Yamana Gold Inc
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EDUCATION: YMP launches 10 more scholarships totalling $44K, including inaugural Northern Miner scholarship
Toronto — The Young Mining Professionals (YMP) is bumping up its YMP Scholarship Fund for the 2019-20 academic year for students in mining-related university programs in Canada. The YMP Scholarship Fund is a a registered charity that donates 100% of…
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COPPER-GOLD: Lundin to pay $1B for Yamana’s Chapada mine in Brazil
TORONTO – Yamana Gold has agreed to sell its Chapada copper-gold mine to Lundin Mining in a deal said to be worth over $1.0 billion (all figures are U.S. dollars). The mine is located in Brazil’s Goias state and owned…
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COPPER-GOLD: Goldcorp, Yamana, Glencore to pool assets in Argentina
ARGENTINA – Vancouver’s Goldcorp, Toronto’s Yamana Gold and Glencore International of Switzerland have struck a deal to develop and operate the Agua Rica copper project using the infrastructure of Minera Alumbrera in the Catamarca province. The partners expect to realize…
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EXPLORATION: The Americas, West Africa and Australasia remain popular
While gold miners have been making substantial profits in recent quarters thanks to rising gold prices and better operational and financial discipline, they continue to seek new ounces via the drill bit to fill their production pipeline. Below is look…
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GOLD: Yamana celebrates 15 years since IPO
TORONTO – On July 31, 2018, Yamana Gold celebrated its 15th anniversary since launching itself as a public company using a reverse takeover. The company’s early portfolio of properties included the Chapada copper-gold mine in Brazil. Yamana commissioned the project…
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GOLD: Yamana produces first gold and silver at Cerro Moro
ARGENTINA – Toronto-based Yamana Gold made the first gold-silver doré pour at its Cerro Moro mine in the Santa Cruz province on May 15, 2018. The high grade project is being mined by both underground and open pit means. As…
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GOLD: Agnico, Yamana to begin permitting for new underground mine
QUEBEC – Joint owners of the Canadian Malartic gold mine – Agnico Eagle Mines and Yamana Gold of Toronto – have begun the permitting process for a potential new underground mining to recover ore from the Odyssey and East Malartic…
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MINING PEOPLE: Cordoba Minerals, First Cobalt, Golden Dawn, Osisko Metals, and Yamana Gold
Cordoba Minerals of Toronto has appointed a new COO, Mark Gibson, and a new VP exploration, Eugenio Espada. Jason Rickard has been named to the new position of exploration manager at Toronto-based First Cobalt Corp. He was previously a senior…
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AWARDS: Corporate Knights names 50 best corporate citizens
TORONTO – Corporate Knights has once more released its annual list of the Best 50 Corporate Citizens in Canada. Several mining companies that take social responsibility seriously made the cut. Here they are: Cameco Corp. No.5 (with an overall score…
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GOLD: Yamana raises $80M through sale of Brio shares
TORONTO – Yamana Gold of Toronto has raised $80 million through the sale of approximately 22.67 million shares in Brio Gold at a price of $3.00 per share. The shares were purchased by a syndicate of underwriters co-led by Canaccord…
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GOLD: Quebec gov’t okays moving road for Canadian Malartic expansion
QUEBEC – The Quebec government has given the okay to the proposed $200 million expansion of the Canadian Malartic gold mine in the town of Malartic 25 km west of Val d’Or. The mine is a joint venture of Toronto’s…
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GOLD: Yamana raises $178M on sale of Mercedes mine, warrants
TORONTO – Yamana Gold has fattened its treasury by $178 million with the sale of its Mercedes gold-silver mine in Sonora, Mexico, and the sale of Sandstorm Gold warrants. About $156 million is earmarked for debt reduction. The company continues…
