Yamana Gold is pleased to announce that its wholly owned subsidiary, Brio Gold Inc, has filed a preliminary prospectus with the securities regulatory authorities in each of the provinces and territories of Canada in connection with qualifying a secondary offering of Brio Gold common shares held by Yamana, which will be transferred to purchasers [...]
Yamana Gold herein announces that in the context of current market conditions and in consideration of recent positive operational developments at its wholly-owned subsidiary Brio Gold, it has decided to suspend efforts relating to the monetization of Brio Gold. Yamana will continue to hold the Brio Gold assets within the Yamana portfolio of assets [...]
Yamana Gold hereby announces that its wholly-owned subsidiary Brio Gold has commenced a private placement of Brio Gold common shares, consisting of a primary offering by Brio Gold and a secondary offering by Yamana. The implied initial post-money valuation of Brio Gold based on the private placement is approximately $369.3 mi...
Yamana Gold hereby announces that it has entered into three metal purchase agreements with Sandstorm Gold, for which Sandstorm has paid Yamana total advanced payments of $148 million and has issued the Company 15 million common share purchase warrants with a strike price of $3.50 and a term of five years. Sandstorm will also pay the Company an [...]
Brio Gold is hereby announcing the modified process flow sheet and results from the recently completed metallurgical testwork at the C1 Santa Luz project, located in the Bahia State of Brazil. The results of the work to date have been incorporated into a PEA in accordance with National Instrument 43-101, which includes an updated mine desig...
Brio Gold, a subsidiary of Yamana Gold, today announced preliminary second quarter 2015 results and a new discovery at the Fazenda Brasileiro operation. PRELIMINARY SECOND QUARTER OPERATIONAL RESULTS Brio Gold's operating mines produced 35,211 ounces of gold in the second quarter of 2015 at cash costs(1) of $773 per ounce. Production for the first [...]
Yamana Gold today announced preliminary first quarter 2015 operational results for its subsidiary Brio Gold and provided an update on strategic initiatives relating to Brio Gold. PRELIMINARY FIRST QUARTER OPERATIONAL RESULTS The producing mines in the Brio Gold portfolio produced approximately 31,000 ounces of gold in the first qu...