0001171843-20-006468.txt : 20200915 0001171843-20-006468.hdr.sgml : 20200915 20200915102900 ACCESSION NUMBER: 0001171843-20-006468 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20200915 FILED AS OF DATE: 20200915 DATE AS OF CHANGE: 20200915 FILER: COMPANY DATA: COMPANY CONFORMED NAME: YAMANA GOLD INC. CENTRAL INDEX KEY: 0001264089 STANDARD INDUSTRIAL CLASSIFICATION: GOLD & SILVER ORES [1040] IRS NUMBER: 000000000 STATE OF INCORPORATION: A6 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-31880 FILM NUMBER: 201175144 BUSINESS ADDRESS: STREET 1: ROYAL BANK PLAZA, NORTH TOWER STREET 2: 200 BAY STREET, SUITE 2200 CITY: TORONTO STATE: A6 ZIP: M5J2J3 BUSINESS PHONE: 4168150220 MAIL ADDRESS: STREET 1: ROYAL BANK PLAZA, NORTH TOWER STREET 2: 200 BAY STREET, SUITE 2200 CITY: TORONTO STATE: A6 ZIP: M5J2J3 FORMER COMPANY: FORMER CONFORMED NAME: YAMANA GOLD INC DATE OF NAME CHANGE: 20030917 6-K 1 f6k_091520.htm FORM 6-K
 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

Form 6-K

REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of September 2020

Commission File Number: 001-31880

Yamana Gold Inc.
(Translation of registrant's name into English)

ROYAL BANK PLAZA, NORTH TOWER 200 BAY STREET, SUITE 2200 TORONTO, ONTARIO, CANADA M5J2J3
(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F [   ]      Form 40-F [ X ]

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

      Yamana Gold Inc.     
  (Registrant)
   
  
Date: September 15, 2020     /s/ Sofia Tsakos    
  Sofia Tsakos
  Senior Vice President, General Counsel and Corporate Secretary
  

EXHIBIT INDEX 

Exhibit Number Description
   
99.1 Press Release dated September 15, 2020

EX-99.1 2 exh_991.htm PRESS RELEASE EdgarFiling

EXHIBIT 99.1

Yamana Gold Included in TSX30 List of Top 30 Performers on the Toronto Stock Exchange

TORONTO, Sept. 15, 2020 (GLOBE NEWSWIRE) -- YAMANA GOLD INC. (TSX:YRI; NYSE:AUY) (“Yamana” or “the Company”) is pleased to announced that it has been included in this year’s TSX30 ranking of top performing stocks on the Toronto Stock Exchange (“TSX”).

The TSX30 program is a sector-agnostic ranking of the top 30 performing companies on the TSX over a three-year period, based on dividend-adjusted share price appreciation.

“We are very proud to be part of the TSX30, which validates both our strategic vision and the hard work of every Yamana employee,” said Daniel Racine, President and Chief Executive Officer of Yamana. “We believe this is just the start. As Yamana advances projects to increase production at its existing operations and grow its reserves and resources, we will continue to increase shareholder returns and be an investment of choice for TSX investors. I could not be more excited for the future.”

Underpinned by its talented and dedicated workforce, Yamana has taken a number of important steps in the last three years to drive performance and set the stage for long-term growth and higher returns. These include:  

  • Delivering on our initiatives related to health, safety, environment, and community relations programs. The Company's Total Recordable Injury Frequency Rate was 0.57(i) in 2019, a 24% decrease over the past three years.
     
  • Reducing net debt by US$991 million in the past four quarters, significantly increasing financial flexibility.
     
  • Upgrading and rightsizing of the Company’s asset portfolio to five high-quality, long-life producing mines along with a deep pipeline of exploration and development projects — all located in mining-friendly jurisdictions in the Americas.
     
  • Advancing key projects in the Company’s existing portfolio, including the phased expansion of Jacobina and the Canadian Malartic underground project, setting the stage for consistent long-term growth.
     
  • Transitioning to a positive, and rising, free cash flow profile.
     
  • Increasing shareholder returns, including four dividend raises in the past year alone for a cumulative increase of 250%.
     
  • Executing on portfolio optimization initiatives by monetizing non-producing assets, further enhancing financial flexibility.             

             
      (i)              Calculated on 200,000 hours worked and includes employees and contractors.
                         

About Yamana
Yamana Gold Inc. is a Canadian-based precious metals producer with significant gold and silver production, development stage properties, exploration properties, and land positions throughout the Americas, including Canada, Brazil, Chile and Argentina. Yamana plans to continue to build on this base through expansion and optimization initiatives at existing operating mines, development of new mines, the advancement of its exploration properties and, at times, by targeting other consolidation opportunities with a primary focus in the Americas.

FOR FURTHER INFORMATION, PLEASE CONTACT:
Investor Relations
416-815-0220
1-888-809-0925
Email: investor@yamana.com