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news Goldcorp sell San Dimas Mine for $500 MLN ; Gold Investing Strategies Blog
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Goldcorp sell San Dimas Mine for $500 MLN

06/05/10 04:54

Goldcorp Inc. has agreed to sell their San Dimas gold and silver mine in Mexico to Mala Noche.

For a total compensation of $500 million which is divided into 3 large bulks, where Mala Noche would pay them $270 million cash, give them $175 million worth share of Mala Noche, and $50 million note to be paid in 5 years with a 5 per cent interest per annum.

More details on Reuter's 1st update on Goldcorp decision to sell their Mexico gold and silver mine.

Link: UPDATE 1-Goldcorp agrees to sell mine in Mexico for $50

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