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Goldcorp continues Chile consolidation

Goldcorp (CN:G) and Barrick Gold (CN:ABX) have teamed up in a 50:50 joint venture to take the Caspiche and Cerro Casale deposits in Chile forward to production by sharing the risks and reducing the project footprints.

Goldcorp continues Chile consolidation Goldcorp continues Chile consolidation Goldcorp continues Chile consolidation Goldcorp continues Chile consolidation Goldcorp continues Chile consolidation

Goldcorp hopes the combination of Caspiche (pictured), Cerro Casale and Quebrada Seca provides a compelling investment

The transactions will result in a JV holding resources of over 60 million ounces of gold and more than 3 millions of tonnes of copper.