO |
|
(1) Including production from Alumbrera.
(2) Silver production is treated as a gold equivalent at a ratio of 50:1.
(3) Includes Alumbrera.
Financial Status (as at December 31, 2012)
|
| Cash & Cash Equivalents |
US$350M |
| Cash & Available Credits |
US$1.1B |
| Debt |
US$766M |
| Quarterly Dividend |
US$0.065 |
Capitalization (as at December 31, 2012)
|
| Common Shares Outstanding (basic): |
752.2M |
| Common Shares Outstanding (fully diluted): |
749.6M |
| Options Outstanding: |
4.1M |