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Yamana produces 900,000oz in 2019, cuts debt

Yamana Gold produced 900,339 ounces of gold and 10.6 million ounces of silver in 2019, beating its guidance, while all-in sustaining costs were US$978/oz gold-equivalent. The company generated net earnings of US$225.6 million on revenue of $1.6 billion.

Yamana produces 900,000oz in 2019, cuts debt Yamana produces 900,000oz in 2019, cuts debt Yamana produces 900,000oz in 2019, cuts debt Yamana produces 900,000oz in 2019, cuts debt Yamana produces 900,000oz in 2019, cuts debt

Cerro Morro in Argentina

Strong cash flow generation allowed the company to cut its total debt by $710.8 million to $1,048 million in 2019 while it increased its cash and equivalents to $158.8 million from $98.5 million.