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Available credit to US$500 million
posted on
Dec 29, 2008 10:56AM
Yamana Gold extends available credit to US$500 million
Monday, Dec 29, 2008
Toronto-based Yamana Gold reported that it has completed the arrangements for a previously announced US$200mn revolving line of credit.
With the transaction Yamana has roughly US$500mn in available cash and undrawn credit. In Latin America Yamana has gold output in Brazil, Argentina, Chile, Mexico and Central America.
