A meeting of mines

Goldcorp (TSX: G) and Teck (TSX: TCK) have agreed to combine their El Morro and Relincho projects under the new name of Corredor.

Located 40km apart on the edge of the Huasco Valley, Region III, the two deposits will now be developed using shared infrastructure, including concentrator, desalination plant, power lines and port, dramatically reducing the initial outlay.

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