Yamana Gold eyes $100m expansion in Brazil

Precious metals miner Yamana Gold is considering several expansion opportunities at its mines, including a $100-million expansion in Brazil that will add about 80 000 oz/y to its production.

With more financial flexibility following the $1-billion sale agreement of Brazil-based Chapada to Lundin Mining, Yamana considering a two-phase expansion at the Jacobina mine, the first phase of which involves a mill optimisation to increase capacity to 6 500 t/d.