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YAMANA GOLD startet mittelfristige Rallyebewegung

Yamana Gold - Kürzel: YRI - ISIN: CA98462Y1007

Börse: Toronto in CAD / Kursstand: 18,37 CAD

Rückblick: Die YAMANA GOLD Aktie befindet sich seit dem AllTimeLow bei 1,25 CAD im Juli 2003 in einer Aufwärtsbewegung. Bei 17,86 CAD markierte sie im Februar 2007 ein Mehrjahreshoch und startete eine Abwärtskorrektur bis 9,05 CAD im August.

Seit dem steigt die Aktie wieder an und bricht aktuell über das Hoch aus 2007 bei 17,86 CAD nach oben hin aus. Damit wird nun ein größeres Kaufsignal aktiv. Im langfristigen Chart ist das Aufwärtspotenzial gut zu erkennen, die Aktie notiert noch weit von ihren Höchstständen entfernt.

Die aktuell stark steigenden Rohstoffpreise tun ihr Übriges und verleihen der Aktie zusätzliche Kursfantasie. Das Chartbild ist auf sämtlichen Zeitebenen bullisch zu werten.

Charttechnischer Ausblick: Die YAMANA GOLD Aktie hat beste Chancen auf eine weitere, mittelfristige Rallyebewegung. Sofern der laufende Ausbruch über 17,86 CAD nicht unmittelbar wieder deutlich abverkauft wird, ist eine direkte Aufwärtsbewegung bis ca. 34,00 CAD auf mittelfristige Sicht möglich. Darüber hinaus läge das langfristige Kursziel am AllTimeHigh bei 80,30 $.

Kurzfristige Rücksetzer sollten jetzt möglichst im Bereich bei 17,00 - 17,86 CAD enden, unter 16,00 CAD droht eine größere Zwischenkorrektur bis 14,43 und ggf. 12,50 CAD. Sehr kritisch wäre im übergeordneten Sinne aber erst ein nachhaltiger Rückfall unter 9,05 CAD zu werten, eine Stop Loss Welle könnte dann losgetreten werden und die Aktie auf mittelfristige Sicht bis 4,20 - 4,50 CAD abrutschen.

 

Kursverlauf vom 06.06.1997 bis 04.03.2008 (log. Balkenchartdarstellung / 1 Balken = 1 Woche)

 

Einfach eine geile Performance, jetzt stellt sich mir nur die Frage wie lange der Trend aufrecht erhalten werden kann. Bisher konnten alle Gewinnmitnahmen und Rückschläge verkraftet werden, die Analyse sagt ja schöne Kurszielevoraus, wobei man auch die andere Seite klar offen legt und Kurse von 4,2CAD für möglich hält wenn viele Faktoren aufeinander treffen.

 

Head Office:
YAMANA GOLD INC
Suite 1902, 150 York Street
Toronto ON Canada M5H 3S5
Phone:416 815-0220
Fax:416 815-0021
Email:investor@yamana.com
Website: www.yamana.com
Other Locations: São Francisco gold mine in western Matto Grosso State, Brazil; Jacobina gold mine complex in the State of Bahia, Brazil; Chapada copper-gold mine in northern Goiás State, Brazil; Fazenda Brasileiro gold mine in the eastern part of the State of Bahia, Brazil; Fazenda Nova gold mine in Goiás State, Brazil; El Peñon gold-silver mine in the Atacama Desert of northern Chile; San Andres gold mine and exploration properties in western Honduras; 12.5% interest in Bajo de la Alumbrera open pit gold-copper mine in Argentina; Gualcamayo gold mine under development in northern San Juan Province, Argentina; São Vincente gold mine development project in western Matto Grosso State, Brazil; C-1 Santa Luz gold mine development project in the eastern part of the State of Bahia, Brazil; Ernesto and Pau-a-Pique gold exploration projects in Matto Grosso State, Brazil; Minera Florida gold exploration project 73 kilometers southwest of Santiago, Chile; 56.7% interest in Jeronimo gold deposit in northern Chile; Mercedes gold exploration project in Sonora State, Mexico; Esquel gold deposit in Chubut Province, Argentina; Agua Rica copper-gold-molybdenum-silver deposit in the Province of Catamarca, Argentina; joint venture interest in Rossi gold property in the Carlin Trend of Nevada; 50% interest in Mantua copper-gold exploration project in Cuba.
Fiscal Year End: Dec 31
Auditor: Deloitte & Touche LLP
Employee Count (2006/2005): 2,800 / 1,265
NAICS Codes: 212221, Gold Ore Mining; 212234, Copper Ore and Nickel Ore Mining Officers:
Peter Marrone, Chairman & CEO; Antenor Silva, President & COO; Charles B. Main, Senior Vice President, Finance & CFO; Ludovico Costa, Senior Vice President, Operations; Darcy E. Marud, Senior Vice President, Exploration; Greg McKnight, Senior Vice President, Business Development; Edgar A. Smith, Vice President, Operations; Evandro Cintra, Vice President, Technical Services; Darrin Rohr, Vice President, Human Resources; Jacqueline Jones, Vice President, Legal & General Counsel; Jodi Peake, Vice President, Public & Investor Relations;
Board Members:
Peter Marrone, John Begeman, Victor H. Bradley, Richard D. Graff, Robert A. Horn, C. Nigel Lees, Patrick J. Mars, Carl L. Renzoni, Antenor Silva, Dino Titaro,

