Goldcorp (TSE:G) Sheds Guatemala Silver Mine for $505 Million
Goldcorp (TSE:G) (NYSE:GG) announced it’ll be selling their Escobal silver project in Guatemala for $505 million in part of their ongoing effort to shed non-core assets.Included with the cash, Goldcorp will also receive a 40 percent stake in Tahoe Resources Inc. The cash portion in Tahoe is valued at $230 million. Goldcorp CEO Chuck Jeannes said the move is to continue the efforts of the
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Goldcorp (TSE:G) Sheds Guatemala Silver Mine for $505 Million
Tags: chuck-jeannes, Escobal Silver Project, ongoing, percent-stake, said-the-move, silver-project, Tahoe Resources, their-ongoing