That’s a headline guaranteed to make any gold bug sit up and take notice. What individuals think this means remains ripe for discussion.
VANCOUVER — Producer Yamana Gold (TSX: YRI; NYSE: AUY) is hoping to further expand its presence in Canada with a $17.5-million cash and shares agreement for explorer Mega Precious Metals (TSXV: MGP) and its 338…
ARGENTINA – Yamana Gold of Toronto has announced its decision to proceed with the construction of the Cerro Moro project, a high grade, low cost gold-silver property in Santa Cruz province. In the first three years of production, output…
TORONTO – Yamana Gold has entered into an agreement to issue 29.1 million common shares at a price of $5.30 each to a syndicate of underwriters lead by Canaccord Genuity and National Bank Financial Markets. Proceeds will be $260.23…
BRAZIL and CHILE – Toronto’s Yamana Gold announced two new gold discoveries this week that it says boost its operational outlook. The company hit the best drill intersections ever encountered at its Chapada mine in Goias state Brazil. And…
TORONTO – Yamana Gold is is spinning out some of its non-core assets in Brazil, specifically the Fazenda Brasileiro and Pilar mines, and the C1 Santa Luz project. A new subsidiary, Brio Gold Inc., will be formed to hold three of these…
MEXICO – The International Cyanide Management Institute (ICMI) of Washington, DC, has certified that Yamana Gold’s Mercedes mine in Sonora state is in full compliance with the Cyanide Management Code. ICMI accepted the findings of a third…
BRAZIL – The International Cyanide Management Institute (ICMI) in Washington, BC, has recertified the Jacobina mine belonging to Yamana Gold of Toronto as being in full compliance with the International Cyanide Management Code.
VANCOUVER — Producer Yamana Gold (TSX: YRI; NYSE: AUY) has determined the best return on its exploration capital will be realized through brownfield initiatives at its existing operations. The company is in the midst of a $75 million…
The co-founder of Osisko Mining Corporation who brought the $1 billion Canadian Malartic mine into production and then oversaw the sale of the company earlier this year to Agnico Eagle Mines (TSX: AEM; NYSE: AEM) and Yamana Gold (TSX: YRI;…
Shawn Westcott has joined the team of Barisan Gold Corp. in Vancouver taking over the responsibilities of president. He joined the company from NioCorp Development where he led that company’s corporate communications team.
QUEBEC – Co-owners Agnico Eagle Mines and Yamana Gold have announced new resource numbers for the Canadian Malartic gold mine near the town of Malartic. This is the first update since the two companies acquired the property in June 2014.