Edition:
India

Yamana Gold Inc (YRI.TO)

YRI.TO on Toronto Stock Exchange

4.48CAD
17 Sep 2019
Change (% chg)

$0.04 (+0.90%)
Prev Close
$4.44
Open
$4.44
Day's High
$4.48
Day's Low
$4.42
Volume
188,182
Avg. Vol
2,850,120
52-wk High
$5.04
52-wk Low
$2.41

Latest Key Developments (Source: Significant Developments)

Yamana Gold Q2 Adjusted Earnings Per Share $0.02
Friday, 26 Jul 2019 

July 25 (Reuters) - Yamana Gold Inc ::YAMANA GOLD ANNOUNCES STRONG SECOND QUARTER 2019 RESULTS.Q2 ADJUSTED EARNINGS PER SHARE $0.02.Q2 EARNINGS PER SHARE ESTIMATE $0.02 -- REFINITIV IBES DATA.Q2 EARNINGS PER SHARE $0.01.COMPANY CONTINUES TO ANTICIPATE A STRONG SECOND HALF AND REMAINS ON TRACK TO MEET ITS 2019 GUIDANCE.QTRLY AVERAGE REALIZED GOLD PRICE PER OUNCE $1,307 VERSUS $1,304.QTRLY AVERAGE REALIZED SILVER PRICE PER OUNCE $15.03 VERSUS $16.53.QTRLY AVERAGE REALIZED COPPER PRICE PER POUND $2.88 VERSUS $3.09.QTRLY TOTAL PRODUCTION OF GOLD 232,863 OUNCES VERSUS 224,083 OUNCES.QTRLY TOTAL PRODUCTION OF SILVER 2.2 MILLION OUNCES VERSUS 1.3 MILLION OUNCES.QTRLY AISC PER GEO SOLD $941 VERSUS $928.  Full Article

Yamana Gold Begins Process Of Repayment And Early Retirement Of Debt
Friday, 5 Jul 2019 

July 5 (Reuters) - Yamana Gold Inc ::YAMANA GOLD COMPLETES SALE OF CHAPADA, BEGINS PROCESS OF REPAYMENT AND EARLY RETIREMENT OF DEBT, AND CONTINUES WITH RATIONALIZATION EFFORTS TO REDUCE OVERHEAD AND IMPROVE EFFECTIVENESS.YAMANA GOLD INC - BOARD WILL NOW BE REDUCED TO NINE WITH EIGHT INDEPENDENT DIRECTORS.YAMANA GOLD INC - MESSRS NIGEL LEES AND ROBERT GALLAGHER, HAVE AGREED TO STEP DOWN FROM BOARD.YAMANA GOLD INC - CONCURRENTLY WITH SALE CLOSING, CO IS USING $385 MILLION TO REPAY OUTSTANDING INDEBTEDNESS UNDER REVOLVING CREDIT FACILITY.YAMANA GOLD - REMAINING $415 MILLION CONSIDERATION OF DEAL BEING USED TO OFFER TO PREPAY SENIOR NOTES ISSUED IN MARCH 2012, JUNE 2013 ON PRO RATA BASIS.YAMANA GOLD INC - REDUCTION IN NET DEBT IMMEDIATELY LOWERS YAMANA'S NET DEBT/EBITDA LEVERAGE RATIO TO 1.5X.YAMANA GOLD INC - WILL PURSUE INITIATIVES FOR REDUCTIONS IN CORPORATE OVERHEAD COSTS.YAMANA GOLD INC - CONTINUES TO TARGET NET DEBT/EBITDA OF 1.0X BY END OF 2021.YAMANA GOLD INC - COMPANY WILL SIGNIFICANTLY REDUCE ANNUAL CARRYING COST OF INTEREST ON DEBT BY APPROXIMATELY $40 MILLION.YAMANA GOLD INC - AS PART OF DEBT PREPAY OFFERS, CO EXPECTS TO PAY PREMIUM TO REFERENCE OR TRADING LEVELS OF NOTES.  Full Article

Yamana Gold To Sell Chapada Mine For Total Consideration Of Over $1 Bln
Monday, 15 Apr 2019 

