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Brazil, Argentina, Chile, Mexico - Yamana is targeting sustainable gold production of 2.2 M oz of gold by 2012.

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Message: Update on Chile mine

Update on Chile mine

posted on Feb 19, 2009 06:23AM

UPDATE 1-Yamana sees 120,000 oz gold at Chile mine in '09

Thu Feb 19, 2009 9:25
(Updates with quote)

MINERA FLORIDA, Chile, Feb 19 (Reuters) - Canada's Yamana Gold (YRI.TO) said on Thursday it expected to produce 120,000 ounces of gold from its Minera Florida mine in central Chile in 2009.

"It will be up to 120,000 ounces this year," Ricardo Palma Contesse, vice president and country manager for Yamana Gold in Chile, told Reuters during a trip to the mine. "Last year it was about 65,000 ounces of gold equivlent."

He also forecast the mine would produce 400,000 ounces of silver and 6,000 tonnes of zinc in 2009. (Reporting by Pav Jordan; Editing by Walter Bagley)

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