July 13 (Reuters) - Yamana Gold Inc YRI.TO :
* YAMANA GOLD ANNOUNCES PRELIMINARY SECOND QUARTER 2020 RESULTS; FURTHER BALANCE SHEET IMPROVEMENTS; RAMP-UP AT CANADIAN MALARTIC COMPLETED FASTER THAN ANTICIPATED WITH RECORD TONNES MILLED IN MAY
* YAMANA GOLD- PRELIM Q2 GOLD PRODUCTION OF 164,141 OUNCES AND SILVER PRODUCTION OF 2.01 MILLION OUNCES
* YAMANA GOLD- PRELIM Q2 TOTAL GOLD EQUIVALENT OUNCE PRODUCTION WAS 183,582 GEO
* YAMANA GOLD- EXPECTS TO GENERATE INCREASING PRODUCTION, IMPROVING COSTS, SIGNIFICANT CASH FLOWS IN SECOND HALF OF YEAR
* YAMANA GOLD- REITERATES ITS 2020 PRODUCTION GUIDANCE
* YAMANA GOLD- NET DEBT AT THE END OF THE QUARTER WAS BELOW $769 MILLION
* YAMANA GOLD- ANTICIPATES SUSPENSION, STANDBY COSTS WILL BE MINIMIZED PROSPECTIVELY FOR BALANCE OF YEAR
* YAMANA GOLD- HAS SUFFICIENT CASH ON HAND, AVAILABLE CREDIT, LIQUIDITY TO FULLY MANAGE BUSINESS
* YAMANA GOLD- HAS NO PENDING SCHEDULED DEBT REPAYMENT OR SIGNIFICANT CAPITAL COMMITMENTS
* YAMANA GOLD- EXPECTS TO REPAY REMAINING $100 MILLION OF DRAWN FUNDS BEFORE END OF 2020