Brazil - Jacobina | Brazil (100% Yamana-owned)
The Jacobina operation, located in Bahia state in northeast Brazil, consists of a complex of underground gold mines and a 6,500 tonnes per day carbon-in-pulp processing plant. Since acquiring Jacobina in 2006, Yamana has increased gold mineral reserves cumulatively more than 98 percent, while gold mineral reserve grade has been increased 41 percent since 2009.
Recent exploration and development have focused on upgrading mineral resources to mineral reserves in the higher grade Canavieiras and Morro do vento deposits. As the work proceeds, consideration is being given to increasing annual production. The timing of such an increase will be dependent on the pace of the development work.
Mineral Reserves and Mineral Resources (as at Dec. 31, 2012)
2.4 million oz. proven & probable + 2.1 million oz. measured & indicated
Strategic Mine Life:
* 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.
The Jacobina Mine has been certified as fully compliant with the International Cyanide Management Code by The International Cyanide Management Institute (ICMI). For details please see ICMI's press release: http://www.cyanidecode.org/media_pr324.php