YAMANA GOLD ANNOUNCES FIRST QUARTER 2011 RESULTS
Stock quotes in this article:
AUY
FIRST QUARTER CONFERENCE CALL
Q1 Conference Call Information:
Toll Free (North America): 888-231-8191
International: 647-427-7450
Participant Audio Webcast: www.yamana.com
Q1 Conference Call REPLAY:
--------------------------
Toll Free Replay Call (North America): 800-642-1687,
Passcode 55286145 followed by the number sign
Replay Call: 416-849-0833, Passcode 55286145 followed by the
number sign
The conference call replay will be available from 12:15 p.m. ET on May 4, 2011 until 11:59 p.m. ET on May 18, 2011.
Annual Meeting of Shareholders
The Annual Meeting of Shareholders will take place on Wednesday, May 4, 2011 at 11:00 a.m. ET at the Four Seasons Centre for the Performing Arts, located at 145 Queen Street West, Toronto, Ontario, Canada. The main entrance is located at the southeast corner of Queen Street West and University Avenue.
For those unable to attend the meeting in person, a live audio webcast and slide presentation can be accessed from Yamana's website.
Via Webcast:
Live Audio Webcast:
www.yamana.comFor further information on the conference call or audio webcast, please contact the Investor Relations Department or visit our website, www.yamana.com.
About Yamana
Yamana is a Canadian-based gold producer with significant gold production, gold development stage properties, exploration properties, and land positions in Brazil, Argentina, Chile, Mexico and Colombia. Yamana plans to continue to build on this base through existing operating mine expansions, 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.
MINE BY MINE OPERATING SUMMARY:
-------------------------------------------------------------------------
Chile
Gold Silver Gold Silver
Ore Grade Grade Recovery Recovery
El Penon processed g/t g/t (%) (%)
-------------------------------------------------------------------------
Q1 2011 358,013 6.91 227.8 92.0 79.9
-------------------------------------------------------------------------
Total 2010 1,522,366 5.74 228.5 91.2 84.1
Q4, 2010 366,424 6.94 229.2 91.3 79.5
Q3, 2010 396,209 5.48 216.8 90.8 83.3
Q2, 2010 392,223 4.97 216.3 92.0 87.1
Q1, 2010 367,509 5.64 253.3 90.4 86.3
Minera
Florida
-------------------------------------------------------------------------
Q1 2011 232,284 3.78 35.2 84.6 68.7
-------------------------------------------------------------------------
Total 2010 779,836 4.41 33.4 83.7 67.8
Q4, 2010 214,859 4.68 45.1 84.7 70.6
Q3, 2010 207,834 4.3 39.2 84.2 67.0
Q2, 2010 204,512 4.27 21.2 82.0 66.1
Q1, 2010 152,631 4.38 25.2 84.6 67.2
-------------------------------------------------------------------------
-------------------------------------------------------------------------
-------------------------------------------------------------------------
Chile
Gold Gold Cash
Gold Silver Equivalent Equivalent costs
Ounces Ounces Ounces Ounces per
El Penon Produced Produced Produced Sold GEO(1)
-------------------------------------------------------------------------
Q1 2011 73,568 2,111,482 115,798 114,803 $ 397
-------------------------------------------------------------------------
Total 2010 256,530 9,427,208 427,934 431,665 $ 428
Q4, 2010 74,785 2,145,809 113,800 114,403 $ 421
Q3, 2010 63,417 2,298,731 105,212 108,204 $ 461
Q2, 2010 57,351 2,372,380 100,485 102,324 $ 449
Q1, 2010 60,977 2,610,289 108,437 106,739 $ 384
Minera
Florida
-------------------------------------------------------------------------
Q1 2011 23,986 182,453 27,635 26,798 $ 476
-------------------------------------------------------------------------
Total 2010 94,585 606,071 105,604 102,819 $ 416
Q4, 2010 27,787 234,339 32,048 30,525 $ 479
Q3, 2010 24,337 182,332 27,652 27,667 $ 425
Q2, 2010 23,543 95,249 25,274 23,020 $ 370
Q1, 2010 18,918 94,151 20,630 21,608 $ 363
-------------------------------------------------------------------------
-------------------------------------------------------------------------
-------------------------------------------------------------------------
Brazil
Cash
Gold Gold Gold Gold costs
Ore Grade Recovery Ounces Ounces per
Chapada processed g/t (%) Produced Sold GEO(1)
-------------------------------------------------------------------------
Q1, 2011 5,088,739 0.32 64.7 33,392 33,395 ($2,615)
-------------------------------------------------------------------------
Total 2010 19,195,578 0.35 62.3 135,613 127,450 ($2,073)
Q4, 2010 4,757,679 0.37 64.9 36,965 31,421 ($2,863)
Q3, 2010 5,246,202 0.38 63.4 40,405 35,591 ($1,856)
Q2, 2010 4,873,077 0.32 60.7 30,450 32,881 ($1,583)
Q1, 2010 4,318,621 0.34 60.0 27,794 27,557 ($1,876)
Jacobina
