Goldcorp Inc. (G.TO,GG) announced that its subsidiary, Desarrollos Mineros San Luis, S.A. de C.V., has entered into an agreement with Newstrike Capital Inc. (NES-H.V) for the sale of Desarrollos Mineros' 21.2% interest in the Morelos gold project in Mexico for consideration of not less than C$52 million comprised of C$44.5 million in cash and 15 million common shares in the capital of Newstrike.
Goldcorp expects the transaction to close in early 2010.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.