Tag Archives: mining anniversary

Yamana Gold turns 15

Toronto- and New York-listed miner Yamana Gold is celebrating 15 years as a public entity today.

On this day in 2003, the company was taken public with an initial portfolio including the Chapada project in Brazil, which it subsequently developed and brought into production in 2007 (pictured).

Yamana has, over the years, grown through phases of strategic acquisitions to enhance and diversify its portfolio as well as pursuing organic opportunities within its portfolio.

“Throughout, the company has focused on the sustainability of its business and has sought to continuously improve its performance across all health and safety, environment and community metrics,” Yamana said.

Peter Marrone, Chairman and Chief Executive Officer, said: “In 2003, we had a vision to create a significant and dominant intermediate gold company that focused on high quality assets in more prominent and higher quality mining jurisdictions in North and South America mostly to deliver better value with lower risk.

“Over the past 15-year period, we have achieved these objectives plus much more, and we are proud that Yamana, in 2018, is a realisation of that initial vision.”

Operating from seven mines in Brazil, Argentina, Chile and Canada, the company has a production platform of gold, silver and copper. It expects to produce over 1.1 million ounces of gold equivalent and 120 million pounds of copper this year.