This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:Yamana earns $60.82-million (U.S.) in Q3 2009 2009-11-03 17:11 ET - News Release Ms. Letitia Wong reports YAMANA GOLD REPORTS THIRD QUARTER 2009 RESULTS Yamana Gold Inc. has released its financial and operating results for the third quarter ended Sept. 30, 2009. All dollar amounts are expressed in U.S. dollars unless otherwise specified.
Third-quarter highlights
Financial and operating highlights
Highlights for the three- and nine-month periods ended Sept. 30, 2009,
include: -
Total production from all mines of 314,707 gold equivalent ounces
(GEO) and 875,763 GEO, respectively;
- Average co-product cash costs from continuing operations, excluding
Alumbrera, of $349 per GEO and $350 per GEO, respectively. Byproduct
cash costs from continuing operations, excluding Alumbrera, of $79 per
GEO and $195 per GEO, respectively;
- Revenues of $332.2-million and $783.5-million, respectively;
- Mine operating earnings of $136.4-million and $283.2-million,
respectively;
- Net earnings of $60.8-million, or eight cents per share (net earnings and
adjusted earnings were impacted by a deferred tax provision
impacting only the third quarter of three cents per share that does not impact
operating profit or future periods), and $156.5-million, or 21 cents per
share, respectively;
- Adjusted earnings of $88.3-million, or 12 cents per share, and $248.4-million, or 34 cents per share, respectively.
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