Articles from Yamana Gold
Pan American Silver Completes Acquisition of Yamana Gold
VANCOUVER, British Columbia, March 31, 2023 (GLOBE NEWSWIRE) -- Pan American Silver Corp. (NASDAQPAAS) (TSX: PAAS) ("Pan American" or the "Company") and Yamana Gold Inc. (TSX: YRI; NYSE: AUY; LSE: AUY) ("Yamana") are pleased to announce that Pan American has completed its previously announced acquisition of all of the issued and outstanding common shares of Yamana ("Yamana Shares"), following the sale by Yamana of its Canadian assets, including certain subsidiaries and partnerships which hold Yamana’s interests in the Canadian Malartic mine, to Agnico Eagle Mines Limited ("Agnico Eagle"), by way of a plan of arrangement (the "Arrangement") under the Canada Business Corporations Act.
By Yamana Gold · Via GlobeNewswire · March 31, 2023
Yamana Gold Reports Updated Mineral Reserves and Mineral Resources Highlighting the Sustainability of Its Production Platform
TORONTO, March 29, 2023 (GLOBE NEWSWIRE) -- Yamana Gold Inc. (TSX:YRI; NYSE:AUY; LSE:AUY) (“Yamana” or the “Company”) herein provides its updated mineral reserve and mineral resource estimates as at December 31, 2022 highlighting the ongoing sustainability of the Company's production platform. The Company’s continued success in replacing mineral reserves is further underscored by its strong 2022 operating results which, as previously reported, exceeded annual guidance with full year production of 1,005,770 gold equivalent ounces (“GEO”)(1) at an all-in sustaining cost (“AISC”)(2) below $1,125 per GEO(1).
By Yamana Gold · Via GlobeNewswire · March 29, 2023
Mexican Federal Economic Competition Commission Approves Pan American Silver’s Arrangement with Yamana and Agnico Eagle
Pan American Declares Dividend with Respect to the First Quarter of 2023
By Yamana Gold · Via GlobeNewswire · March 24, 2023
Yamana and Pan American Shareholders Approve Proposed Transaction
TORONTO, Jan. 31, 2023 (GLOBE NEWSWIRE) -- Yamana Gold Inc. (TSX:YRI; NYSE:AUY; LSE:AUY) (“Yamana” or the “Company”) is pleased to announce that at a special meeting of shareholders held earlier today (“the Meeting”), Yamana shareholders voted overwhelmingly in favour of the special resolution (the “Arrangement Resolution”) approving the previously announced acquisition by Pan American Silver Corp. (“Pan American”) of all of the issued and outstanding common shares of the Company following the sale by Yamana of its Canadian assets, including certain subsidiaries and partnerships which hold Yamana’s interests in the Canadian Malartic mine, to Agnico Eagle Mines Limited (“Agnico Eagle”), all by way of a plan of arrangement under the Canada Business Corporations Act (the “Proposed Transaction”).
By Yamana Gold · Via GlobeNewswire · January 31, 2023
Yamana Gold Announces Preliminary Fourth Quarter and Full Year 2022 Operating Results, Exceeding Annual Production Guidance With Strong Performances Across Its Core Asset Portfolio
TORONTO, Jan. 17, 2023 (GLOBE NEWSWIRE) -- YAMANA GOLD INC. (TSX:YRI; NYSE:AUY; LSE:AUY) (“Yamana” or “the Company”) herein announces fourth quarter and full year 2022 preliminary operating results. Production during the fourth quarter totaled 264,891 gold equivalent ounces (“GEO”)(1) with full year production of 1,005,770 GEO(1) exceeding annual guidance of 1,000,000 GEO(1). Full year all-in sustaining costs (“AISC”)(2) are expected to be below $1,125 per GEO(1), generally in line with guidance when adjusted for the impact of the higher gold-to-silver ratio. The standout production results, which were realized despite the gold-to-silver ratio being near an all-time high and significantly above what was anticipated in guidance, are a testament to the Company’s focus on operational excellence and track record of execution despite inflationary conditions.
By Yamana Gold · Via GlobeNewswire · January 17, 2023
Independent Proxy Advisory Firms ISS and Glass Lewis Recommend Shareholders Vote for the Proposed Arrangement With Pan American and Agnico Eagle
TORONTO, Jan. 13, 2023 (GLOBE NEWSWIRE) -- Yamana Gold Inc. (TSX:YRI; NYSE:AUY; LSE:AUY) (“Yamana” or the “Company”) is pleased to announce that the Company has received positive recommendations from both Institutional Shareholder Services (“ISS”) and Glass, Lewis & Co. LLC (“Glass Lewis”) in support of the previously announced arrangement involving the acquisition by Pan American Silver Corp. (“Pan American”) of all of the issued and outstanding common shares of the Company following the sale by Yamana of its Canadian assets, including certain subsidiaries and partnerships which hold Yamana’s interests in the Canadian Malartic mine, to Agnico Eagle Mines Limited (“Agnico Eagle”), all by way of a plan of arrangement under the Canada Business Corporations Act (the “Proposed Transaction”).
