Our JV Partner

Our Partnership

In September 2014, Golden Queen Mining Co. Ltd. entered into a joint venture with Gauss LLC, a joint venture owned 75.46% by Gauss Holdings LLC, an entity controlled by Jeffries Financial Group Inc. (NYSE:JEF), and 24.54% by Auvergne LLC, an entity controlled by certain members of the Clay family, whereby Gauss LLC invested US$110 million in cash in exchange for a 50% joint venture interest in the Soledad Mountain Project.


Jefferies Financial Group Inc.
Jefferies Financial Group Inc.

Jefferies Financial Group is a diversified financial services company engaged in investment banking and capital markets, merchant banking and the early stages of building an alternative asset management platform. Jefferies Group LLC, the global investment banking firm, is our largest subsidiary. Our other financial services businesses are Berkadia (commercial mortgage banking, investment sales and servicing), Leucadia Asset Management (asset management), HomeFed (a publicly traded real estate company), FXCM (provider of online foreign exchange trading services), and Foursight Capital (vehicle finance).

Auvergne LLC
Auvergne LLC

is a wholly-owned entity of the Clay family, who have been long-term, supportive shareholders of Golden Queen. Since the late 1980's, the Clay family and associated entities have provided significant equity and debt capital to Golden Queen to help fund the exploration and development of the Soledad Mountain Project. Thomas Clay, Manager of Auvergne, has served on the Golden Queen board since 2009 and was appointed Chairman in 2013.

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