Deals
Slim’s Frisco Acquires AuRico Gold Assets for $750 Million
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Billionaire Carlos Slim’s Minera Frisco SAB agreed to acquire mining assets in Mexico from AuRico Gold Inc. for $750 million in what would be the largest gold deal involving a Mexican company.
AuRico will sell properties including the Ocampo mine and Venus and Los Jarros projects in northern Chihuahua state and a 50 percent stake in the Orion project in Nayarit state, the companies said yesterday in separate statements.