North of 60 Mining News - The mining newspaper for Alaska and Canada's North

By Shane Lasley
Mining News 

Mining Explorers 2016: Goldcorp grabs Coffee project

Half-billion-dollar buyout of Kaminak signals turnaround in mining markets


Last updated 2/3/2018 at 7:15pm

Shane Lasley

The Yukon River cuts through the White Gold District, a gold-rich region south of Dawson City that is drawing junior explorers and global miners alike.

Like a gong proclaiming the end of the long and arduous bear market for North of 60 mining explorers, the May 12 news that Goldcorp Inc. would buy Kaminak Gold Corp. for roughly C$500 million reverberated from Yukon Territory throughout the North.

While the rich lure of developing a mine at Kaminak's robust Coffee gold project lured Goldcorp to the Yukon, it was the exploration potential and th...

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