TORONTO, Sept. 4, 2012 /CNW/ - AuRico Gold Inc. (TSX: AUQ) (NYSE: AUQ), ("AuRico" or "the Company") is pleased to report that its Young-Davidson mine achieved commercial production effective September 1, 2012. Located in Matachewan, Ontario, the Young-Davidson mine is expected to be a key, long lived, strategic asset for AuRico that has potential [...]
While the price of gold has faced several headwinds of late, several analysts are optimistic gold could make a run in the second half of 2012 due to the ongoing accommodative monetary policies across the globe. A recent survey from Bloomberg shows that gold could be set for its best year since 2010. The Paragon Report examines investing [...]
TORONTO, Aug. 13, 2012 /CNW/ - AuRico Gold Inc. (TSX:AUQ) (NYSE: AUQ), ("AuRico" or "the Company") reports financial results for the three and six months ended June 30, 2012. All amounts are in U.S. dollars. The Company will host a conference call on Monday, August 13, 2012 beginning at 10:00 a.m. Eastern Time.Second Quarter Financial Highlights [...]
TORONTO, July 25, 2012 /CNW/ - AuRico Gold Inc. (TSX:AUQ) (NYSE:AUQ), ("AuRico", "AuRico Gold" or "the Company") today announced that it will release the Company's second quarter financial results for the period ended June 30, 2012 before the market opens on Monday, August 13, 2012. The financial statements will be available on the Company's [...]
Junior Miners have been hit hard in 2012 as gold prices have struggled to gain any upward momentum in 2012. The Market Vectors Junior Gold Miners ETF (GDXJ) has fallen over 25 percent year-to-date. The industry has been a hotbed of acquisition speculation in recent weeks after Yamana Gold announced it had acquired Extorre Gold Mines Ltd. for $414 [...]
TORONTO, July 17, 2012 /CNW/ - AuRico Gold Inc. (TSX: AUQ)(NYSE: AUQ) announced today that René Marion, President, Chief Executive Officer and Director has tendered his resignation for health reasons effective September 3, 2012 and that Scott Perry has been appointed President and Chief Executive Officer. Russell Tremayne and Peter MacPhail [...]
Provides Updated Production Guidance for OcampoTORONTO, July 16, 2012 /CNW/ - AuRico Gold Inc. (TSX:AUQ) (NYSE: AUQ), ("AuRico" or "the Company") reports the preliminary operational results for the second quarter ended June 30, 2012. All amounts are in U.S. dollars. The Company will host a conference call on Tuesday, July 17, 2012 beginning at 9:00 [...]
Endeavour Silver and AuRico Gold are pleased to announce that they have completed the acquisition by Endeavour of 100% interests in AuRico Gold's El Cubo silver-gold mine in Guanajuato State and the Guadalupe y Calvo silver-gold exploration project in Chihuahua State, Mexico. Total consideration paid at closing by Endeavour was US$200 million [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 06/29/12 -- Endeavour Silver Corp. (TSX: EDR)(NYSE: EXK)(FRANKFURT: EJD) ("Endeavour") and AuRico Gold Inc. (TSX: AUQ)(NYSE: AUQ) ("AuRico Gold") announce that they have agreed to extend closing of the purchase/sale of the El Cubo mine in Guanajuato State, Mexico and the Guadalupe y Calvo ("GyC [...]
Operations Advancing to Commercial ProductionTORONTO, June 7, 2012 /CNW/ - AuRico Gold Inc. (TSX:AUQ) (NYSE: AUQ), ("AuRico" or "AuRico Gold" or the "Company") provides its monthly update on the Young-Davidson mine located in Northern Ontario. The Company remains on track to declare commercial production in the third quarter."Operations at [...]
TORONTO, May 29, 2012 /CNW/ - AuRico Gold Inc. (TSX: AUQ) (NYSE: AUQ), ("AuRico" or "the Company") reports that full power has been restored by Hydro One at the Young-Davidson mine and the mill facility is fully energized and ore processing activities are anticipated to commence shortly. For the ten days prior to the shut-down, the mill had [...]
AuRico Gold reports that a forest fire located south of Kirkland Lake, approximately 70 kilometres east of the Young-Davidson mine site, has damaged several power poles and disrupted the main 115 kV power supply to the mine site. The mine is currently utilizing a separate 44 kV line (used for construction and development), which has not been [...]