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Acquirers need to pay fair value - Yamana's Marrone

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Manage episode 326367068 series 2930919
Content provided by Kitco, Kitco NEWS, and David Lin. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Kitco, Kitco NEWS, and David Lin or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.
Zero premium acquisitions are a thing of the past, according to Peter Marrone, executive chair of Yamana Gold (NYSE:AUY) who stressed acquirers need to pay fair value. Marrone spoke to Kitco correspondent Paul Harris at BMO's Global Metals & Mining Conference held in Florida last week. Yamana recognizes that it may potentially be a target following the acquisition of Kirkland Lake Mining by Agnico Eagle Mines, given it has a 1 million ounces a year production profile at an all-in sustaining cost of around US$900 per ounce, and a number of development projects.
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166 episoade

Artwork
iconDistribuie
 
Manage episode 326367068 series 2930919
Content provided by Kitco, Kitco NEWS, and David Lin. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Kitco, Kitco NEWS, and David Lin or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.
Zero premium acquisitions are a thing of the past, according to Peter Marrone, executive chair of Yamana Gold (NYSE:AUY) who stressed acquirers need to pay fair value. Marrone spoke to Kitco correspondent Paul Harris at BMO's Global Metals & Mining Conference held in Florida last week. Yamana recognizes that it may potentially be a target following the acquisition of Kirkland Lake Mining by Agnico Eagle Mines, given it has a 1 million ounces a year production profile at an all-in sustaining cost of around US$900 per ounce, and a number of development projects.
  continue reading

166 episoade

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