Coeur nabs major stake in Victoria Gold
Establishes foothold for possible future buyout of Yukon miner North of 60 Mining News – May 10, 2021
Last updated 6/3/2021 at 5:05pm
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 ramp...