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BRIEF-Yamana Gold provides update on Brio Gold operations

Published 2015-12-21, 05:39 p/m
© Reuters.  BRIEF-Yamana Gold provides update on Brio Gold operations
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Dec 21 (Reuters) - Yamana Gold Inc YRI.TO :
* Provides update on Brio Gold operations and suspends monetization efforts
* Says has decided to suspend efforts relating to the monetization of brio gold
* Says will continue to hold the brio gold assets within the Yamana portfolio
of assets and manage brio gold as a separate division
* Says brio gold expects to achieve its previously upward revised 2015
production guidance of 140,000 ounces of gold
* Intends to hold assets for foreseeable future, and will re-evaluate other
options related to brio gold pending material improvements
* Says operational and financial performance for brio gold will be consolidated
into overall Yamana reporting
* Says production is expected to increase to approximately 100,000 ounces at
pilar over the next two years

* Source text for Eikon ID:nCCN2N894N

* Further company coverage YRI.TO

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