 

Die Indikatoren sprechen eine eindeutige Sprache, charttechnisch ganz klar bullish!!

Today's Trading

Gap None Candle Bullish

Volume Indicators

Volume Averages 20 Day Avg Vol 6,422,113 Today / 20 Day Avg Vol Above 150 Day Avg Vol 8,729,244 Today / 150 Day Avg Vol Below

WILLIAM VOLUME ACCUMULATION: VOLUME PRICE TREND:

Momentum Indicators

Trend 10 Day Trend 40 Day Trend 100 Day Trend

STOCHASTICS: Overbought RSI: Overbought MACD:

 

Yamana Gold Inc.
is a Canadian gold producer with significant gold and copper-gold production from seven operating mines in Brazil, Chile and the U.S., as well as gold development stage properties, exploration properties, and land positions throughout North and South America.

Yamana is targeting sustainable gold production of 2.2M oz of gold in 2012.

 

Dieser Beitrag bezieht sich auf Themenbeitrag Nr. 125346 von ZockerGerhard - 06.03.08 09:31:58 Uhr

Hi,

hatte mich auch schon mal mit dem Wert kurz befasst und hier ist die Entwicklung natürlich schon sehr weit fortgeschritten und es ist ein gefestigtes Unternehmen. Das ist wirklich ein längerfristiges Investment bei dem man wahrscheinlich fette Gewinne absahnen wird, wenn man der Analyse Glauben schenken mag. Aber das ist auch meine Meinung,hier wird noch einiges möglich sein wenn man sich mal folgendes auf der Zunge zergehen lässt: 2.2M oz of gold in 2012! Das ist echt der Wahnsinn!

 

Yamana is a Canadian gold producer with significant gold production, gold development properties, exploration properties, and land positions throughout North and South America. Yamana is producing gold at intermediate company production levels in addition to significant copper production. Company management plans to continue to build on this base through growth in resources, production, cash flow and earnings.

2006 Achievements

• Cash balance of $69.7 million as at December 31, 2006 and cash flow from operations of $38.5 million (before changes in non-cash working capital items) for the year.
• Total gold production of 314,000 ouncesfor 2006with 283,000 ounces as commercial production.
• Achieved average cash costs of $326 per ounce of commercial production from São Francisco, Jacobina, San Andrés, Fazenda Nova and Fazenda Brasileiro.
• Commenced commercial production at São Francisco and began production at Chapada which began commercial production on February 11, 2007.
• Completed an equity financing for the issue of 17.4 million common shares for gross proceeds of C$200.1 million.
• Repaid outstanding senior secured note facility together with accrued interest thereby eliminating outstanding debt, four years earlier than maturity.
• Entered into $200 million revolving line of credit with two major global lenders.
• Declared first dividend to shareholders, effective September 29, 2006, of $0.01 per share.
• Moved stock listing in the United States from the American Stock Exchange to the New York Stock Exchange, improving visibility and stimulating U.S. demand for stock.
• Finalized smelter off-take agreements for the sale of copper concentrate from the Chapada mine which achieved commercial production status in February 2007.
• Completed the acquisition of RNC Gold Inc. for $53 million, then divested La Libertad Mine and Cerro Querra, achieving a net cost of $28 million for the San Andrés operating mine in Honduras.
• Acquired Desert Sun Mining Corp.for $632 million which added the Jacobina operating mine in addition to 155 kilometres of exploration concessions along the strike length of the Bahia Gold Belt.
• Developed expansion plan for the Jacobina Mine which facilitates increasing production levels from under 100,000 ounces per year to over 200,000 ounces by 2009.
• Acquired Viceroy Exploration Ltd. for $549 million adding Gualcamayo as an advanced-stage feasibility project and expanding Yamana's operations into Argentina.
• Share appreciation of 99% from C$7.69 at close on December 30, 2005 to C$15.31 at close on December 29, 2006, maintaining Yamana's position as the leading share price performer among its peers on the TSX.

