{"id":1188914,"date":"2020-06-08T09:05:00","date_gmt":"2020-06-08T14:05:00","guid":{"rendered":"https:\/\/www.mining.com\/?p=1026424"},"modified":"2020-06-08T09:05:00","modified_gmt":"2020-06-08T14:05:00","slug":"yamana-gold-to-apply-ai-at-its-cerro-moro-mine-in-argentina","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=1188914","title":{"rendered":"Yamana Gold to apply AI at its Cerro Moro mine in Argentina"},"content":{"rendered":"

Canada\u2019s Yamana Gold Inc. (TSX: YRI) (NYSE: AUY) has hired GoldSpot Discoveries’ (TSX-V: SPOT) team of expert geologists and data scientists to identify new drilling targets at its Cerro Moro gold and silver mine<\/a> in Argentina.<\/p>\n

The Toronto-based miner said GoldSpot will explore the company\u2019s entire database and look for previously unrecognized data trends to identify areas of potential mineralization both at depth and on a regional scale.<\/p>\n

Yamana, which began gold and silver production at Cerro Moro in 2018<\/a>, said the move seeks to minimize exploration risk and mitigate costs.<\/p>\n

As most miners, the Canadian gold producer had to halt operations earlier this year<\/a> due to covid-19 restrictions. It restarted Cerro Morro in April, noting the complex was expected to produce 96,000 ounces of gold and 6.3 million ounces of silver this year.\u00a0<\/p>\n

Previously, the mine had been forecast to churn out  117,000 ounces of gold and 7.5 million ounces of silver.<\/p>\n

Cerro Moro, located in Argentina\u2019s Santa Cruz province, is a high-grade, low-cost gold and silver operation sourcing ore from a combination of underground and open-pit mining.<\/p>\n

Yamana has other five mines in South America and one in its home country \u2014 the Canadian Malartic mine, which the company owns as part of a 50\/50 joint venture (JV) with Agnico Eagle Mines.<\/p>\n

GoldSpot, a Canadian technology and investment company that leverages machine learning (Artificial Intelligence) to reduce capital risk, had previously worked with Yamana at the company\u2019s El Pe\u00f1\u00f3n mine in Chile. As a result of that work, the miner reported growth in mineral reserves and resources at the asset<\/a>, which promises to extend its productive life. <\/p>\n

It also concluded that processing facilities at the site were under-utilized, so the positive results could potentially lead to higher output from El Pe\u00f1\u00f3n. That would spread operating costs over more ounces and likely reduce all-in sustaining costs.   <\/p>\n","protected":false},"excerpt":{"rendered":"

Yamana has hired machine learning expert GoldSpot to identify new drilling targets at its gold-silver mine in Argentina.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[2648,624,949,369],"tags":[43],"_links":{"self":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1188914"}],"collection":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1188914"}],"version-history":[{"count":6,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1188914\/revisions"}],"predecessor-version":[{"id":1188949,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1188914\/revisions\/1188949"}],"wp:attachment":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1188914"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1188914"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1188914"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}