The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Establishes foothold for possible future buyout of Yukon miner North of 60 Mining News – May 10, 2021
Victoria's Eagle Gold Mine produced 116,644 oz of gold during 2020 and is forecast to produce around 190,000 oz this year.
Coeur Mining Inc. is investing roughly US$117.2 million (C$141.7 million) to acquire a 17.8% interest in Victoria Gold Corp. and its Eagle Gold Mine in Canada's Yukon – a foothold that could see the Chicago-based miner gaining a much larger position in a northern gold mine it has been keeping an eye on.
"We have long admired the quality of Victoria's Eagle asset and its recent success in ramping u...
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