Goldcorp has a buyer for Los FilosExpectations are they will get about $300 million for it.
Selling that and the Camino dev project and buying TMM for Ana Paula would be quite a savvy move.
Apparently re: Los Filos a geotechnical fault in the open pit renders the mine uneconomical if they want to mine their current reserves and they shortened the mine life from 10 to 3 years.
Cash costs in the latest quarter are very high. I wonder who the buyer is.