Yamana Gold Announced 50% Increase to Dividend
Yamana Gold Inc. (TSE:YRI,NYSE:AUY,LON:YAU) announced it will increase its quarterly dividend starting third quarter 2011.
Yamana Gold Inc. (TSE:YRI,NYSE:AUY,LON:YAU) announced it will increase its quarterly dividend starting third quarter 2011.
In an exclusive interview with Gold Investing News, TD Precious Metals Fund managers Ari Levy and Chad Gilfillan explained some characteristics of the portfolio and how it is differentiated within the precious metals fund universe.
Relative to the total return of funds within its category, Oppenheimer Gold is top quartile in the US, from the Lipper ranking over 1, 3, and 5 years; and finished in the ultra elite second percentile among Morningstar Specialty-Precious Metal fund over a one year period.
When it comes to gold exploration, the saying goes “gold is where you find it.” Gold is found in a variety of geological settings, and is contained within sedimentary, igneous, and metamorphic rocks.
Global gold mine production has increased by 3 percent over the third quarter of this year. This top 10 list of gold mining companies showcases the global rise in gold.
Recent headline news features a bidding war between several producers for a lucrative gold venture in Argentina; however, this may only represent the tip of the iceberg for potential gains to investors in one of the richest metalliferous mineral areas in South America.
Despite only being responsible for total production of 2.1 percent of global mining of the yellow metal in 2009, the measured and indicated gold reserves in Brazil may offer investors an attractive value proposition with the USGS estimating 2,000 tonnes, or approximately 4.3 percent of the world’s reserve.
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