The mining newspaper for Alaska and Canada's North

Mining Explorers 2016: Goldcorp grabs Coffee project

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

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 the a...

 

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