Yamana Gold goes forward with enlargement at Brazil mine

Yamana plans to right away start growing throughput to the Part 2 charge of 8,500 t/d, from the beforehand permitted charge of seven,500 t/d. It expects to realize the focused throughput charge by the second quarter of 2022 – a couple of 12 months sooner than initially deliberate.

The Toronto-based firm additionally stated it had simplified its method for the second part enlargement, which lowered capital expenditure, elevated power effectivity and de-risked the challenge. Capital prices for Part 2 are estimated at $20 million, of which $15 million might be spent subsequent 12 months, Yamana stated.

Engineering for the potential Part 3 enlargement was advancing in parallel with Part 2, with a feasibility research for Part 3 to be accomplished in 2023.

Jacobina, in manufacturing since earlier than Yamana took possession of it in 2006, has greater than doubled annual manufacturing since 2014 from 75,000 ounces gold to almost 180,000 ounces a 12 months.

“Distinctive” to the Americas

The Jacobina mining complicated, positioned in Bahia state in northeastern Brazil, consists of 5 underground gold mines: Canavieiras, João Belo, Morro do Cuscuz, Morro do Vento, and Serra do Córrego.

In accordance with Yamana’s government chairman and founder, Peter Marrone, this conglomerate construction is quite common in West Africa, however very distinctive to the Americas. 

The corporate owns three different mines in South America: Minera Florida and El Peñón in Chile, and Cerro Moro in Argentina.

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