Yamana Gold, Inc. (AUY)

Yamana Gold, Inc. engages in the acquisition, exploration, development, and operation of gold properties. The company also focuses on copper and silver projects. It holds gold production, gold development stage, and exploration stage properties, as well as land positions in Brazil, Argentina, Chile, Mexico, Central America, and the United States. The company has seven operating mines and five development projects. Its principal properties include Chapada property, a copper/gold prospect locatd in the state of Goias, Brazil; and El Peñón property located in the Atacama Desert in Region II of northern Chile. The company was formerly known as Yamana Resources, Inc. Yamana Gold Inc. was founded in 1980 and is headquartered in Toronto, Canada.

For the comparable nine months ended 30 September 2006, Yamana gold Inc.'s revenues totaled $109.3M, up from $29.4M. Net loss totaled $76.3M, up from $4M. Revenues reflect higher demand for the Company's goods and services. Higher loss reflects increased cost of sales, higher depreciation, amortization & depletion charges, increased accretion of asset retirement obligation and higher general & administrative cost.