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 70.51% by Gauss Holdings LLC, an entity controlled by Leucadia National Corporation (NYSE:LUK), and 29.49% 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.

Leucadia National Corp.
Leucadia National Corp.

is a NYSE-listed diversified holding company engaged in a variety of businesses, including investment banking and capital markets, beef processing, asset management, commercial mortgage banking and servicing, manufacturing, auto dealerships, telecommunications, oil & gas, energy projects and real estate. The company has a history of successful investments in the mining sector.

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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