Yukon-Nevada Plans $120 Mln Prepaid Gold Buy Deal with Deutsche Bank

Precious Metals

Reuters reported that Yukon-Nevada gold (TSE:YNG) has agreed to supply gold to Deutsche Bank over a period of 48 months.

Reuters reported that Yukon-Nevada gold (TSX:YNG) has agreed to supply gold to Deutsche Bank over a period of 48 months.

The market news is quoted as saying:

Under the deal, 173,880 ounces of gold will be delivered over 48 months. The quantity represents about 5.1 percent of the gold resources at Queenstake Resources USA Inc’s wholly-owned Jerritt Canyon property in Nevada, the gold producer said.

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deutsche bank nevada tsx:yng Gold Investing

Markets
TSX	21873.72	-138.00
TSXV	574.65	-1.14
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Markets

TSX

21873.72

-138.00

TSXV

574.65

-1.14

DOW

38460.92

-42.77

S&P 500

5071.63

+1.08

NASD

15712.75

+16.11

ASX

7683.50

+34.30

Commodities
Gold	2316.22	-7.47
Silver	27.16	-0.12
Copper	4.49	+0.03
Oil	82.84	-0.52
Heating Oil	2.56	-0.02
Natural Gas	1.64	-0.17

Commodities

Gold

2316.22

-7.47

Silver

27.16

-0.12

Copper

4.49

+0.03

Oil

82.84

-0.52

Heating Oil

2.56

-0.02

Natural Gas

1.64

-0.17

Yukon-Nevada Plans $120 Mln Prepaid Gold Buy Deal with Deutsche Bank

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