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Yamana Sells Chapada Mine to Lundin Gold and Raises Dividends

Annie Gilroy
Yamana Sells Chapada Mine to Lundin Gold and Raises Dividends

Will Yamana’s Chapada Mine Sale Improve Shareholder Returns?Yamana Gold sells Chapada mine Today, Yamana Gold (AUY) announced that it has agreed to sell its fully owned Chapada mine to Lundin Gold (LUNMF) for $1 billion. Chapada is primarily a