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Company News

BUZZ-Goldcorp: Jefferies expects labor dispute at Argentina mine to resolve quickly

** Jefferies expects a labor dispute at Goldcorp’s Cerro Negro mine in Argentina to resolve quickly in the light of its pending merger with Newmont Mining Corp

** Both U.S.- and Toronto-listed shares up ~3 pct

** Goldcorp says mining ceased when work stoppage began on Friday

** In January, NEM offered to buy Goldcorp in $10 bln deal; Jefferies says Goldcorp would likely not want to attract negative press

** NEM shareholder vote on Goldcorp merger set for April 11

** Goldcorp’s Toronto-listed shares up ~13 pct YTD (Reporting by John Benny in Bengaluru)

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