Yamana Gold reported production results for the year 2015. For the year, the company's output of 1.275Moz. Copper output surpassed guidance of 120 Mlb, after having mined 131 Mlb at its Chapada mine in Brazil. Silver production was below its 9.37 Moz to 9.83 Moz production guidance, with 2015 output of 9.01 Moz.

For 2016, the company expects to deliver gold production of 1.23 Moz to 1.31 Moz, silver production of 6.92 Moz to 7.17 Moz and copper output of 122 Mlb to 125 Mlb.

The company's capital spending for 2016 is expected to be approximately USD 120 million, while its exploration
budget for the year is seen at USD 82 million, focusing on near mine exploration and ounces that can most quickly be brought into production. Sustaining capital is expected to be USD 275 million.

Total capital spending is expected to be more heavily weighted in the second half of the year 2016.