PROFIT & LOSS

Yamana allowed to restart Cerro Morro

Canadian mid-tier Yamana Gold shares climbed up to 9% on Monday after it reported solid March-quarter production results and news the Argentine government had allowed it to restart the slowed Cerro Morro operation.

Yamana Gold's Jacobina operation in Brazil underpinned improved production in the March-quarter

Yamana Gold's Jacobina operation in Brazil underpinned improved production in the March-quarter

The government had declared mining an essential service, allowing Cerro Moro to resume full operations after scaling down from March 16, the company said. "The company is encouraged by the declaration...

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