Teck buys Goldcorp’s 21% stake in San Nicolás project, Mexico

June 29, 2017

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Canadian diversified miner Teck Resources has agreed to buy Goldcorp’s 21% interest in the San Nicolás copper/zinc project, in Mexico’s Zacatecas state, for $50-million.
The transaction will fully consolidate Teck’s ownership of the project, and is part of Goldcorp’s ongoing strategy to pare noncore assets in pursuit of portfolio optimisation and debt repayment.

Category: General