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Will Cerro Moro Be a Game-Changer for Yamana Gold?

Annie Gilroy
Will Cerro Moro Be a Game-Changer for Yamana Gold?

(Continued from Prior Part)Cerro Moro starts up Yamana Gold’s (AUY) newest mine, Cerro Moro in Argentina, has started production. The first ore was fed to the mill on April 25. The start-up of the mine is progressing well, and the milling rates and feed grades are expected to ramp up through the second quarter. Yamana expects the first doré from the operation in May. Cerro Moro, a game-changer Cerro Moro is a very significant operation for Yamana. It’s expected to contribute meaningfully to Yamana’s production growth at costs below the company’s current average costs. ...