Yamana Gold (TSX: YRI; NYSE: AUY; LSE: AUY) started trading on the London Stock Exchange on Oct. 13.
The company will maintain a primary listing on the Toronto Stock Exchange as well as a listing on the New York Stock Exchange.
"We offer gold exposure via a high-quality, long-life asset portfolio in the Americas, organic production growth, a commitment to providing and increasing cash returns to shareholders, and a commitment to adhering to high ESG [environmental, social, and governance] standards," Peter Marrone, Yamana's founder and executive chairman, said in a statement.
The Toronto-based company recently increased its full-year production guidance to 915,000 oz. gold-equivalent from its previous target of 890,000 ounces.
"While this represents a modest 3% improvement, it's directionally positive and shows confidence in the fourth quarter," BMO analyst Jackie Przybylowski said in a note to investors.
Exceptional operational performances in the June quarter from the company's Jacobina mine in Brazil, El Pe????n and Minera Florida, in Chile, as well as Canadian Malartic, prompted the company to rethink plans.
Yamana churned out of 201,772 oz. gold and 3.04 million oz. silver production in the three months to Sept. 30. Total gold-equivalent production was 240,466 ounces.
The miner is also hiking its dividend by a further 50% to 10.5 ? per share for the fourth quarter. At the new rate, the company said, the dividend would be 425% higher than it was just 18 months ago.
- This article first appeared in MINING.com, part of Glacier Resource Innovation Group.