Goldcorp and Barrick form 50/50 joint venture for Cerro Casale and Caspiche gold projects

Goldcorp and Barrick Gold agreed to consolidate the Cerro Casale and Caspiche gold projects in Chile into a 50/50 joint venture. Goldcorp will acquire Kinross's 25% interest in Cerro Casale for $260 million cash and other considerations, and acquire Exeter Resource Corporation for ~$185 million in shares.

“Goldcorp today announced that it has entered into an agreement with Barrick Gold Corporation to leverage potential synergies within the Maricunga Gold Belt through a 50/50 joint venture.”prnewswire.com

• 1 source
• prnewswire.comGoldcorp and Barrick to consolidate Cerro Casale and Caspiche gold projects in a 50/50 joint ventureGoldcorp Inc.Mar 28, 2017

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