Desde 2008, 20% de los beneficios de YMAD
son transferidos a las universidades nacionales, algunas de las cuales los han rechazado.
Manuel Cesar Benitez, president of YMAD
said: "Our primary objective is to create wealth, not only for our partners and us, but also for the communities where we develop our mining projects.
is managed by a board of five directors, of which two are designated by the provincial government, two by the University of Tucuman and one, who also serves as the president of YMAD
, by the federal government.
About 6 km to the west of Cerro Atajo lies the Durazno property which was awarded by YMAD
to ARC in early January.
All seven holes drilled by YMAD
encountered gold mineralization, with one hole cutting 122 m grading 6.
An international tender was put out for YMAD
, which owns and operates a gold-silver mine in Catamarca.