YAMANA GOLD ANNOUNCES STRONG PRELIMINARY FIRST QUARTER 2020 RESULTS; JACOBINA, EL PEÑÓN, AND MINERA FLORIDA EXCEED PRODUCTION TARGETS; CERRO MORO RESUMING NORMAL OPERATIONS
Yamana Gold Inc. Ordinary Shares (Canada) (AUY)
Last yamana gold inc. ordinary shares (canada) earnings: 4/30 07:15 am
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US:NYSE Investor Relations:
yamana.com/english/investors/investor-overview/default.aspx
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Source: GlobeNewswire
TORONTO, April 06, 2020 (GLOBE NEWSWIRE) -- YAMANA GOLD INC. (TSX: YRI; NYSE: AUY) (“Yamana” or “the Company”) announces strong preliminary first quarter 2020 results, with gold production of 192,238 ounces and silver production of 2.73 million ounces. Total gold equivalent ounce (“GEO”) production during the quarter was 221,746 GEO. Jacobina, El Peñón, 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. Yamana commends the remarkable dedication, commitment, professionalism, and compassion of its employees who have come together in these challenging times to drive the outperformance in the first quar
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