February 08, 2017 BY Valentina Kirilova
Goldcorp acquires New Gold's El Morro gold stream for $65 million
New Gold Inc. (NYSE MKT:NGD) just announced that has entered into a binding letter agreement with Goldcorp Inc. (NYSE:GG) to sell the company's gold stream on the El Morro project to Goldcorp for $65 million cash. The transaction will provide New Gold with additional liquidity as the company advances the construction of its Rainy River…
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