Goldcorp

Newmont Mining Corp. announced that its $10 billion deal to purchase Goldcorp Inc. is moving forward after Goldcorp obtained an interim plan of arrangement. Goldcorp shareholders will vote on the acquisition on April 4, 2019.

Goldcorp is developing the Borden gold mine in northern Ontario as an all-electric underground mine, using battery-powered equipment from Sandvik, with commercial production expected in the second half of 2019.

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.

Leagold Mining Corporation entered into a binding agreement to acquire the Los Filos Gold Mine in Guerrero State, Mexico from Goldcorp for US$350 million, consisting of US$279 million in cash and US$71 million in Leagold shares. Goldcorp will become an approximate 30% shareholder of Leagold.