04:28 PM EST - Yukon-Nevada Gold Corp. : has announced a deal with a Chinese state-owned enterprise to establish a joint venture company that will explore for minerals in the Yukon. The new company, to be named Yukon-Shaanxi Gold Co., will be owned 50-50 by Yukon-Nevada and by Northwest Non-Ferrous International Investment Co., a unit of the Northwest Geological Exploration and Mining Bureau for Nonferrous Metals, a division of SNG Group, owned by the province of Shaanxi. Yukon-Nevada Gold Corp.
shares T.YNG are trading down 4 cents at $1.50.
