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Precious metals prices, production boost Yamana profit

Yamana hikes annual dividend 50%, taking cumulative increases up 425% in 18 months

Henry Lazenby
Agnico Eagle Mines and Yamana Gold’s 50:50 Canadian Malartic mine has been singled out for a stellar performance in the September quarter

Agnico Eagle Mines and Yamana Gold’s 50:50 Canadian Malartic mine has been singled out for a stellar performance in the September quarter

The 10c/share headline profit was 2c/share ahead of consensus analyst estimates. Yamana said third-quarter revenue of $439.4 million, up 22.8% yoy, was buoyed by 29% higher average gold prices ($1,910/oz)...

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