(Kitco News) - Yamana Gold (TSX:YRI) said today that its full year 2022 production of 1,005,770 gold equivalent ounces exceeded annual guidance of 1,000,000 gold equivalent ounces.
The company added that full year all-in sustaining costs are expected to be below $1,125 per gold equivalent ounce, generally in line with guidance when adjusted for the impact of the higher gold-to-silver ratio.
“The standout production results, which were realized despite the gold-to-silver ratio being near an all-time high and significantly above what was anticipated in guidance, are a testament to the company’s focus on operational excellence and track record of execution despite inflationary conditions,” Yamana noted in a statement.
Yamana Gold is a Canadian-based precious metals producer with significant gold and silver production, development stage properties, exploration properties, and land positions throughout the Americas, including Canada, Brazil, Chile and Argentina.
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