July 23 (Reuters) - Yamana Gold Inc YRI.TO :
* YAMANA GOLD REPORTS SECOND QUARTER 2020 FINANCIAL RESULTS; STRONG CASH FLOW GENERATION; A FURTHER REDUCTION OF $101 MILLION IN NET DEBT; JACOBINA PHASE 1 EXPANSION COMPLETE; INCREASING DIVIDEND BY A FURTHER 12% TO $0.07 PER SHARE
* Q2 ADJUSTED EARNINGS PER SHARE $0.07
* Q2 EARNINGS PER SHARE ESTIMATE $0.03 -- REFINITIV IBES DATA
* REITERATES ITS 2020 PRODUCTION GUIDANCE OF 890,000 GEO, COMPRISED OF 786,000 OUNCES OF GOLD AND 10,250,000 OUNCES OF SILVER
* QTRLY GOLD PRODUCTION OF 164,141 OUNCES
* QTRLY SILVER PRODUCTION OF 2,007,809 OUNCES
* QTRLY NET EARNINGS WERE NIL OR NIL PER SHARE
* QTRLY REVENUE $303.4 MILLION VERSUS $463.5 MILLION
* 2020 PRODUCTION IS CURRENTLY TRACKING ABOVE GUIDANCE
* Q4 IS EXPECTED TO HAVE BEST COST PROFILE, IN LINE WITH STRONGER EXPECTED PRODUCTION
* ALL-IN SUSTAINING COSTS FOR QUARTER WERE $1,125 PER GEO SOLD, COMPARED TO $986 PER GEO SOLD
* YAMANA GOLD - QTRLY AVERAGE REALIZED GOLD PRICE PER OUNCE $1,713
* YAMANA GOLD - QTRLY AVERAGE REALIZED SILVER PRICE PER OUNCE $16.83
* UPDATED AISC GUIDANCE FOR SECOND HALF OF YEAR, WITH AISC EXPECTED TO BE IN RANGE OF $1,020 TO $1,060 PER GEO
* Q4 IS EXPECTED TO HAVE BEST COST PROFILE, IN LINE WITH STRONGER EXPECTED PRODUCTION
* YAMANA GOLD - ANTICIPATES SUSPENSION, STANDBY COSTS WILL BE MINIMIZED PROSPECTIVELY FOR BALANCE OF YEAR AS MINES RETURN TO FULL PRODUCTION LEVELS