Fasken Martineau Reps AuRico In $1.5B Northgate Buy

Law360, New York (August 29, 2011, 4:04 PM EDT) -- AuRico Gold announced Monday it planned to buy Canadian mining company Northgate Minerals Corp. for $1.48 billion, creating a gold production company with operations in Canada, Mexico and Australia.

The new company will operate five gold mines, with a sixth on schedule to start production early next year, according to AuRico, which has become one of Mexico's major miners in the past two years.

"We're excited about this announcement, given [that] the acquisition will create a premier intermediate gold producer operating in three of the top...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.