Near-Term Goals

Our Strategic Plan

• Focus on organic growthDevelopment of properties
• Exploration opportunities

Results driven management style

Develop strategic targets with concurrence of groups

Deliver results according to expectations of strategic plan

Entrepreneurial mining company approach in the context of a larger company

Targeted Americas focus

Geographical friendliness to industry and mining

Developed infrastructure with manageable and modest capital costs

Sustainability, community, environmental, health and safety priorities

 

Global Operations

Yamana Operations

Operations:

• Chapada
• São Francisco
• Jacobina
• Fazenda Brasileiro
• San Andrés
• Fazenda Nova
• El Peñón
• Minera Florida
• Rossi/Storm (40%)
• Alumbrera (12.5%)

Development:

• Gualcamayo
• São Vicente
• C1 Santa Luz

Yamana's Vision

To build on our base as a leading intermediate gold producer through the advancement of exploration properties and by targeting additional gold consolidation opportunities throughout North and South America.

Yamana's Objective

To achieve sustainable annual gold production of 2.2 million ounces in 2012.

 

 

Brazil - Chapada

Chapada is an open-pit copper and gold mine in Brazil with milling facilities that produce a copper/gold concentrate, and is Yamana's largest property. Mining is currently occurring at a rate of 16 million tonnes per year. Concentrate is shipped to third party smelters for processing into copper and gold metal.

Continuous operations began in mid November 2006, and commercial production was declared in February 2007.

Production from Chapada for 2008 is estimated to be 170,000 to 175,000 ounces of gold and 155 to 160 million pounds of copper. Production at Chapada is expected to increase to approximately 200,000 ounces of gold per year for 2012.

Overview

Location

In northern Goias State, Brazil, approximately 320 kilometres north of the state capital of Goiania and 270 kilometres northwest of the national capital of Brasilia. The project encompasses a series of mining and exploration licences totaling 8,369 hectares.

Type of operation

Open pit operation with 16 million tonne annual capacity. The ore is processed into a readily saleable copper-gold concentrate through a flotation processing plant.

Proven and probable reserves

(at December 31, 2006)
302,994,000 tonnes at 0.26 grams/tonne gold = 2,509,200 ounces gold
302,994,000 tonnes at 0.35% copper = 2,310,900,000 pounds of copper

Measured and Indicated Resources

(inclusive of reserves)
420,521,000 tonnes at 0.22 grams/tonne gold = 3,032,100 ounces gold
420,521,000 tonnes at 0.30% copper = 2,801,000,000 pounds of copper

Inferred Resources

250,693,000 tonnes at 0.15 grams/tonne gold = 1,223,500 ounces gold
250,693,000 tonnes at 0.25% copper = 1,392,300,000 pounds of copper

Expected Mine Life

19 years

Expected Annual Gold Production

170,000 to 175,000 ounces in 2008
175,000 to 180,000 ounces in 2009

Expected Annual Copper Production

155 to 160 million pounds in 2008
160 to 165 million ounces in 2009

Total expected gold production during life of mine

1.3 million ounces

Total expected copper production during life of mine

2 billion pounds

Other pertinent facts

High-grade starter pit with a head grade of 0.459% copper and 0.428 g/t gold, is expected to produce approximately 225,000 tonnes of concentrate averaging 28% copper and 20 g/t gold annually. This translates into more than 130 million pounds of copper and 134,000 ounces of gold annually over the first five years.

PROJECT HISTORY

When Yamana acquired Chapada in July 2003, the project had an outlined zone of continuous copper-gold mineralization approximately 3,500 metres long by 900 metres wide, with a depth of up to 220 metres. In February 2004, Yamana completed an updated technical report for Chapada and one of the significant changes in projections was an increase in the planned throughput from 12 million to 16 million tonnes per year. A final feasibility study was completed in June 2004 and a construction decision was announced at that time. The project was completed by October 2006 and commercial production was declared in February 2007.

OPERATING PLAN

The Chapada mine is now producing and selling concentrate on a consistent basis. The mine plan predicts average annual production of approximately 134 million pounds of payable copper and approximately 135,000 ounces of payable gold per year in concentrate for each of the first five years of operation. A mine life of 19 years is estimated for total production of about 2.0 billion pounds of recoverable copper and 1.4 million ounces of recoverable gold.

