Yamana Gold to list on LSE, aims to hike dividends

MINING.COM | Yamana Gold’s (TSX: YRI) (NYSE: AUY) executive chairman said on Monday the miner could raise its dividend by a third as the company gears up for a London listing.

The Toronto-based miner announced on Monday it was in advanced stages of a London Stock Exchange (LSE) listing expected at the end of the third quarter.

“Presently we are paying between $60-65 per ounce on dividends, as a policy we want to pay $50-$100 and that should imply that we have room for upside,” Peter Marrone told Reuters.

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