Nov 16th, 2009 - Boston
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VANCOUVER, British Columbia—Goldcorp Inc. says it is acquiring mining company Canplats Resources Corp. in a deal valued at 238 million Canadian dollars ($228 million).
The gold producer, based in Vancouver, British Columbia, said Monday it will assume ownership of Canplats' Camino Rojo project in Mexico, expanding its operations there.
Goldcorp also said a new exploration company will be created with 90.1 percent of its shares distributed to Canplats' shareholders at a value of 18 Canadian cents per share.
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Stocks, Commodities Rally on G-20 Stimulus; Gold Reaches Record
Nov 9th, 2009 - Bloomberg
Nov. 9 (Bloomberg) -- U.S. stocks extended a global rallyand the dollar slid after the Group of 20 nations agreed tomaintain economic stimulus efforts. Commodities climbed...
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