VANCOUVER ( TheStreet) -- Goldcorp ( GG) said Friday it agreed to acquire Andean Resources, the Australian gold miner, for about $3.6 billion ($3.4 billion). Andean's principal asset is the 100%-owned Cerro Negro gold project, an advanced-stage, high-grade vein system in the Santa Cruz province of Argentina, the companies said in a press release. Goldcorp's cash and stock offer of C$6.50 for Andean trumps a rival all-stock bid of C$6.36 from Eldorado Gold ( EGO). The acquisition is expected to close in late 2010 or early 2011. -- Written by Joseph Woelfel >To contact the writer of this article, click here: Joseph Woelfel >To submit a news tip, send an email to: firstname.lastname@example.org.