Loading ...Canada’s Yamana Gold Inc. (TSX: YRI) (NYSE: AUY) said Tuesday it has produced first gold and silver at its Cerro Moro mine, located in Argentina’s Santa Cruz province.
The Toronto-based miner, which began construction at Cerro Moro in 2015 and poured first doré last month, expects to finish building the mine this year.
Production ramp-up remains on track, the company said, with commercial production expected in the second quarter of the year. Once at full tilt, Cerro Moro is expected to yield 85,000 ounces of gold and 3.75 million ounces of silver this year.