Chile - El Peñón | Chile (100% Yamana-owned)
The high grade underground gold-silver El Peñón mine is located in northern Chile, 160 kilometres southeast of Antofagasta. Commercial production began in 2000, and an expansion of the Merrill-Crowe processing plant to 4,500 tonnes per day was completed in 2010. Exploration continues to extend and upgrade known deposits and make new discoveries such as the Pampa Augusta Victoria and Elizabeth vein systems.
| Production | 2010 | 2011E | 2012E |
|---|
| GEO | 427,934 | 420-440,000 | 420-450,000 |
| Cash cost (per GEO) | $428 | | |
Mineral Reserves and Mineral Resources
Gold 2.0 million oz. proven & probable + 758,000 oz. measured & indicated
Silver 51.9 million oz. proven & probable + 20.3 million oz. measured & indicated
Strategic Mine Life (years): 8+
* Please refer to
www.yamana.com/Operations/ReservesAndResources for complete information relating to mineral reserves and mineral resources indicating tonnage and grade for the various mines and projects.