Yukon-Nevada inks $20m gold forward-sales deal with Deutsche Bank

Yukon-Nevada Gold Corp on Wednesday said it agreed to sell future gold production forward to Deutsche Bank to fund operations and expansion at its Jerritt Canyon mine in Nevada. Under the agreement, Toronto- and Frankfurt-listed Yukon-Nevada is required to deliver 650 oz of gold a month for 43 months, starting in March, for a total 27 950 oz.

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