Yamana Gold (AUY) down on buying Osisko

Yamana Gold Inc. (NYSE: AUY) shares dipped 0.4% to $8.35, on word the company, Agnico Eagle Mines Limited and Osisko Mining Corporation entered into an agreement pursuant to which Yamana and Agnico Eagle will jointly acquire 100% of Osisko's issued and outstanding common shares for a total consideration of approximately C$3.9 billion or C$8.15 per share. Share volume was 139,000, compared to an all-day average of 1.3 million