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 and offer significant exposure to gold through continued production and resource growth. Production is expected to grow from 1.10M GEO in 2011 to an annual rate of approximately 1.75M GEO in 2014, an increase of over 60%, with additional growth potential.
Operating Outlook |
| Production (millions) |
2011E |
2012E |
2013E |
| Total gold equivalent production (GEO) (1) (2) |
1.10M |
1.2 - 1.3M |
1.5 - 1.7M |
| Copper production (lbs) (Chapada) |
166M |
140 - 155M |
120 - 135M |
| Cash costs (US$) |
2011E |
2012E |
2013E |
| By-product cash costs (3) |
Approx. $50/GEO |
Below $250/GEO |
Below $250/GEO |
(1) From continuing operations only. Including production from Alumbrera.
(2) GEO calculations included silver production as a gold equivalent at a ratio of 50:1.
(3) Includes Alumbrera.
Financial Status (as at September 30, 2011) |
| Cash & Cash Equivalents |
US$571M |
| Cash & Available Credits |
US$1.160B |
| Debt |
US$431M |
| Quarterly Dividend |
US$0.05 |
Capitalization (as at September 30, 2011) |
| Common Shares Outstanding (basic): |
745.7M |
| Common Shares Outstanding (fully diluted): |
746.2M |
| Options Outstanding: |
0.5M |