April 15 (Reuters) - Yamana Gold Inc ::PRESS RELEASE - YAMANA GOLD ANNOUNCES AGREEMENT TO SELL THE CHAPADA MINE FOR TOTAL CONSIDERATION OVER $1.0 BILLION, DELIVERING SIGNIFICANT IMPROVEMENTS TO THE BALANCE SHEET AND SHAREHOLDER RETURNS.YAMANA GOLD INC - PROPOSED DEAL FOR OVER $1.0 BILLION..YAMANA GOLD INC - YAMANA WILL RECEIVE CASH CONSIDERATION OF $800 MILLION AT CLOSING.YAMANA - EFFECTIVE APRIL 14, & CONDITIONAL ON CLOSING OF SALE, BOARD HAS APPROVED 100% INCREASE IN ANNUAL DIVIDEND TO $0.04/SHARE.YAMANA - WITH CLOSING OF SALE IN Q3 2019, ATTRIBUTABLE PRODUCTION FOR 2019 IS EXPECTED TO APPROXIMATE 1 MILLION GOLD EQUIVALENT OUNCES.YAMANA - 2019 CONSOLIDATED UNIT COSTS EXCLUDING CHAPADA EXPECTED TO BE WITHIN PROVIDED COST RANGES PREVIOUSLY DISCLOSED IN 2019-2021 OUTLOOK.YAMANA - OPPORTUNITIES IDENTIFIED TO INCREASE HIGHER-MARGIN PRODUCTION FROM EXISTING MINES BY OVER 150,000 GOLD-EQUIVALENT OUNCES/YEAR.YAMANA - ADVANCING TECHNICAL STUDIES ON AGUA RICA PROJECT, A PORPHYRY-STYLE COPPER-GOLD-MOLYBDENUM-SILVER DEPOSIT IN CATAMARCA PROVINCE, ARGENTINA.  Full Article

Lundin Mining To Acquire Chapada Copper Mine In Brazil
Monday, 15 Apr 2019 

April 15 (Reuters) - Lundin Mining Corp ::LUNDIN MINING TO ACQUIRE CHAPADA COPPER MINE IN BRAZIL.LUNDIN MINING CORP - DEAL FOR US$800 MILLION.LUNDIN MINING CORP - YAMANA WILL RETAIN A 2.0% NET SMELTER RETURN (NSR) ROYALTY ON FUTURE GOLD PRODUCTION FROM SURUCA GOLD DEPOSIT.LUNDIN MINING CORP - YAMANA MAY RECEIVE CONTINGENT CONSIDERATION OF UP TO US$125 MILLION OVER FIVE YEARS.LUNDIN - PURCHASE PRICE IS EXPECTED TO BE FUNDED FROM LUNDIN MINING'S CURRENT CASH BALANCE AND A PORTION OF ITS US$550 MILLION REVOLVING CREDIT FACILITY.LUNDIN MINING CORP - DEAL IMMEDIATELY ACCRETIVE ON KEY OPERATING AND FINANCIAL METRICS.LUNDIN MINING CORP - YAMANA MAY ALSO RECEIVE CONTINGENT CONSIDERATION OF US$100 MILLION ON POTENTIAL CONSTRUCTION OF A PYRITE ROASTER..LUNDIN MINING CORP - DEAL INCREASES ANNUAL COPPER PRODUCTION BY OVER 25%.LUNDIN MINING - DEAL ADDS ABOUT 100 KOZ OF GOLD PRODUCTION AT ATTRACTIVE CASH COSTS EXPECTED TO GENERATE CASH FLOW THROUGHOUT METAL PRICE CYCLES..LUNDIN MINING CORP - CHAPADA IS EXPECTED TO PRODUCE APPROXIMATELY 54.5 KT OF COPPER AND 100 KOZS OF GOLD IN 2019.LUNDIN MINING CORP - ENTERED INTO PURCHASE AGREEMENT WITH YAMANA TO PURCHASE ITS 100% OWNERSHIP STAKE IN MINERAÇÃO MARACÁ INDÚSTRIA E COMÉRCIO S/A.  Full Article

Yamana Gold Provides 2019-2021 Outlook
Friday, 15 Feb 2019 

Feb 14 (Reuters) - Yamana Gold Inc ::YAMANA GOLD PROVIDES 2019-2021 OUTLOOK.YAMANA GOLD INC SEES 2019, 2020, 2021 TOTAL COPPER PRODUCTION 120 M LBS..YAMANA GOLD INC -SEES 2019 TOTAL GOLD PRODUCTION OF 940,000 OUNCES.YAMANA GOLD INC SEES TOTAL 2019 SILVER PRODUCTION 10,000,000 OZ.YAMANA GOLD INC SEES TOTAL 2020 SILVER PRODUCTION 12,000,000 OZ.YAMANA GOLD INC -SEES 2020 TOTAL GOLD PRODUCTION OF 955,000 OUNCES.YAMANA GOLD - SEES GOLD AND SILVER PRODUCTION TO INCREASE IN GUIDANCE PERIOD, INCREASING TO 955,000 OUNCES AND 12 MILLION OUNCES, RESPECTIVELY, BY 2020.YAMANA GOLD INC SEES TOTAL 2021 SILVER PRODUCTION 12,000,000 OZ.YAMANA GOLD INC -SEES 2022 TOTAL GOLD PRODUCTION OF 955,000 OUNCES.YAMANA GOLD INC -SEES 2019 TOTAL GOLD EQUIVALENT PRODUCTION OF 1.06 MILLION OZ.YAMANA GOLD INC SEES 2020, 2021 TOTAL GOLD EQUIVALENT PRODUCTION 1.1 MILLION OZ..  Full Article

