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Market: TSX, NYSE, LSE
Sector: Gold Mining
Epic: YAU
News: Latest news
Web Site: Yamana Gold
Other Articles: 05-05-201004-03-201026-01-2010

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Thursday September 02, 11:00Baobab Resources identifies distinct ore domain at Tete’s South Zone

Baobab MD Ben James said the latest drilling results from the Tete project's South Zone characterise a distinct, higher mass recovery, ore domain.

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Thursday September 02, 08:15Indonesia edges closer toward uranium mining and nuclear power

After nearly five decades of national debate on the issue, Indonesia's central government may finally be ready to develop a national nuclear policy, which may lead to domestic uranium mining.

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Wednesday September 01, 01:25Green Dragon Gas reports significant growth as China’s thirst for energy continues

China's thirst for energy resources has continued with an increased focus on domestic supplies of gas, Green Dragon Gas chairman Randeep Grewal said today. In the company's interim results, [...]

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Yamana Gold

Yamana Gold

Yamana Gold Inc. is a Canadian-based gold producer with significant gold production including other precious metals and copper, gold development stage properties, exploration properties, and land positions in Brazil, Argentina, Chile, Mexico, Central America and the United States. Yamana has seven operating mines and five development projects providing direct employment opportunities to over 8,700 individuals. 

The company is targeting sustainable production of approximately 2.2 million gold equivalent ounces in 2012.
Wednesday, June 17, 2009

Yamana Gold updates on development projects

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Yamana Gold Inc (TSX: YRI; NYSE: AUY; LSE: YAU) issued an update on its development and near development stage projects.

It is continuing to advance the Mercedes gold and silver project in Mexico, targeting 30,000 metres of drilling in 2009, with a budget of approximately US$4 million and the principal goal of extending the mine life. It expects to make a decision on mine construction in the first quarter of 2010.

Additional drilling at both Las Barrancas and Lupita zones at Mercedes is planned to define potential high grade ore shoots. Mercedes continues to show a high geological potential given the size of the property and the results of geological and geophysical studies to date, which support a feasibility study.

Drilling at the Pilar gold project in Brazil to date prompted Yamana to say the project is rapidly developing into a defined resource for feasibility. It believes Pilar is highly prospective and is an important near development stage project for the company with the potential to be accelerated. A feasibility study and construction decision is expected in the first quarter of 2010.

At Minera Florida, gold, silver and zinc producing mine in Chile, exploration efforts have focused on the delineation of the newly discovered Centenario and Polvorin deposits. Both have been traced along strike lengths of approximately 400 metres and are open to depth and along strike. Both contain higher grades than the current mine grades. Drilling will continue through the third quarter and a resource estimate for these new targets is expected to be completed in the fourth quarter of 2009.

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