Goldcorp Steps Up Deal Making as Metal Rally Bolsters Shares

  • Agrees to buy Canadian explorer Kaminak for $406 million
  • Company eyeing Yukon project as possible new source of output

Goldcorp Inc., the third-most valuable bullion producer, agreed to buy Canadian explorer Kaminak Gold Corp. in a C$520 million ($406 million) share swap that would be its biggest acquisition in five years.

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