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Majors putting away cash, raising dividends

Record gold prices have sparked a dividend war among senior gold producers as they seek to appeal to generalist investors by changing their narrative away from mining aspects towards financial metrics such as free cash flow, net debt and dividends.

Majors putting away cash, raising dividends Majors putting away cash, raising dividends Majors putting away cash, raising dividends Majors putting away cash, raising dividends Majors putting away cash, raising dividends

Senior gold producers 3Q20 cash, debt and WC

Aggregate gold production of the top-10 seniors fell 0.8% to 6.17 million ounces during the September quarter from 6.22Moz in the prior year period.

Kirkland Lake Gold reported a 36.