Stake Purchase • Metals/Mining

Kinross Invests In Goldcorp - La Coipa silver-gold mine

On September 25, 2007, Kinross invested in metals/mining company Goldcorp - La Coipa silver-gold mine from Goldcorp

Investment Context
  • This is Kinross’ 1st transaction in the Metals/Mining sector.
  • This is Kinross’ 1st transaction in Chile.

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Investment Summary

Date September 25, 2007
Target Goldcorp - La Coipa silver-gold mine
Sector Metals/Mining
Investor(s) Kinross
Sellers(s) Goldcorp
Deal Type Stake Purchase

Target Company

Goldcorp - La Coipa silver-gold mine

Chile
Goldcorp, Inc. - La Coipa silver-gold mine is a provider of gold and silver in Canada. La Coipa produced 37,200 gold ounces and 9.9 million silver ounces at a total cash cost of negative $2,526 per ounce.
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Investor Overview 1

Investor

Kinross

Toronto, Ontario, Canada

Category Company
Founded 1993
Sector Metals/Mining
Employees8,447
Revenue 5.1B USD (2024)
DESCRIPTION

Kinross is a Canadian gold mining company with mines and projects in Canada, the United States, Brazil, Chile, Ecuador and Russia. The Company was formed in 1972 and employs approximately 5,500 people worldwide. Kinross Gold was incorporated in 1993 and is based in Toronto, Canada.


Deal Context for Investor #
Overall 1 of 5
Sector: Metals/Mining 1 of 5
Type: Stake Purchase 1 of 1
Country: Chile 1 of 1
Year: 2007 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-09-25 Kinross Gold - Porcupine Gold Mines

Ontario, Canada

Kinross Gold Corp. - Porcupine Gold Mines is a producer of gold in Canada.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-07-24 Aurelian Resources

Toronto, Ontario, Australia

Aurelian Resources Inc. is a mining company focused on mining opportunities, primarily gold, silver, and base metals, in Ecuador. The Company was formed in 2002.

Buy CA$1.2B

Seller Profile 1

SELLER

Goldcorp

Vancouver, British Columbia, Canada

Category Company
Founded 1954
Sector Metals/Mining
Employees9,290
Revenue 3.4B USD (2017)
DESCRIPTION

Goldcorp, Inc. is a gold producer, with operations and development projects in America. Goldcorp Inc. was founded in 1954 and is headquartered in Vancouver, Canada.


Deal Context for Seller #
Overall 3 of 9
Sector: Metals/Mining 3 of 9
Type: Stake Purchase 1 of 1
Country: Chile 1 of 1
Year: 2007 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-09-25 Kinross Gold - Porcupine Gold Mines

Ontario, Canada

Kinross Gold Corp. - Porcupine Gold Mines is a producer of gold in Canada.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-08-10 Osisko Mining

Montreal, Quebec, Canada

Osisko Mining Corporation operates the Canadian Malartic Gold Mine in Malartic, Quebec and is pursuing exploration on a number of properties, notably in Quebec, Ontario and Mexico.

Buy -

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