Contents

Introduction

Yamana Gold is a Canadian intermediate gold producer with production, development stage and exploration properties throughout Latin America, including Brazil, Chile, Argentina and Mexico, as well as Canada. 

Founded in 2003 and headquartered in Toronto, Yamana operates six mines in the Americas.

In the third quarter, Yamana has increased gold, silver and copper production guidance for the year following strong output at some of its mines.

The company is now expecting consolidated gold production of 960,000oz, compared with previous guidance of 920,000oz, the company said in a results statement.

Silver production is now projected at 5.0Moz of silver, up from 4.74Moz, and copper production is expected at 125Mlbs (56,700t), compared to earlier guidance of 120Mlbs.

"We are tracking very well to the expectations in our guidance, and as you can anticipate, guidance is always risk adjusted to what is in a budget, and budget is always a little bit more," CEO Peter Marrone said at the Denver Gold Forum in September. 

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