Goldcorp Buying Kaminak for $520 Million

Gold_622032471

CBJ — Goldcorp is set to acquire Kaminak Gold for about $520-million, giving it the Coffee gold project south of Dawson City, Yukon.

The board of directors from both companies unanimously approved the transaction.

Kaminak’s key asset is the Coffee gold project, which has total indicated gold mineral resources of 3 million ounces.

@CanBizJournal

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