Articles Tagged "Yamana gold"

Yamana Gold to Spin Out Non-core Brazil Assets

Gold – Yamana Gold (TSX:YRI,NYSE:AUY) said Wednesday that it will form a new subsidiary, Brio Gold Inc., that will hold its non-core Brazilian assets including Fazenda Brasileiro, Pilar and C1 Santa Luz as well as some related exploration concessions. The new subsidiary will be led by Gil Clausen beginning in 2015.

The Osisko-Virginia Mines Deal: Taking a Closer Look

Gold – While Osisko CEO Sean Roosen has called the agreement a "natural evolution," investors and market watchers are no doubt still impressed by the company's progress and are likely wondering how Osisko was able to make such a big move so quickly. Gold Investing News spoke with Roosen to get a little more insight into the deal.

More Mergers Needed to Improve Gold Space, Fidelity Investments

Gold – Bloomberg reported that Joe Wickwire, who manages more than $1.8 billion of assets including the Fidelity Select Gold Portfolio, stated that more mergers in the gold space would help improve the industry overall. He said that combining companies could "help eliminate their respective unprofitable operations," while stronger producers could pick up high-quality assets held by weaker companies.