Goldcorp buys large interest in Colorado

Colorado Resources Ltd. Aug. 4 announced that Goldcorp Inc. is making a strategic investment that will give the major a roughly 14.25 percent interest in the explorer.

At the same time, Colorado has cut a deal with Seabridge Gold Inc. to acquire full ownership of the KSP copper-gold project in northern British Columbia.

"This is one of the most important milestones in Colorado's eight-year history...