Yamana's Strong Performance Continued Into 3Q
On Aug. 8, Yamana announced that founder and current CEO Peter Marrone would step down as CEO into the newly created role of executive chairman. Marrone will continue to serve as the chairman of the board of directors. Current executive vice president and COO Daniel Racine will assume the role of president and CEO. Having worked in the gold mining industry since 1998, including 24 years at Agnico-Eagle mines, Racine is well prepared for the new leadership role.As CEO, Racine will report directl...
Yamana Gold is engaged in the exploration, development, extraction, processing and reclamation of gold and other precious metals mining throughout the Americas including Brazil, Argentina, Chile, Mexico and Colombia. As of Dec 31 2011, total proven reserves for gold, silver, cooper, zinc and molybdenum was 618,709,000 tonnes, 27,316,000 tonnes, 387,660,000 tonnes, 5,004,000 tonnes and 32,000,000 tonnes, respectively.
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Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
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