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Yamana

Company Description

 Yamana Gold Inc. (Yamana) is a Canadian-based precious metals producer with a high quality, diversified portfolio, including significant gold and silver production; long-life production assets – including development stage properties and exploration properties – located throughout mining-friendly jurisdictions across the Americas, in Canada, Brazil, Chile and Argentina. The company is committed to operating responsibly and transparently to strengthen sustainable returns and align business and societal outcomes by creating transformational impacts for all stakeholders.

 TSM Performance Assessment

 2022 was Yamana’s third year implementing Towards Sustainable Mining (TSM) and the first external verification process for the Company, meaning that all 33 TSM indicators across the eight protocols were subject to external verification. We are pleased to report that over 80% of the protocol indicators have been externally verified as Level A or higher. Our verified performance was in line with the self-assessed results.

 Verification was performed virtually at three of our four operations; verification at El Peñón in Chile was performed in person. The verification process led to a number of lessons learned, particularly related to interpretation of certain protocols, and what constitutes sufficient evidence for a given indicator; these lessons learned will improve our future self-assessments.

 Each of our operations excelled in multiple areas, however our performance against the Health and Safety protocol was among our top results at all operations, something we are proud of as we work toward our One Team, One Goal: Zero vision. We also performed well in the Water Stewardship and Indigenous and Community Relationships protocols. We achieved our 7th consecutive year without a discharge of process water to the environment and our performance in the Indigenous and Community Relationships indicators reflects the systems our operations have implemented to develop and maintain open and trust-based relationships with host communities.

 It is worth noting, that in early 2023 The acquisition of Yamana Gold by Pan American Silver was approved by shareholders of both companies. The deal is expected to close in Q1 2023. 

Self-Assessed Results

2022 TSM Results

Yamana

Crisis Management and Communications Planning Assessment
Facility Crisis management and communications preparednessReviewTraining
Yamana Gold
Cerro Moro
El Penon
Jacobina
Minera Florida
Results as of: Feb 10, 2023
Preventing Child and Forced Labour Assessment
Facility PREVENTING FORCED LABOURPREVENTING CHILD LABOUR
Cerro Moro
El Penon
Jacobina
Minera Florida
Results as of: Feb 10, 2023
Note: These requirements are assessed every three years during the external verification.
Safety and Health Assessment
Commitments and accountabilityPlanning and implementationTraining, behaviour and cultureMonitoring and reportingPerformance
Cerro Moro
El Penon
Jacobina
Minera Florida

AAA

AA

A

B

C

Results as of: Feb 10, 2023
Tailings Management Assessment
Tailings management policy and commitmentTailings management systemAssigned accountability and responsibilityAnnual tailings management reviewOperation, maintenance and surveillance (OMS) manual
Cerro Moro
El Penon
Jacobina
Minera Florida

AAA

AA

A

B

C

Results as of: Feb 10, 2023
Biodiversity Conservation Management Assessment
Commitment, accountability and communicationsConservation planning and implementationReporting
Cerro Moro
El Penon
Jacobina
Minera Florida

AAA

AA

A

B

C

Results as of: Feb 10, 2023
Energy and GHG Emissions Management Assessment
Energy use and greenhouse gas emissions managementEnergy use and greenhouse gas emissions reporting systemsEnergy and greenhouse gas emissions performance targets
Cerro Moro
El Penon
Jacobina
Minera Florida

AAA

AA

A

B

C

Results as of: Feb 10, 2023
Water Stewardship Assessment
Water governanceOperational water managementWatershed-scale planningWater reporting and performance
Cerro Moro
El Penon
Jacobina
Minera Florida

AAA

AA

A

B

C

Results as of: Feb 10, 2023
Indigenous and Community Relationships
Community of Interest IdentificationEffective Community of Interest Engagement and DialogueEffective Indigenous Engagement and DialogueCommunity Impact and Benefit ManagementCommunity of Interest Response Mechanism
Cerro Moro
El Penon
Jacobina
Minera Florida

AAA

AA

A

B

C

Results as of: Feb 10, 2023

Letters of Assurance

Yamana | 2022 | TSM Letter of Assurance



Verification Summary Reports

Yamana | Minera Florida | 2022 | Verification Summary Report

Yamana | Cerro Moro | 2022 | Verification Summary Report

Yamana | El Penon | 2022 | Verification Summary Report

Yamana | Jacobina | 2022 | Verification Summary Report

Yamana | Yamana Gold | 2022 | Verification Summary Report



Historical TSM Results

TSM Results 2022

TSM Results 2021

TSM Results 2019

- Before Revision (2021-12-17)

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