Yamana gold reports strong fourth quarter and full year 2021 results with record cash flows driven by standout production

Toronto, feb. 17, 2022 (globe newswire) -- yamana gold inc. (tsx:yri; nyse:auy; lse:auy) (“yamana” or the "company”) is herein reporting its financial and operational results for the fourth quarter and full year 2021. record quarterly gold equivalent ounces ("geo")(2) production from yamana mines(4) of 281,388 geo(2) significantly exceeded the previously provided quarterly guidance of 270,000 geo(2) with exceptional gold production contributing to the strong performance. record annual geo(2) production from yamana mines(4) of 1,011,180 geo(2) also exceeded guidance of 1,000,000 geo(2). combined with low fourth quarter costs, including total cost of sales, cash costs(1) and all-in sustaining costs ("aisc")(1) of $1,091, $642 and $962 per geo(2) respectively, the standout operating results generated an all-time quarterly record of $238.2 million in cash flows from operating activities from yamana mines(4) and strong free cash flow before dividends and debt repayments(1) of $119.6 million.
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