Gold production at Chapada is expected to be in the range of 170,000 to 175,000 ounces in 2008 and in the range of 175,000 to 180,000 ounces in 2009. Copper production at Chapada is expected to be 155 to 160 million pounds in 2008 and 160 to 165 million pounds in 2009. Production is expected to increase to approximately 200,000 ounces of gold per year for 2012.

VALUE ENHANCING INITIATIVES

Now that commercial production at Chapada has been achieved, the Company plans to increase gold and copper production at Chapada in part by optimizing the grinding circuit to further improve throughput and by studying the feasibility of processing 1.8 million tonnes of stockpile oxide grading 0.52 grams/tonne gold material which can be processed through conventional heap leaching. The Company is also assessing the feasibility of producing a pyrite concentrate to make sulfuric acid for sale to third parties.

 

Brazil-São Francisco

São Francisco is an open-pit, gravity heap leach gold mine. It involves three different streams of processing including crushing, gravity then heap leach; crushing then heap leach; and run-of-mine heap leach.

Commercial production was declared in August 2006.

There is significant upside from the coarse gold effect, conversion of resources to reserves potential and potential to add reserves at depth.

Overview

Location

São Francisco is located in the extreme western portion of Mato Grosso State in West Central Brazil, very close to the Brazilian border with Bolivia. It is approximately 560 kilometres west of the State capital of Cuiaba. São Francisco consists of four contiguous exploration permits totalling 35,446 hectares.

Type of Operation

Open pit, gravity concentration/heap leach project

Proven and Probable Reserves

(at December 31, 2006)
Main Ore:30,583,000 tonnes at 1.21 grams/tonne gold =1,192,700 ounces gold
ROM Ore: 28,711,000 tonnes at 0.24 grams/tonne gold = 223,300
Total: 59,294,000 tonnes at 0.74 grams/tonne gold = 1,416,000 ounces gold

Measured and Indicated Resources

(inclusive of Reserves)
Main Ore: 42,284,000 tonnes at 1.12 grams/tonne gold = 875,200 ounces gold
ROM Ore: 45,845,000 tonnes at 0.24 grams/tonne gold = 347,900 ounces gold
Total: 88,128,000 tonnes at 0.66 grams/tonne gold = 1,866,800 ounces gold

Inferred Resources

Main Ore: 33,686,000 tonnes at 0.81 grams/tonne gold = 875,200 ounces gold
ROM Ore: 76,995,000 tonnes at 0.23 grams/tonne gold = 561,100 ounces gold
Total: 110,682,000 tonnes at 0.40 grams/tonne gold = 1,436,300 ounces gold

Expected Mine Life

10+ years

Project History

Gold was first discovered at São Francisco in the 1700s and the district reportedly produced and shipped to Portugal some 60 to 70 tonnes of gold between 1720 and 1830. When Yamana acquired the project in July 2003 there was a significant amount of metallurgical work available for the project and an estimated gold resource base of approximately 1.8 million ounces. In November 2004, Yamana completed an updated feasibility study on São Francisco and made a construction decision. The mine was built by early 2006 and commercial production was declared in August 2006.

Operating Plan

Yamana declared commercial production at São Francisco effective August 1, 2006. Heap leaching of ore commenced in March 2006. A total of 80,117 ounces of gold were produced to the end of 2006 including pre-commercial production from the pilot plant. Grades and volumes are expected to increase as the operation ramps up.

Mining is currently taking place in saprolite material. The mining of higher grade material and the anticipated positive coarse gold effect is expected to materialize in mid to late 2007 when mining extends to higher concentrations of quartz veins in harder rock.

Production at São Francisco is estimated to be in the range of 130,000 to 140,000 ounces in 2008 and in the range of 145,000 to 155,000 ounces in 2009. Yamana expects that São Francisco will be mining at these rates or better for in excess of 10 years.

Value Enhancing Initiatives

The coarse gold effect at São Francisco continues to be evaluated and reconciliation date through the end of January 2007 suggests that there is at least a 30% positive grade reconciliation on average for ore processed through gravity and heap leaching. The reconciliation is much higher for the ore processed through the gravity circuit which suggest results will become even more attractive once mining reaches the higher grade, deeper areas of the pit.

There is a substantial inferred resource base of 1.5 million ounces at São Franciscoand Yamana will continue workingtowards upgrading resources to reserves, particularly along strike of the pit.

In addition, Yamana will be studying the potential of mining the deeper sections of the deposit by underground mining methods.