Yamana (NYSE:AUY) in New Discoveries at Mercedes, Pilar Mines

Two new discoveries at its Mercedes project in Mexico and its Pilar project in Brazil could result in higher production than originally estimated by Yamana (NYSE:AUY). Yamana said they found a significant amount of new resources at Mercedes silver and gold project, which is scheduled to begin production in 2012. At their Pilar project, the new discoveries are expected to extend the life of the

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