DB Gold Double Long ETN (DGP) - NYSEARCA
  • Feb. 1, 2013, 5:58 PM

    Global gold production has reached record highs in recent years, but NBF analysts predict a "production cliff" - too few large deposits discovered to sustain current production rates - ahead in which senior gold miners will begin to undergo a sharp production decline. In such an environment, M&A involving projects with low capital intensity, favorable logistics and strong returns should be a key driver.

    | Feb. 1, 2013, 5:58 PM | 8 Comments
  • Jul. 11, 2011, 8:40 AM

    Stillwater Mining (SWC) agrees to buy Peregrine Metals (PTTDF.PK) for $487.1M in cash and stock. The transaction gives Stillwater access to the undeveloped Altar open mine in Argentina, which has 7.4B pounds of indicated copper resources and 1.5M ounces of indicated gold.

    | Jul. 11, 2011, 8:40 AM | 6 Comments
DGP Description
The DB Gold Double Long ETN provides 2x exposure to an index that tracks the performance of futures contracts relating to gold.
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