M&A Deal Summary

Tahoe Resources Acquires Goldcorp - Escobal Silver Deposit

On May 3, 2010, Tahoe Resources acquired metals/mining company Goldcorp - Escobal Silver Deposit from Goldcorp for 505M USD

Acquisition Highlights
  • This is Tahoe Resources’ 1st transaction in the Metals/Mining sector.
  • This is Tahoe Resources’ largest (disclosed) transaction.
  • This is Tahoe Resources’ 1st transaction in Canada.
  • This is Tahoe Resources’ 1st transaction in British Columbia.

M&A Deal Summary
Date 2010-05-03
Target Goldcorp - Escobal Silver Deposit
Sector Metals/Mining
Buyer(s) Tahoe Resources
Sellers(s) Goldcorp
Deal Type Divestiture
Deal Value 505M USD

Target

Goldcorp - Escobal Silver Deposit

Vancouver, British Columbia, Canada
Goldcorp, Inc. - Escobal Silver Deposit is located in southern Guatemala, approximately 120 kilometers east of Goldcorp's Marlin mine, and approximately 70 kilometers west of its Cerro Blanco development project.

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Buyer(S) 1

Buyer

Tahoe Resources

Reno, Nevada, United States
Category Company
Sector Metals/Mining
Revenue 734M USD (2017)
DESCRIPTION

Tahoe Resources, Inc. is an operator of precious metals mines, to pay significant shareholder dividends and to grow by developing long-term, low-cost assets in the Americas. Tahoe Resources is based in Reno, Nevada.

DEAL STATS #
Overall 1 of 3
Sector (Metals/Mining) 1 of 3
Type (Divestiture) 1 of 1
State (British Columbia) 1 of 2
Country (Canada) 1 of 3
Year (2010) 1 of 1
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-02-09 Rio Alto Mining

Vancouver, British Columbia, Canada

Rio Alto Mining Ltd. is a mid-tier gold producer focused on optimizing production, exploration and if appropriate, making further acquisitions of precious metal properties in low risk regions of the Americas. Rio Alto Mining Ltd. was founded in and is based in was founded in 1987 and is based in, British Columbia.

Buy -

Seller(S) 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 STATS #
Overall 4 of 9
Sector (Metals/Mining) 4 of 9
Type (Divestiture) 2 of 7
State (British Columbia) 1 of 5
Country (Canada) 1 of 5
Year (2010) 1 of 3
Size (of disclosed) 1 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-02-16 El Morro Project

Chile

El Morro Project is an advanced stage copper-gold project located in north-central Chile.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-06-02 Goldcorp - San Dimas Mine

Vancouver, British Columbia, Canada

Goldcorp, Inc. - San Dimas Mine is a producer of 113,000 ounces of gold and 5.1 million ounces of silver.

Sell $500M
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