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AuRico Gold dumps Australian mines for $105 million

Andrew Topf | March 28, 2012 | 7:09 pm Precious Metals Australia Canada Europe Gold 

AuRico Gold pulled the trigger on its Australian operations on Tuesday, selling the Stawell and Fosterville mines to Crocodile Gold Corp for up to $105 million. The cash and stock deal included $70 million in guaranteed cash. AuRico (TSX:AUQ) acquired...

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