TORONTO — Canadian treasured metals miner Yamana Gold Inc. says it’s within the superior levels of itemizing its shares on the London Inventory Change.
It’s at the moment listed on the New York Inventory Change and the Toronto Inventory Change.
It says an inventory in London will improve its publicity to potential European traders who’ve few different massive gold producers to select from.
It says it doesn’t intend to lift fairness capital along side the brand new itemizing.
Yamana has pursuits in 5 mines together with Canadian Malartic (50 per cent curiosity), the Jacobina Mine in Brazil, the El Penon and Minera Florida mines in Chile, and the Cerro Moro Mine in Argentina.
It produced about a million gold equal ounces in 2019, recording US$1.6 billion in income and internet earnings of US$226 million at a mean gold value of US$1,392 per ounce.
“This is a perfect time to be to be becoming a member of the London market,” mentioned government chairman Peter Marrone.
“Yamana is in as sturdy a place because it has ever been, with a powerful and rising money stream profile, an excellent portfolio of manufacturing mines and initiatives, and a variety of compelling alternatives to develop organically.”
This report by The Canadian Press was first revealed July 20, 2020.
Firms on this story: (TSX:YRI)
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