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Yamana Gold pledges to fix executive pay plan after investors vote 'no'

TORONTO, April 29- Yamana Gold Inc will change its executive pay plan to better reflect performance, the mid-tier miner told shareholders on Wednesday after they voted against the plan, a day after industry leader Barrick Gold Corp made the same promise to its unhappy investors. More than 50 percent of Yamana shareholders who voted rejected the plan, according...
Source: Reuters | By: Susan Taylor
Yamana Gold reports 1Q loss

Toronto _ Yamana Gold Inc. on Tuesday reported a loss of $145.8 million in its first quarter. On a per-share basis, the Toronto- based company said it had a loss of 16 cents. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 1 cent per share.
Source: The Associated Press
Stocks close lower despite Apple up 1.5% as biotechs lag

U.S. stocks closed lower as investors weighed earnings and looked ahead to the beginning of the two-day Federal Reserve meeting on Tuesday.
Source: CNBC.com | By: Evelyn Cheng
UPDATE 1-Yamana Gold plans to list shares of Brio unit in third quarter

April 8- Yamana Gold Inc plans to make its Brio Gold unit a publicly listed company in the third quarter to realize the unit's "considerable value," the Canadian gold producer said on Wednesday. Yamana has engaged National Bank Financial Inc and CIBC World Markets Inc as financial advisers to assist in the listing, it said in a statement. It noted efforts at Brio's C1...
Source: Reuters