Osisko Mining has another ally as it tries to fend off a hostile takeover from Goldcorp.Agnico Eagle Mines is joining with previously announced Yamana Gold to acquire Osisko, creating a new company called New Osisko.
The deal is valued at about $575-million dollars, well below what's being offered by Goldcorp.
Part of the agreement includes the new company continuing exploration of the Hammond Reef Gold project near Atikokan.
