Canadian Mining Journal

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Copper-Zinc: Teck to purchase Goldcorp’s San Nicolás interest



Logo courtesy of Teck.

Teck Resources today announced that its Mexican subsidiary has entered into a binding agreement with a subsidiary of Goldcorp Inc. to purchase its 21% minority interest in the San Nicolás Project located in Zacatecas, Mexico for cash consideration of US$50 million. On completion of the transaction Teck will own 100% of the San Nicolás Project. The transaction is subject to customary closing conditions and is expected to close in the third quarter of 2017.

For more details, visit www.teck.com.