Centerra bids $310M for AuRico
VANCOUVER — Centerra Gold (TSX: CG; US-OTC: CAGDF) is set to expand its British Columbian footprint via an all-cash, $310-million bid for AuRico Metals (TSX: AMI; US-OTC: ARCTF) and its flagship…
AuRico Gold Inc
Carlisle CEO says Lynn Lake is a ‘project for our times’
VANCOUVER — The exploration game is afoot for Carlisle Goldfields (TSX: CGJ; US-OTC: CGJCF) across its expansive land package at the Lynn Lake gold camp in Manitoba. The company never lacked drill targets or historic data on the 350 sq….
PearTree helps industry give back via charity flow-through
VANCOUVER — It’s not too often that a capital financing structure can be described as a true win-win situation. PearTree Financial has come close, however, with its innovative flow-through donation program, which helps mining…
TSX retreats, April 13-17
Canada’s benchmark index fell on renewed concern over Greece’s debt and China’s new trading regulations. The S&P/TSX Composite Index slipped 28 points, or 0.2%, to 15,360.55, while the S&P/TSX Capped Diversified Metals…
Alamos, AuRico unveil US$1.5B ‘merger of equals’
VANCOUVER — Alamos Gold (TSX: AGI; NYSE: AGI) and AuRico Gold (TSX: AUQ; NYSE: AUQ) have apparently been in an on-again, off-again courtship for years, but on April 13 the companies decided to tie the knot amidst a rising tide of merger…
AuRico eyes a revival at dormant Kemess mine in BC
VANCOUVER — Toronto-based miner AuRico Gold (TSX: AUQ; NYSE: AUQ) is hoping it can give the past-producing Kemess gold-copper mine a new lease on life.
Two suitors court Carlisle
Just two days after the ink dried on a binding joint-venture agreement between Canadian gold miner AuRico Gold (TSX: AUQ; NYSE: AUQ; CGJ) and Carlisle Goldfields (TSX: CGJ; US-OTC: CGJCF) on the junior’s Lynn Lake project in Manitoba,…
US stocks march up, Nov. 10-14
U.S. equities are up for the fourth straight week. The Dow Jones Industrial Average advanced 60.81 points to 17,634.74, while the S&P 500 Index rose 7.9 points to a record high of 2,039.82. The Nasdaq Composite Index climbed 56.01 points to…
AuRico Gold invests in Carlisle and Manitoba
For the last six months, AuRico Gold (TSX: AUQ; NYSE: AUQ) has been sizing up Carlisle Goldfields (TSX: CGJ) and its Lynn Lake gold project in Manitoba.
AuRico impresses with solid production numbers
AuRico Gold (TSX: AUG; NYSE: AUQ) couldn’t wait to show the market its production results.
Markets show signs of financing life
VANCOUVER — For three years the sector struggled through a dearth of financing and mergers and acquisitions (M&A) activity. Two months into 2014, it seems this year will be better: equity valuations are improving, M&A offers are…
AuRico cuts costs as Young-Davidson takes the next step
VANCOUVER — As lower realized gold prices become the norm producers have received a clear message from markets: cut the fat and boost the margins. And AuRico Gold (TSX: AUQ; NYSE: AUQ) is aiming to move in that direction as it implements…