Company:Yamana Gold

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Yamana Gold Inc.
TypePublic
TSXYRI
NYSEAUY
IndustryGold Ores
Headquarters
Toronto, Ontario
,
Key people
Peter Marrone (Founder & Executive Chairman)
Daniel Racine (President & CEO)
Number of employees
12,471 [1]
Websitewww.yamana.com

Yamana Gold Inc. is a Canadian-based gold producer that began operations in 2003 with significant gold production, gold development stage properties, exploration properties, and land positions in Canada, Brazil, Chile and Argentina.[2]

Yamana added several mining properties with the purchase of other gold companies in 2005, 2006 and 2007, namely Viceroy, Desert Sun, RNC Gold, Northern Orion and Meridian Gold. The company's portfolio includes the following operating mines: El Peñón, Canadian Malartic (50%), Jacobina, and Minera Florida, and the Cerro Moro mine which began operations in the second quarter of 2018.

The principal corporate members of Yamana Gold are:

  • Executive Chairman and Founder, Peter Marrone
  • President and Chief Executive Officer, Daniel Racine
  • Senior Vice President, General Counsel and Corporate Secretary, Sofia Tsakos
  • Senior Vice President, Finance and Chief Financial Officer, Jason LeBlanc

In December 2016 Yamana announced it had closed the spinout transaction of a portion of its Brazilian assets into Brio Gold.[3]

In 2018, Yamana produced 940,619 ounces of gold, 8.02 million ounces of silver and 129 million pounds of copper.[4] The Company generated revenue of approximately $1.79 billion and approximately $400 million in cash flow.

Mining operations

  • Canada
    • Canadian Malartic (50%)
  • Brazil
    • Chapada (sold in 2019)
    • Jacobina
  • Chile
    • El Peñón
    • Minera Florida
  • Argentina
    • Cerro Moro

See also

References

External links