Gold Loses Its Sheen as the US Dollar Strengthens
[Market Realist] – Dollar-denominated assets, including gold, are influenced by the dollar’s strength. A strong US dollar is negative for gold and vice versa.
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Carlyle's second-quarter earnings drop as energy funds suffer
Carlyle’s private equity portfolio appreciated 5 percent in the second quarter, roughly in line with last year. As a result, Carlyle said economic net income (ENI), an earnings metric that factors in the mark-to-market value of its portfolio, dropped to $180 million in the second quarter from $289 million a year earlier. Like its major peers, Carlyle has diversified beyond corporate buyouts into alternative credit, real estate and funds of
Gold ETFs Have Some Famous Hedge Fund Supporters
Central GoldTrust Issues Letter to Unitholders
[Marketwired] – Central GoldTrust –
Pershing Gold Reports Analyst Coverage Initiated by Rodman & Renshaw
[CNW Group] – Pershing Gold Reports Analyst Coverage Initiated by Rodman & Renshaw
Pershing Gold Reports Analyst Coverage Initiated by Rodman & Renshaw
[PR Newswire] – LAKEWOOD, Colo., July 29, 2015 /PRNewswire/ — Pershing Gold Corporation (NASDAQ: PGLC, FWB: 7PG1) (“Pershing Gold” or the “Company”) announces that H.C. Wainwright and Co. LLC, which …
Comstock Mining Reaches Positive Agreement to Favorably Amend Joint Venture
[Marketwired] – Comstock Mining Inc. today announced that it has reached a definitive agreement with John V. Winfield to amend the terms of the operating agreement for its Northern Comstock LLC joint venture, that will …
Golden Star successfully closes Royal Gold Financing
[PR Newswire] – Golden Star will immediately retire the full outstanding $38 million on its Ecobank loan I, once funds have been received from RGI and RGLD. The initial upfront payment was reduced from $55 million to $40 million as the Company’s drew down $15 million on its existing $25 million Ecobank loan II in advance of the conclusion of the financing. The full amount of the stream transaction remains
Golden Star successfully closes Royal Gold Financing
[CNW Group] – Golden Star successfully closes Royal Gold Financing