Yamana Gold Inc. - Company - Corporate Strategy
To continue to deliver shareholder value by:
- Increasing production
- Optimizing and expanding existing operations
- Advancing development projects
- Focusing on exploration
- Increasing mineral reserves and mineral resources
- Containing costs and growing cash margins
- Managing capital expenditures effectively
- Delivering strong financial results
TSX: YRI
NYSE: AUY
LSE: YAU
YAMANA is a Canadian based gold producer with significant gold production,
gold development stage properties, exploration properties, and land
positions in Brazil, Chile, Argentina, Mexico and Colombia.
gold development stage properties, exploration properties, and land
positions in Brazil, Chile, Argentina, Mexico and Colombia.
Yamana plansto continue to build on this base through existing operating mine
expansions and throughput increases, development of new mines, the
advancement of its exploration properties and by targeting other gold
consolidation opportunities with a primary focus in the Americas.
expansions and throughput increases, development of new mines, the
advancement of its exploration properties and by targeting other gold
consolidation opportunities with a primary focus in the Americas.
Yamana expects to boost production by over 60% to an annual rate
of approximately 1.75 million gold equivalent ounces (GEO)1 by 2014,
by developing new mines, expanding current operations and
advancing exploration projects.
Three new mines are expected to add approximately
340,000 GEO annually.
Our Goal is to Deliver 60% Growth by 2014
Company Snapshot:
Yamana Gold has a diversified portfolio of assets providing sustainable gold production supported by a large mineral reserve and mineral resource base.
We have industry low cash costs and operations in some of the world’s most stable mining jurisdictions and offer significant exposure to gold through continued production and resource growth.
Production is expected to grow from 1.10M GEO in 2011 to an annual rate of approximately 1.75M GEO in 2014, an increase of approximately 60%.
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