28th Oct 2022 10:09
Yamana Gold Inc - Toronto, Canada-based mining company - Says revenue falls to USD422.4 million for the three months ended September 30 from USD452.2 million a year ago, as total cost of sales increase to USD317.3 million from USD298.2 million. Mine operating earnings amounts to USD103.4 million, down from USD154.0 million a year ago.
Production totals 241,302 gold equivalent ounces during the quarter. Expects to achieve its annual production guidance of 1 million gold equivalent ounces. Says gold production of 216,673 ounces has exceeded plan, following standout performances from Canadian Malartic with 75,262 ounces and Jacobina with 50,113 ounces. Says silver production of 2,212,765 ounces was in line with plan.
Yamana Gold says the quarterly average realised silver price falls to USD19.31 per ounce from USD24.23 a year ago, and the quarterly average realised gold price falls to USD1,728 per ounce from USD1,789.
Current stock price: 405.00 pence, up 1.3% on Friday
12-month change: up 30%
By Xindi Wei; [email protected]
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