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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: FTSE Gold Mines Index

FTSE Gold Mines Index

posted on Jun 22, 2009 08:20AM

Yamana Gold added to FTSE Gold Mines Index

Mon Jun 22, 2:00 AM

TORONTO, June 22 /PRNewswire-FirstCall/ - YAMANA GOLD INC. (TSX:YRI; NYSE:AUY; LSE:YAU) announced that effective today its shares have been added to the FTSE Gold Mines Index.

The FTSE Gold Mines Index is designed to reflect the performance of the worldwide market in the shares of companies whose principal activity is the mining of gold. The index series encompasses all gold mining companies that have a sustainable and attributable gold production in excess of 300,000 ounces per year and derive the majority of their revenues from mined gold.

"Yamana is pleased to be recognized as a premier global gold producer and to join the impressive group of companies comprising the FTSE Gold Mines Index" said Peter Marrone, Yamana's chairman and chief executive officer. "Yamana considers that becoming a member of this prestigious index will further increase global investor awareness and its visibility among index-tracking funds."

About Yamana

Yamana is a Canadian-based gold producer with significant gold production, gold development stage properties, exploration properties, and land positions in Brazil, Argentina, Chile, Mexico and Central America. The Company plans to continue to build on this base through existing operating mine expansions and throughput increases, the advancement of its exploration properties and by targeting other gold consolidation opportunities in the Americas.

SOURCE Yamana Gold Inc.


Jun 22, 2009 01:57PM

Jun 22, 2009 02:48PM

Jun 22, 2009 07:45PM
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