By Yamana Gold · Via GlobeNewswire · January 13, 2023
Yamana Announces Filing and Public Availability of Management Information Circular in Connection With the Proposed Arrangement With Agnico Eagle and Pan American
TORONTO, Dec. 28, 2022 (GLOBE NEWSWIRE) -- Yamana Gold Inc. (TSX:YRI; NYSE:AUY; LSE:AUY) (“Yamana” or the “Company”) is pleased to announce that the management information circular (the “Information Circular”) and related meeting and proxy materials in connection with the special meeting of shareholders (the “Yamana Meeting”) scheduled to be held on January 31, 2023 has been filed and made publicly available. The purpose of the Yamana Meeting is to seek approval for the previously announced arrangement with Agnico Eagle Mines Limited (“Agnico Eagle”) and Pan American Silver Corp. (“Pan American”) involving the acquisition by Pan American of all of the issued and outstanding common shares of the Company and the sale by Yamana of its Canadian assets, including certain subsidiaries and partnerships which hold Yamana’s interests in the Canadian Malartic mine, to Agnico Eagle, all by way of a plan of arrangement under the Canada Business Corporations Act.
By Yamana Gold · Via GlobeNewswire · December 28, 2022
Yamana Provides Notice of Record and Meeting Dates for the Proposed Transaction With Agnico and Pan American Silver and Declares Fourth Quarter Dividend
TORONTO, Nov. 21, 2022 (GLOBE NEWSWIRE) -- YAMANA GOLD INC. (TSX: YRI, NYSE: AUY, LSE: AUY) (“Yamana” or the “Company”) announces that it has filed the required notice setting the record and meeting dates in respect of the special meeting of shareholders to consider the previously announced proposed transaction (the “Proposed Transaction”) with Agnico Eagle Mines Limited and Pan American Silver Corp. (“Pan American Silver”). The record date, which is the date of record for determination of shareholders entitled to receive notice of and vote at the special meeting of shareholders, is set as December 14, 2022 and the special meeting of shareholders will be convened on January 31, 2023. Yamana has been advised that a Pan American Silver shareholder meeting is scheduled for the same day as the Company’s special meeting of shareholders.
By Yamana Gold · Via GlobeNewswire · November 21, 2022
Ongoing Exploration Success Continues to Underpin Project Pipeline for Growth and Longevity; Strong October Production Exemplifies Operational Excellence and Positions the Company Well to Meet Annual Guidance
Download a PDF of detailed drill hole results for Canadian MalarticDownload a PDF of detailed drill hole results for WasamacDownload a PDF of detailed drill hole results for JacobinaDownload a PDF of detailed drill hole results for El PeñónDownload a PDF of detailed drill hole results for Minera FloridaDownload a PDF of detailed drill hole results for Cerro Moro
By Yamana Gold · Via GlobeNewswire · November 10, 2022
Yamana Announces Termination of the Gold Fields Transaction and Confirms Activation of the Agnico - Pan American Arrangement Agreement
TORONTO, Nov. 08, 2022 (GLOBE NEWSWIRE) -- YAMANA GOLD INC. (TSX: YRI, NYSE: AUY, LSE: AUY) (“Yamana” or the “Company”) is pleased to announce that the arrangement agreement with Agnico Eagle Mines Limited (“Agnico”) and Pan American Silver Corp. (“Pan American”) entered into on November 4, 2022 (the “Agnico – Pan American Arrangement Agreement”) has become effective upon the termination today by Gold Fields Limited (“Gold Fields”) of the arrangement agreement between the Company and Gold Fields entered into on May 31, 2022 (the “Gold Fields Arrangement Agreement”). The terms of the Agnico - Pan American Arrangement Agreement remain the same as previously announced by the Company earlier today, November 8, 2022. A copy of the earlier November 8, 2022 press release is available on the Company’s website at www.yamana.com and under the Company’s SEDAR profile at www.sedar.com.
By Yamana Gold · Via GlobeNewswire · November 8, 2022
Yamana Enters Into Arrangement Agreement With Agnico and Pan American and Announces Change of Recommendation
TORONTO, Nov. 08, 2022 (GLOBE NEWSWIRE) -- Yamana Gold Inc. (TSX: YRI, NYSE: AUY, LSE: AUY) (“Yamana” or the “Company”) announced today that the Company has entered into an arrangement agreement with Agnico Eagle Mines Limited (“Agnico”) and Pan American Silver Corp. (“Pan American”) for the acquisition by Pan American of all of the issued and outstanding common shares of the Company and the sale by Yamana of certain subsidiaries and partnerships which hold Yamana’s interests in its Canadian assets, including the Canadian Malartic mine, to Agnico, all by way of a proposed plan of arrangement (the “Agnico - Pan American Arrangement Agreement”).
