May 7, 2008 / 8:49 PM / 10 years ago

Yamana Gold profit surges on higher sales

(In U.S. dollars)

    TORONTO, May 7 (Reuters) - Gold producer Yamana Gold (YRI.TO) said on Wednesday that its first-quarter profit nearly tripled on higher sales of gold, copper concentrate and silver.

    Yamana, which acquired Meridian Gold and Northern Orion Resources last year for $4.8 billion, said its adjusted earnings were $134.7 million, or 20 cents a share, up from $47.3 million, or 13 cents, in the year-before period. (Reporting by Lynne Olver; Editing by Peter Galloway)

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