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Yamana sells down Equinox stake

Yamana Gold (TSX: YRI) has announced plans to sell the majority of its stake in growing miner Equinox Gold for up to C$201 million (US$145 million).

Yamana sells down Equinox stake Yamana sells down Equinox stake Yamana sells down Equinox stake Yamana sells down Equinox stake Yamana sells down Equinox stake

Equinox Gold’s Los Filos mine in Mexico

It said it had entered an agreement with Stifel GMP and Cormark Securities to sell 12 million units at $10, comprising one of Yamana's Equniox shares and 0.