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At Yamana, safety is the responsibility of our entire team. We have several committees, at both corporate and site level, that oversee and audit our safety performance. Further, our agreements with trade unions emphasize occupational health and safety, proper environmental monitoring, providing personal protection equipment, and an employee’s right to refuse work that they deem unsafe. Perhaps most importantly, we strive to maintain a culture of safety.

Managing our Occupational Health

We strive to equip our people with the tools, training and mindset that result in continual safety awareness. From our operations to our offices, we seek an incident-free workplace.

We start with our hiring practices, which aim to ensure everyone at our operations puts the same priority on health and safety. Once hired, each employee and contractor immediately begins learning about our standards and safety protocols. New employees and contractors undergo a minimum of 24 hours of training to learn about the hazards they might face, and the means in place to help them prevent accidents. The training includes a review of corporate policies and standards, as well as task-specific instruction designed for each operation and each worker’s individual responsibilities. 

Accident Prevention

Every one of our operating sites has an internal Accident Prevention in Mining committee, as well as a local committee that addresses occupational health and safety matters. The committees cover all employees, and are formed by representatives of the company and of employees, who are appointed through voting by all employees. These committees, which comply with local laws, meet monthly to review incidents, adherence to standards and policies, audit results, geotechnical assessments, and evaluate proposals to improve safety performance. We also create temporary or sub-committees to manage unusual events and pre- emptively develop solutions to any potential problems.

Prepared for Emergencies

Although we work hard to mitigate our risk as much as possible, we also recognize the need for emergency preparedness. Every site has an emergency response plan, and conducts periodic simulation exercises, followed by a critical analysis that evaluates responses and recommends improvements. Further, all of our underground mines have a sufficient number of refuge chambers to shelter all employees safely during an emergency.


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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.

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