The Global Resource For Connecting Buyers and Sellers

Aurico Metals reports revenues of $3m since inception

For the year ended December 31, mining royalty and development company AuRico Metals has reported revenue of $3-million, since its inception on July 2, 2015.
The TSX-listed company, was formed as a spin-off company after Canadian gold miners Alamos Gold and AuRico Gold merged in a $1.5-billion deal. The merged company retained the Alamos Gold name and owned a 4.9% stake in the newly formed AuRico Metals, while former Alamos and AuRico Gold shareholders owned the rest.