-------------------------------------------------------------------------
Q1 2011 529,035 1.91 93.5 30,319 31,537 $ 611
-------------------------------------------------------------------------
Total 2010 2,158,097 1.89 93.2 122,160 121,405 $ 535
Q4, 2010 542,055 2.06 94.1 33,718 33,530 $ 495
Q3, 2010 570,799 1.95 93.8 33,637 32,517 $ 463
Q2, 2010 556,376 1.79 93.0 29,785 29,110 $ 534
Q1, 2010 488,865 1.73 91.9 25,022 26,249 $ 687
Fazenda
Brasileiro
-------------------------------------------------------------------------
Q1 2011 205,389 1.93 88.2 11,252 12,891 $ 968
-------------------------------------------------------------------------
Total 2010 1,110,204 2.22 88.6 70,084 72,316 $ 628
Q4, 2010 275,184 2.53 89.4 19,852 18,822 $ 705
Q3, 2010 279,734 2.14 89 17,161 19,208 $ 620
Q2, 2010 273,706 2.36 88.2 18,333 15,801 $ 559
Q1, 2010 281,579 1.84 87.3 14,738 18,485 $ 622
-------------------------------------------------------------------------
-------------------------------------------------------------------------
-------------------------------------------------------------------------
Argentina
Cash
Gold Gold Gold Gold costs
Ore Grade Recovery Ounces Ounces per
Gualcamayo processed g/t (%) Produced Sold GEO(1)
-------------------------------------------------------------------------
Q1 2011 1,896,533 0.95 66.4 37,597 34,665 $ 507
-------------------------------------------------------------------------
Total 2010 7,528,690 0.82 67.8 135,140 141,734 $ 506
Q4, 2010 1,818,571 0.89 69.5 36,239 36,649 $ 662
Q3, 2010 1,982,929 0.87 57.8 31,972 38,660 $ 480
Q2, 2010 1,940,939 0.85 70.4 37,467 30,283 $ 427
Q1, 2010 1,786,251 0.68 76.0 29,462 36,142 $ 443
Alumbrera
-------------------------------------------------------------------------
Q1 2011 1,131,995 0.45 69.3 11,374 11,412 (1,452)
-------------------------------------------------------------------------
Total 2010 4,509,332 0.46 73.0 50,656 48,940 (1,404)
Q4, 2010 1,160,601 0.50 76.0 14,061 12,951 (1,556)
Q3, 2010 1,102,574 0.42 72.8 11,370 10,095 ($993)
Q2, 2010 1,117,957 0.43 69.9 11,470 15,638 ($1,938)
Q1, 2010 1,128,200 0.51 72.2 13,755 10,256 ($1,142)
-------------------------------------------------------------------------
-------------------------------------------------------------------------
-------------------------------------------------------------------------
Cash
costs
Copper per
Ore ore Copper Copper Copper pound
Copper processed grade Recovery produced Sold of
Production (tonnes) (%) (%) (M lbs.) (M lbs.) copper
Chapada
-------------------------------------------------------------------------
Q1, 2011 5,088,739 0.39 87.1 38.5 29.7 $ 1.21
-------------------------------------------------------------------------
Total 2010 19,195,578 0.41 86.5 149.4 143.8 $ 1.17
Q4, 2010 4,757,679 0.44 86.2 39.9 39.6 $ 1.20
Q3, 2010 5,246,202 0.43 86.8 42.8 43.5 $ 1.14
Q2, 2010 4,873,077 0.39 87.2 37.0 31.6 $ 1.13
Q1, 2010 4,318,621 0.36 85.5 29.7 29.1 $ 1.24
Alumbrera
-------------------------------------------------------------------------
Q1 2011 1,131,995 0.39 73.1 7.1 7.1 $ 1.85
-------------------------------------------------------------------------
Total 2010 4,509,332 0.50 82.0 38.7 37.0 $ 1.29
Q4, 2010 1,160,601 0.40 81.0 9.3 9.0 $ 1.37
Q3, 2010 1,102,574 0.40 82.2 8.3 7.7 $ 1.53
Q2, 2010 1,117,957 0.44 81.4 9.3 12.1 $ 1.52
Q1, 2010 1,128,200 0.54 84.7 11.8 8.2 $ 0.89
-------------------------------------------------------------------------
-------------------------------------------------------------------------
Select the service that is right for you!
COMPARE ALL SERVICESAction Alerts PLUS
TRY IT FREEJim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
Product Features:
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Dividend Stock Advisor
TRY IT FREENew! $49.95/yr
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
Product Features:
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Stocks Under $10
TRY IT FREEDavid Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.
Product Features:
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
- Weekly roundups
Real Money
TRY IT FREE24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.
Product Features:
- Jim Cramer + 20 Wall Street pros
- Intraday commentary & news
- Real-time trading forum
- Actionable trade ideas
Real Money Pro
TRY IT FREEAll of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
Product Features:
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Options Profits
TRY IT FREEOur options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
Product Features:
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
blog comments powered by Disqus