By Yamana Gold · Via GlobeNewswire · November 8, 2022
Yamana Announces Superior Proposal
TORONTO, Nov. 04, 2022 (GLOBE NEWSWIRE) -- YAMANA GOLD INC. (TSX:YRI; NYSE:AUY; LSE:AUY) (“Yamana” or “the Company”) confirms that, as disclosed today in a joint press release by Agnico Eagle Mines Limited (“Agnico”) and Pan American Silver Corp. (“Pan American” and together with Agnico, the “New Offerors”), it has received an unsolicited binding proposal from the New Offerors for the acquisition by Pan American of all of the issued and outstanding common shares of the Company (“Common Shares”) and the sale by Yamana of certain subsidiaries and partnerships which hold Yamana’s interests in its Canadian assets, including the Canadian Malartic mine, to Agnico, all by way of a proposed plan of arrangement (the “New Offer”).
By Yamana Gold · Via GlobeNewswire · November 4, 2022
Yamana Gold Reports Third Quarter 2022 Results; Strong Production at Canadian Malartic and Jacobina Highlights the Company's Growing Sustainable Production Platform and Exceptional Execution Across Its Entire Asset Portfolio; Information Circular Publicly
TORONTO, Oct. 27, 2022 (GLOBE NEWSWIRE) -- YAMANA GOLD INC. (TSX:YRI; NYSE:AUY; LSE:AUY) (“Yamana” or the "Company”) is herein reporting its financial and operational results for the third quarter of 2022. Production totalled 241,302 gold equivalent ounces ("GEO")(2) at total cost of sales, cash costs(1) and all-in sustaining costs ("AISC")(1) of $1,299, $794 and $1,148 per GEO(2) respectively. The standout production results, which were realized despite the gold-to-silver ratio being near an all-time high and significantly above that anticipated in guidance, delivered strong cash flow generation including $164.7 million in cash flows from operating activities and $157.1 million in cash flows from operating activities before net change in working capital. With solid results across its operations, the Company is well positioned to achieve its annual production guidance of 1,000,000 GEO(2) with AISC(1) expected to be within the upper end of guidance when adjusted for the impact of the higher gold-to-silver ratio.
By Yamana Gold · Via GlobeNewswire · October 27, 2022
Yamana Announces Expected Filing and Public Availability of Management Information Circular in Connection With the Proposed Arrangement With Gold Fields
TORONTO, Oct. 21, 2022 (GLOBE NEWSWIRE) -- Yamana Gold Inc. (TSX:YRI; NYSE:AUY; LSE:AUY) (“Yamana” or the “Company”) is pleased to announce the management information circular (the “Information Circular”) and related meeting and proxy materials in connection with the special meeting of shareholders (the “Yamana Meeting”) scheduled to be held on November 21, 2022 is expected to be filed and made publicly available after the market close today. The purpose of the Yamana Meeting is to seek approval for the previously announced proposed business combination whereby all of the issued and outstanding common shares of Yamana will be acquired by a wholly-owned subsidiary of Gold Fields Limited (JSE, NYSE: GFI) (“Gold Fields”) by way of a plan of arrangement under the Canada Business Corporations Act.
By Yamana Gold · Via GlobeNewswire · October 21, 2022
Yamana Gold Provides Notice of Third Quarter 2022 Results and Notice of Meeting and Record Date for the Proposed Transaction With Gold Fields
TORONTO, Oct. 04, 2022 (GLOBE NEWSWIRE) -- YAMANA GOLD INC. (TSX:YRI; NYSE:AUY; LSE:AUY) (“Yamana” or “the Company”) announces that it will release its operational and financial results for the third quarter of this year after the market closes on Thursday, October 27, 2022. The Company will host a conference call and webcast to review the results on Friday, October 28, 2022 at 9:00 a.m. Eastern Daylight Time.
By Yamana Gold · Via GlobeNewswire · October 4, 2022
Yamana Gold Announces Positive Exploration Results Underpinning Strategic Upside at Odyssey and Wasamac; East Gouldie Exploration Drilling Continues to Highlight Significant Expansion Potential; Infill Drilling Results at Wasamac Support an Expanded
Download a PDF of detailed drill hole results for OdysseyDownload a PDF of detailed drill hole results for Wasamac
By Yamana Gold · Via GlobeNewswire · July 27, 2022