|From: stormcat (Rep: 494)||Date: 04/08/2020 15:02|
|Forum: Wall Street Pit - Msg #2833233 - List AUY msgs ||Thread #674141950 (Rec: 0) |
|poundin table on this producer....Yamana produces 192,238 ounces gold in Q1|
2020-04-06 10:20 ET - News Release
An anonymous director reports
YAMANA GOLD ANNOUNCES STRONG PRELIMINARY FIRST QUARTER 2020 RESULTS; JACOBINA, EL PENON, AND MINERA FLORIDA EXCEED PRODUCTION TARGETS; CERRO MORO RESUMING NORMAL OPERATIONS
Yamana Gold Inc. has released strong preliminary first quarter 2020 results, with gold production of 192,238 ounces and silver production of 2.73 million ounces. Total gold-equivalent production during the quarter was 221,746 ounces AuEq. Jacobina, El Penon and Minera Florida all delivered exceptional quarters, exceeding production targets. The company also had strong financial performance in the first quarter, the result of which was an improved balance sheet, including further net debt reductions. The company completed the quarter well capitalized and with a strong cash position along with greater certainty with its operations, including in relation to the remobilization of Cerro Moro. All amounts are expressed in United States dollars unless otherwise indicated.
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