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Golden Star Announces $150 million Financing from Royal Gold, Inc to advance Wassa and Prestea Underground Mines

[PR Newswire] – TORONTO, May 7, 2015 /PRNewswire/ – Golden Star today announces the securing of a $150 million financing with Royal Gold, Inc. (“RGI”) and its wholly-owned subsidiary RGLD Gold AG (“RGLD”). The $150 million financing consists of a $130 million stream transaction with RGLD and a further $20 million term loan from RGI. All references to currency are to US dollars.

Thursday, May 7: Today in Gold and Silver

NEW YORK (TheStreet) — [NOTE: Sorry about no column on Wednesday, as I was rather ill on Tuesday.  Ed] In the overall, the gold price activity on Wednesday was pretty much the same as it was on Monday and Tuesday.  The price rallies that began twenty minutes before the COMEX open got hammered withing minutes, as “da boyz” spun their algorithms.  And, like Monday and Tuesday, the price got sold

Axel Springer first quarter core profit rises on classified ads

FRANKFURT (Reuters) – Axel Springer, publisher of Europe’s best-selling tabloid Bild, said classified ads lifted its first-quarter results and stuck to its forecast of moderate growth in sales and profits for this year. Sales grew 12.7 percent and core profit 1.2 percent, driven by ads for jobs and real estate on Web portals that Springer has acquired in a drive to digitize and internationalize its business, balancing out weaker circulation