Aura Minerals Inc

News July 6, 2009

Yamana Eases Off On 2M-Oz Goal

Yamana Gold’s (YRI-T, AUY-N) production targets have been creeping downwards over the last year, but chairman and CEO Peter Marrone says the company’s focus is quality over quantity.

Workers at Yamana Gold's Chapada copper-gold operation in Goias state, Brazil. Yamana has aimed to produce up to 155,000 oz. gold and 150 million lbs. copper at Chapada this year at cash costs of US$275-305 per oz. gold and US90¢-$1 per lb. copper.

News June 22, 2009

Yamana Sells Off Mines To Aura

Latin America-focused Yamana Gold (YRI-T, AUY-N) is selling its three most costly gold mines to Aura Minerals (ORA-T, ORAUF-O) for US$200 million, putting some analysts on the lookout for a Yamana sho…