Yamana gold reports prelim q2 gold production of 164,141 ounces

Yamana gold announces preliminary second quarter 2020 results; further balance sheet improvements; ramp-up at canadian malartic completed faster than anticipated with record tonnes milled in may.yamana gold- prelim q2 gold production of 164,141 ounces and silver production of 2.01 million ounces.yamana gold- prelim q2 total gold equivalent ounce production was 183,582 geo.yamana gold- expects to generate increasing production, improving costs, significant cash flows in second half of year.yamana gold- reiterates its 2020 production guidance.yamana gold- net debt at the end of the quarter was below $769 million.yamana gold- anticipates suspension, standby costs will be minimized prospectively for balance of year.yamana gold- has sufficient cash on hand, available credit, liquidity to fully manage business.yamana gold- has no pending scheduled debt repayment or significant capital commitments.yamana gold- expects to repay remaining $100 million of drawn funds before end of 2020.
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