March 24 (Reuters) - Yamana Gold Inc YRI.TO :
* DECISION TO RAMP DOWN OPERATIONS AT CANADIAN MALARTIC MINE
* CO WITHDRAWING ITS 2020 GUIDANCE FOR PRODUCTION AND COSTS
* YAMANA GOLD - OPERATION WILL BE ON CARE AND MAINTENANCE AND MINIMAL WORK WILL BE TAKING PLACE UNTIL DATE SPECIFIED IN ORDER
* YAMANA GOLD - RETURN TO FULL CAPACITY AT CANADIAN MALARTIC EXPECTED TO OCCUR IN EXPEDITED MANNER AS SOON AS TEMPORARY RESTRICTION LIFTED
* CO DREW DOWN $200 MILLION OF ITS $750 MILLION REVOLVING CREDIT FACILITY IN MARCH 2020
* YAMANA GOLD - OTHER MINES, REPRESENTING ABOUT 67% OF CO'S 2020 PRODUCTION OUTLOOK , CONTINUE OPERATING IN LINE WITH PRODUCTION TARGETS FOR YEAR
* CO EXPECTS TO PRODUCE APPROXIMATELY 190,000 GOLD OUNCES & APPROXIMATELY 2.7 MILLION SILVER OUNCES IN THE FIRST QUARTER
* NO PLANS TO UTILIZE FUNDS DRAWN DOWN CURRENTLY, NO PENDING SCHEDULED DEBT REPAYMENT OR SIGNIFICANT CAPITAL COMMITMENTS