DALLAS, April 29, 2010 (GLOBE NEWSWIRE) -- MicroStockProfit.com announces an investment report featuring gold mining company Yamana Gold Inc. (NYSE:AUY). The report includes financial, comparative and investment analysis, and industry information you need to know to make an educated investment decision.
The full report is available at: www.microstockprofit.com/ads/AUY
Yamana Gold Inc. (AUY) is an explorer, developer and miner of gold, silver and copper. The Company engages in gold exploration, development and production in Brazil, Chile, Argentina, Mexico and Columbia.
Message Board Search for AUY: http://www.boardcentral.com/boards/AUY
In the report, the analyst notes:
"The Company notes that the lower end of its production guidance for 2010 is consistent with actual production achieved in 2009 and cash costs would be comparable. Cash costs in the first quarter of 2010 are expected to exceed cash costs in the first quarter of 2009, which were at all time lows as a result, in part, of significant depreciation in local currencies after the financial crisis of late 2008.
"Earlier this month AUY reaffirmed its 2010 guidance. The Company previously noted that production would sequentially increase, and cash costs would sequentially decrease, quarter-over-quarter throughout the year. In the first quarter of 2010, gold equivalent production is expected to be approximately 240,000 GEO and cash costs are expected to be below $200 per GEO on a by-product basis."
To read the entire report visit: www.microstockprofit.com/ads/AUY
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