Yamana Gold Inc. (TSX:YRI,NYSE:AUY,LSE:YAU) announced an update on its Argentina-based Cerro Moro gold project, commenting that the mineral resource at the project has increased by 44 percent.
Articles Tagged "NYSE:AUY"
Yamana Gold Inc. (TSX:YRI,NYSE:AUY,LSE:YAU) announced that its second quarter results for 2012 include a year-on-year drop in net earnings from $194.68 million to $42.91 million. However, the company did produce 288,700 gold equivalent ounces.
Bloomberg reported that Yamana Gold (NYSE:AUY) is purchasing Extorre Gold Mines (TSX:XG) and acquiring control of its Argentina gold mine.
Reuters reported that Yamana Gold (NYSE:AUY) reported that its fourth quarter adjust profit was up 8%.
Mineweb reported that Yamana Gold (NYSE:AUY) is increasing its gold production guidance for 2012.
StockCall.com released research on the gold industry, Kinross Gold Corporation (NYSE:KGC) and Yamana Gold Inc. (NYSE:AUY).
As an asset class, gold outperformed compared with the broader commodity complex and international equities on a risk-adjusted basis, also demonstrating limited volatility relative to other commodities, with annualized average volatility falling to 17.6 percent from 20 percent in the previous quarter.