Yamana Gold Reports Q4 EPS $0.03 Excluding Items
Friday, 15 Feb 2019 

Feb 14 (Reuters) - Yamana Gold Inc ::YAMANA GOLD ANNOUNCES FOURTH QUARTER AND FULL YEAR 2018 RESULTS.Q4 ADJUSTED EARNINGS PER SHARE $0.03 EXCLUDING ITEMS.QTRLY REVENUE $483.4 MILLION VERSUS $478.8 MILLION.QTRLY ALL-IN SUSTAINING CO-PRODUCT COSTS PER POUND OF COPPER PRODUCED WERE $1.86 VERSUS $1.85.QTRLY NET LOSS FROM OPERATIONS, PER SHARE - BASIC AND DILUTED WAS $0.06.QTRLY AVERAGE REALIZED GOLD PRICE PER OUNCE $1,226.QTRLY AVERAGE REALIZED SILVER PRICE PER OUNCE $14.59.QTRLY AVERAGE REALIZED COPPER PRICE PER POUND $2.90.QTRLY TOTAL YAMANA GOLD PRODUCTION WAS 292,484 OUNCES.PRODUCED 39.0 MILLION POUNDS OF COPPER IN QUARTER.YAMANA GOLD - GOLD EQUIVALENT OUNCE PRODUCTION FROM YAMANA MINES FOR Q4 WAS 310,369, INCLUDING 270,193 OUNCES OF GOLD AND 3.26 MILLION OUNCES OF SILVER.  Full Article

Yamana Gold Sets Quarterly Dividend Of $0.005Per Share
Friday, 15 Feb 2019 

Feb 14 (Reuters) - Yamana Gold Inc ::SETS QUARTERLY DIVIDEND OF $0.005PER SHARE.  Full Article

Yamana Gold Announces Share Purchases By Executive Chairman And CEO
Thursday, 20 Dec 2018 

Dec 20 (Reuters) - Yamana Gold Inc ::YAMANA GOLD ANNOUNCES SHARE PURCHASES BY THE EXECUTIVE CHAIRMAN AND CHIEF EXECUTIVE OFFICER.YAMANA GOLD INC - EXECUTIVE CHAIRMAN, PETER MARRONE, HAS PURCHASED AN ADDITIONAL 650,000 COMMON SHARES OF YAMANA.YAMANA GOLD INC - CHIEF EXECUTIVE OFFICER, DANIEL RACINE, HAS PURCHASED AN ADDITIONAL 70,000 COMMON SHARES.YAMANA GOLD INC - PURCHASE BRINGS MARRONE'S TOTAL SHARE AND SHARE-EQUIVALENT OWNERSHIP IN CO TO OVER 4.84 MILLION SHARES.  Full Article

Yamana Gold Announces Sale Of Gualcamayo Mine And Grants An Option For La Pepa Project
Friday, 26 Oct 2018 

Oct 25 (Reuters) - Yamana Gold Inc ::PRESS RELEASE - YAMANA GOLD ANNOUNCES THE SALE OF THE GUALCAMAYO MINE AND GRANTS AN OPTION FOR THE LA PEPA PROJECT.COMPANY HAS AGREED TO GRANT MINEROS AN OPTION TO ACQUIRE UP TO A 51% INTEREST IN LA PEPA PROJECT.YAMANA GOLD -ENTERED DEFINITIVE PURCHASE AGREEMENT TO SELL 100% OF INTEREST IN GUALCAMAYO MINE LOCATED IN SAN JUAN PROVINCE, ARGENTINA TO MINEROS S.A.AFTER PURCHASE AGREEMENT FOR GUALCAMAYO, CO WILL RECEIVE CONSIDERATION OF $30 MILLION IN CASH, PAYABLE AT CLOSING.YAMANA GOLD - TOTAL VALUE FOR GUALCAMAYO IS ESTIMATED AT ABOUT $85 MILLION AND, AS SUCH, CARRYING VALUE OF GUALCAMAYO HAS BEEN REDUCED TO THIS AMOUNT.  Full Article

Yamana Gold: Positioned to deliver expected step change in cash flow
Wednesday, 12 Sep 2018 

Sept 12 (Reuters) - Yamana Gold Inc ::YAMANA GOLD LOCKS-IN FOREIGN EXCHANGE BENEFITS AND IS POSITIONED TO DELIVER EXPECTED STEP CHANGE IN CASH FLOW.YAMANA GOLD -PROVIDED DETAILS ON ADDITIONS TO FOREIGN EXCHANGE HEDGING PROGRAM & POTENTIAL IMPACTS OF ANNOUNCED IMPOSITION OF EXPORT TAX IN ARGENTINA.YAMANA GOLD INC - CONTINUES TO BE WELL POSITIONED TO GENERATE A STEP CHANGE IN CASH FLOW IN 2019.YAMANA GOLD INC - HAS ENTERED INTO OPTION CONTRACTS RELATING TO A PORTION OF ITS EXPOSURE TO BRAZILIAN REAIS IN 2019.YAMANA GOLD INC - CO' S UNITS "WILL CHALLENGE CONSTITUTIONALITY OF EXECUTIVE ORDER" THAT ESTABLISH EXPORT TAX OF 12% OVER EXPORTS FROM ARGENTINA.  Full Article

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