Copper $ 5.506 / lb 0.09%
Brent Crude Oil $ 61.89 / bbl -0.16%
Palladium $ 1888 / ozt 1.45%
Crude Oil $ 57.82 / bbl -0.22%
Natural Gas $ 4.013 / Btu 0.58%
Silver Futures $ 69.355 / ozt 0.40%
Aluminum Futures $ 2950.75 / ton -0.08%
Micro Gold Futures $ 4508.8 / ozt 0.62%
Micro Silver Futures $ 69.345 / ozt 0.35%
Platinum $ 2197.5 / ozt 2.30%
Gold Futures $ 4506.8 / ozt 0.56%
Go to MDC Markets

AuRico snaps up Northgate on the cheap

Bloomberg News | August 30, 2011 | 11:59 pm Precious Metals Canada Europe Gold 

AuRico Gold Inc. is paying the cheapest valuation for a takeover of a North American gold producer in seven years even as bullion trades at a record. Including net cash, AuRico’s acquisition valued Northgate at 14.7 times Ebitda. In last...

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