The Motley Fool Discussion Boards

Previous Page

Stocks Y / Yamana Gold


Subject:  AUY Declares Commercial Production at Gualcamayo Date:  7/22/2009  8:58 PM
Author:  Matt1344 Number:  629 of 650

"Yamana Gold Declares Commercial Production at Gualcamayo and Announces Construction Decision for its C1 Santa Luz and Mercedes Projects

* Press Release
* Source: Yamana Gold Inc.
* On Wednesday July 22, 2009, 6:52 pm EDT

- Reports Progress on Advanced Development Stage Projects, Provides
Exploration Update -

TORONTO, July 22 /PRNewswire-FirstCall/ - YAMANA GOLD INC. (TSX: YRI - News; NYSE: AUY - News; LSE: YAU - News) announced that it has declared commercial production at its Gualcamayo mine effective July 1, 2009. Located in the province of San Juan, Argentina, the Gualcamayo mine is expected to contribute significantly to Yamana's overall production and be one of its core mines. The Gualcamayo mine primary ore pass, conveyor system and processing facilities were constructed in less than 20 months following receipt of a positive feasibility study and the start up of construction in August 2007. The ore pass and primary crushing facilities were commissioned in late April 2009, although processing of ore at Gualcamayo began in late December 2008. A list of key milestones is provided below:


Regards, Ken (Long AUY)
Copyright 1996-2018 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us