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Yamana allowed to restart Cerro Morro

Canadian mid-tier Yamana Gold shares climbed up to 9% on Monday after it reported solid March-quarter production results and news the Argentine government had allowed it to restart the slowed Cerro Morro operation.

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Yamana Gold's Jacobina operation in Brazil underpinned improved production in the March-quarter

The government had declared mining an essential service, allowing Cerro Moro to resume full operations after scaling down from March 16, the company said.