The Wharf mine is an open pit, heap leach operation. Successful exploration has continued to grow the gold reserves and extend the mine’s life. The mine has been recognized for its close ties to the local communities and its progressive reclamation of previously mined areas.
Goldcorp has announced that one of its subsidiaries has entered into a definitive stock purchase agreement whereby it will sell its 100% interest in the Wharf mine to Coeur Mining, Inc. (NYSE: CDE). The agreement is subject to United States antitrust approval and other customary closing conditions and is expected to close by the end of the first quarter of 2015.
* Due to rounding, numbers may not add up.