Planned as a conventional open-pit mine with throughput of 2.5 million tonnes per year or 6,800 tonnes per day.
Average annual gold production is estimated at approximately 104,000 ounces for an initial mine life of 10 years with production expected to exceed 130,000 ounces in the first two full years of production.
A 2008 feasibility study confirmed excellent exploration potential, with several under-explored satellite targets occurring within a 30 kilometre radius.
The goal of the 2009 exploration program is to continue to add resources to the project to increase the mine life, reducing life of mine cash costs.
Further significant potential exists to extend the known ore bodies.
In July 2009, Yamana made a construction decision for C1 Santa Luz. The construction decision was based on an economic update to a previously completed feasibility study which showed improved economics and a longer mine life.
The permitting process is expected to take approximately nine months. During this period, Yamana intends to further advance detailed engineering and order longer lead time items.
Production is expected to begin in mid-2012.

(at July 22, 2009)

23.8M tonnes at 1.55 grams/tonne gold = 1.2M ounces gold

(inclusive of reserves)
45.82M tonnes at 1.56 grams/tonne gold = 2.5M ounces gold

(inculsive of reserves)
4.83M tonnes at 1.40 grams/tonne gold = 217,000 ounces gold

Approximately 104,000 ounces of gold

10+ years

Fast Facts

Brazil - C1 Santa Luz