Yamana forecasts stable-to-positive production growth to 2020

TSX-listed Yamana Gold expects stable-to-positive production growth, with gold and silver output forecast to increase to 955 000 oz and 12-million ounces, respectively, by 2020. In the fourth-quarter and full-year results announcement on Thursday, the company stated that gold production would benefit from continued strong performance across the portfolio, led by production increases at Qubec-based Canadian Malartic, while silver production was expected to benefit from grade and production increases at Cerro Moro, Argentina, in line with current mine plans.