AUY-NYSE $2.04 -0.02 -0.97% Volume: 9,576,994 June 14, 2019
YRI-TSX $2.74 +0.00 +0% Volume: 1,887,721 June 14, 2019
high contrast

Investor Mining and Tailings Safety Initiative

The Investor Mining & Tailings Safety Initiative is an investor-led engagement created to improve standards and disclosure around tailings management in the extractive industry. On April 5, 2019, the Initiative wrote to 683 extractive companies requesting greater disclosure on the management of their tailings storage facilities by June 7, and it asked each company to post this information on their respective websites. It also requested that these disclosures be signed by their CEO or Board Chair. At Yamana, we view tailings management as one of our most critical business risks and an imperative for a socially, environmentally and financially responsible business. We fully support The Investor Mining & Tailings Safety Initiative and we are pleased to provide the following signed letter from our CEO offering a detailed overview of our tailings management system along with the attached spreadsheet that includes all disclosure data requested by The Investor Mining & Tailings Initiative. We hope this information is of value to all of our stakeholders.


You are now leaving the Yamana Gold Inc. website to go to an independent third party website. Yamana has no control over information at third party sites hyperlinked to this one. These links are being provided for the convenience of the users of this website and Yamana does not endorse and is not responsible or liable for the content, nature or reliability of any linked website or any link contained in a linked website. Yamana takes no responsibility for monitoring, updating, supplementing or correcting any information on any linked website and makes no representation or warranties regarding such information.


Yamana discloses certain non-GAAP measures including Cash costs per ounce of gold, Cash costs per ounce of silver, Co-product cash costs per ounce of gold, Co-product cash costs per ounce of silver, Co-product cash costs per pound of copper, All-in sustaining costs per ounce of gold, All-in sustaining costs per ounce of silver, All-in sustaining co-product costs per ounce of gold, and All-in sustaining co-product costs per ounce of silver to supplement its Consolidated Financial Statements, which are presented in accordance with IFRS. The term IFRS and generally accepted accounting principles (“GAAP”) are used interchangeably. The Company believes that these measures, together with measures determined in accordance with IFRS, provide investors with an improved ability to evaluate the underlying performance of the Company. Non-GAAP measures do not have any standardized meaning prescribed under IFRS, and therefore they may not be comparable to similar measures employed by other companies. The data is intended to provide additional information and should not be considered in isolation or as a substitute for measures of performance prepared in accordance with IFRS.

Agree Disagree