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February 05, 2016 6:34 PM ET

Metals and Mining

Company Overview of Yamana Gold, Inc.

Company Overview

Yamana Gold Inc. engages in gold mining and related activities, including exploration, extraction, processing, and reclamation. The company has precious metal properties and land positions in the Americas. Its portfolio includes seven operating gold mines, such as Chapada (copper/gold), El Peñón (gold/silver), Canadian Malartic Mine (gold/silver), Jacobina(gold), Gualcamayo(gold), Minera Florida (gold/silver/zinc), Fazenda Brasileiro, and Mercedes (gold/silver), as well as a 12.5% indirect interest in the Alumbrera mine (copper/gold/molybdenum); and various development stage projects and exploration properties in Brazil, Chile, Argentina, Mexico, and Canada. The company was formerly known as...

Royal Bank Plaza

Suite 2200

North Tower

200 Bay Street

Toronto, ON M5J 2J3

Canada

Founded in 1980

Phone:

416-815-0220

Fax:

416-815-0021

Key Executives for Yamana Gold, Inc.

Founder, Executive Chairman and Chief Executive Officer
Age: 55
Total Annual Compensation: $1.3M
President and Chief Operating Officer
Total Annual Compensation: $466.8K
Chief Financial Officer and Executive Vice President of Finance
Total Annual Compensation: $448.4K
Senior Vice President, General Counsel and Corporate Secretary
Age: 44
Total Annual Compensation: $288.4K
Senior Vice President of Business Development
Total Annual Compensation: $377.7K
Compensation as of Fiscal Year 2014.

Yamana Gold, Inc. Key Developments

Yamana Gold Reports Production Results for the Year 2015; Provides Production and Capital Spending Guidance for the Year 2016; Provides Capital Spending Guidance for the Second Half of 2016

Yamana Gold reported production results for the year 2015. For the year, the company's output of 1.275Moz. Copper output surpassed guidance of 120 Mlb, after having mined 131 Mlb at its Chapada mine in Brazil. Silver production was below its 9.37 Moz to 9.83 Moz production guidance, with 2015 output of 9.01 Moz. For 2016, the company expects to deliver gold production of 1.23 Moz to 1.31 Moz, silver production of 6.92 Moz to 7.17 Moz and copper output of 122 Mlb to 125 Mlb. The company's capital spending for 2016 is expected to be approximately USD 120 million, while its exploration budget for the year is seen at USD 82 million, focusing on near mine exploration and ounces that can most quickly be brought into production. Sustaining capital is expected to be USD 275 million. Total capital spending is expected to be more heavily weighted in the second half of the year 2016.

Yamana Gold, Inc. - Analyst/Investor Day

Yamana Gold, Inc. - Analyst/Investor Day

Yamana Gold, Inc. Announces Start of Drilling At Atlas Gold - Silver Project, Gorbea Joint Venture, Northern Chile

Mirasol Resources Ltd. announced that Yamana Gold Inc. (Yamana) has commenced an aggressive southern hemisphere summer exploration program at the Atlas gold - silver project. The planned program at Atlas includes phase 1 drilling of a planned 7 priority holes, totaling over 4,000 m, as well as expanding by up to 30 line-km the existing coverage of the deep-penetrating IP geophysical survey. Additional trenching is planned to test key gold - silver rock chip and covered geophysical anomalies at the project. Atlas phase 1 drilling, initiated on October 15, will comprise a mix of diamond core and reverse circulation drilling to test a range of geochemical and geophysical targets including: Atlas Gold Zone: Surface rock chip sampling has returned assays ranging up to 50.3 g/t Au and 56.9 g/t Ag, and trench results of up to 1.67 g/t Au over 14.9 m associated with vuggy silica - alunite breccia; Atlas Silver Zone: Trenching has outlined a section grading 39.9 g/t Ag over 55.9 m, and individual samples of up to 542 g/t Ag, over 0.2 m, associated with hydrothermal breccia bodies; Pampa Zone: Rock-chip float sampling has returned assays of up to 2.91 g/t Au and 421 g/t Ag, and recent geophysical surveys by Yamana have outlined a resistivity anomaly under shallow cover, with dimensions of over 1 km in length and which is potentially associated with hydrothermal silica accumulations; Escondida Target: Sampling of breccia and vein float samples, thought to have come from a nearby, late gravel-covered source, have returned assays of ranging up to 2,470 g/t Ag; Oculto Trend: A Yamana IP geophysical survey during July expanded the dimensions of a large, covered, resistivity anomaly to over 2 km in strike.

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