Glencore, Goldcorp and Yamana ink agreement to integrate Argentina mines
Goldcorp, (TSX: G, NYSE: GG) Yamana Gold, (TSX:YRI; NYSE: AUY) and Glencore (LSE:GLEN; JSE:GLN) signed an integration agreement this week that stipulates the Agua Rica copper-gold project in Argentina will be developed and operated using the existing infrastructure and facilities at the Alumbrera mine.
“The integration of the Agua Rica project and the Alumbrera mine has significant merit given the proximity of the assets, and the potential to realize significant synergies by taking full advantage of existing infrastructure associated with the Alumbrera mine for the development and operation of Agua Rica,” the companies said in a statement released by Goldcorp.
cont. http://www.mining.com/yamana-glencore-goldcorp-ink-agreement-integrate-argentina-mines/