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Why Invest
Why Yamana?
Growth across all key measures
- In resources, production, cash flow
- Prudent and disciplined growth
- Quality and quantity of ounces
Low cost cash producer
- Amongst the lowest in the industry
- Commitment to management of capital expenditures, operating costs and cost containment
Sustainability
- Focused high quality asset portfolio in stable mining jurisdictions
- High returning internal growth opportunities
Leverage to gold price
Proven experience
- High performing management and operations teams with depth and track record
Well positioned financially
- Focused on maximizing cash position / cash flow
- Committed to maintaining maximum flexibility to fund growth
Why Gold?
- Gold is fundamentally a currency and in periods of increasing demand for gold the upward price movements can be more rapid and larger than in other currency markets
- Gold serves as a store of wealth
- Gold has functional uses in jewelry and certain industrial applications which distinguishes it from other currencies
- There is a finite amount of gold available unlike paper currencies
- Gold is considered a safe haven during times of geopolitical uncertainty
CEO’s Message
Yamana was formed in mid-2003 and in just over five years the profile of the company has changed dramatically. Not only have we grown ten-fold in terms of production, we have grown from 12 employees to over 8,700 employees, from one to nine producing mines and from operating in select parts of one country to a mining platform in seven countries in the Americas.
In 2007, we proved the value of the acquisitions done in 2006 as we became a cash flow and earnings generating company. We fortified the base for subsequent phases of growth and distinguished ourselves as a pre-eminent gold mining company and one of the largest in the industry.
In 2008, we focused on organic growth with a strong push on exploration for both the short and long term and continued to excel and deliver on our promises.
We are uniquely positioned and well leveraged to precious metals with production growth entirely in precious metals, comparatively low cash costs and operations in some of the world's most stable mining jurisdictions. We have a superior portfolio of assets, significant near-term organic growth and a world-class team - a team with an entrepreneurial spirit, operational depth and the desire to excel. This is what distinguishes Yamana from other companies.
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