Yamana Gold Announces Board of Directors Appointment

TORONTO, ONTARIO--(Marketwired - Aug. 28, 2017) - YAMANA GOLD INC. (TSX:YRI)(NYSE:AUY) ("Yamana" or the "Company") is pleased to announce Robert Gallagher has been appointed to its Board of Directors ("the Board").

Mr. Gallagher has more than 35 years of experience in the mining industry and is a Professional Engineer with a specialty in mineral processing. Most recently, he held the position of President and Chief Executive Officer at New Gold Inc. ("New Gold"), a multinational mining company with gold, silver and copper containing assets in the Americas and Australia. During Mr. Gallagher's tenure, New Gold expanded its portfolio through organic growth and the addition of both producing assets and development projects. Prior to New Gold, Mr. Gallagher held increasingly senior management roles at Newmont Mining Corporation over a seven year period, including Vice President Operations, Asia Pacific; Vice President, Indonesian Operations; and General Manager, Batu Hijau. Earlier in his career, Mr. Gallagher worked at a number of operating mines located throughout the Americas and Asia in various plant engineer, metallurgical, and mine management roles, including most notably 15 years at Placer Dome Inc.

Mr. Gallagher is a highly regarded mining operator and project development executive with a focus on precious metals operations. He has been recognized by industry associations for his contributions throughout his career, most notably in 2013 he accepted the Prospector & Developer Association of Canada's Viola R. MacMillan Award for Company or Mine Development on behalf of New Gold and in 2014 he was jointly recognized by the Association for Mineral Exploration British Columbia with the E.A. Scholz Award for excellence in mine development. His addition to the Board is consistent with the Company's previously announced commitment to enhance the Board's operational depth.

With the pending retirement to an emeritus role of two directors, the Board will be comprised of 11 persons with diverse backgrounds ranging from geology and exploration to project development to operations to finance.

Peter Marrone, Chairman and Chief Executive Officer, commented as follows: "We are extremely pleased with the addition of Bob to Yamana's Board. He brings significant mine operating and mine building expertise that is complemented by his wide ranging international experience. Our objective has been to improve the diversity of perspectives on our Board, and the addition of Bob further enhances our efforts to date and we look forward to his contributions going forward."