Canadian gold miner Yamana Gold on Wednesday reported strong preliminary second-quarter production results and updated its guidance for the year to reflect the completion of the sale of the Chapada mine, in Brazil, to Lundin Mining.
The company produced 257 556 gold-equivalent ounces (GEOs) in the second quarter, comprising 232 863 oz of gold and 2.17-million ounces of silver. Both the gold and silver production were stronger than anticipated, Yamana said.