Content about Goldcorp

August 9, 2011

With few safe havens left for investors, the price of an ounce of gold has broken $1,700 for the first time ever this week.

With few safe havens left for investors, the price of an ounce of gold has broken $1,700 for the first time ever this week, and some analysts believe it could reach $2,500 an ounce by the end of this year.

When investors are nervous of currencies, treasury bonds and just about everything else, their last resort seems always to be gold. Despite the efforts of Barrick Gold, Newmont Mining and Goldcorp, however, supply can never keep up with this kind of demand, so these price predictions could well prove to be true.

July 28, 2011

Goldcorp, the world’s second largest gold producer, has revealed mixed fortunes in its second quarter results.

Goldcorp, the world’s second largest gold producer, has revealed mixed fortunes in its second quarter results.

Revenues of $1.3 billion represent an increase of 62 percent over Q2, 2010, and adjusted net earnings climbed 111 percent to $420 million, but a series of misadventures in various operations have led the company to revise its production forecasts for the rest of the year.

March 29, 2011

General manager Mike Lalonde talks about integrating a portfolio of traditional mines into a single identity.

Goldcorp’s Red Lake mining complex is one of the world’s richest gold resources. General manager Mike Lalonde talks to Gay Sutton about integrating a portfolio of traditional mines into a single forward looking identity.

February 21, 2011

Low-cost gold producer Goldcorp today signed a collaboration agreement with local communities in northern Quebec regarding the development and operation of its Eléonore gold project.

Low-cost gold producer Goldcorp today signed a collaboration agreement with local communities in northern Quebec regarding the development and operation of its Eléonore gold project.

The signing ceremony, involving the Cree Nation of Wemindji, the Grand Council of the Crees (Eeyou Istchee) and the Cree Regional Authority, took place in Wemindji, Quebec.

February 15, 2011

As Canadian mining companies continue to prosper from high mineral prices, more technically-challenging mining projects have become attractive.

As Canadian mining companies continue to prosper from high mineral prices, more technically-challenging mining projects have become attractive. Andy Keough at Manroc Developments tells Andrew Pelis how the Ontario-based contractor is enjoying its own boom as a result of its specialty mining services.

 

February 15, 2011

After the acquisition of Mexico’s San Dimas mining properties from Goldcorp, the company is well on the way to achieving its ambition to become a leading intermediate gold producer.

After the acquisition of Mexico’s San Dimas mining properties from Goldcorp, the company is well on the way to achieving its ambition to become a leading intermediate gold producer.

 

Primero Mining Corp. is a Canadian-based precious metals producer with every intention of becoming a leading intermediate gold producer, as attested by its acquisition from Goldcorp of the San Dimas gold/silver mine in Mexico last year, for a total consideration of $500 million.

November 9, 2010

Silver Wheaton, the largest silver streaming company in the world, has reported record quarterly earnings, with net earnings for Q3 2010 more than doubling to $69.2 million.

Silver Wheaton, the largest silver streaming company in the world, has reported record quarterly earnings, with net earnings for Q3 2010 more than doubling to $69.2 million, compared with $33.6 million in third quarter 2009.

Operating cash flows increased 55 percent to $70.5 million, compared with $45.4 million in 2009.

Silver streaming is an arrangement where the company agrees with a mining company to purchase all or part of its silver production at a predetermined price. The silver is usually a by-product of the core mineral the mining company extracts.

September 3, 2010

Canadian mining giant Goldcorp has agreed to buy Andean Resources Limited for C$3.6 billion, thereby adding the Cerro Negro gold deposit in Argentina to its assets.

Canadian mining giant Goldcorp has agreed to buy Andean Resources Limited for C$3.6 billion, thereby adding the Cerro Negro gold deposit in Argentina to its assets.

The Cerro Negro gold project is an advanced-stage, high-grade vein system in the Santa Cruz province of Argentina, with indicated resources of 2.54 million ounces of gold and 23.56 million ounces of silver. Inferred resources total 523,000 ounces of gold and 3.12 million ounces of silver.

March 18, 2009

All that glittersClaude Lemasson tells Gary Toushek how people-centric policies have helped Goldcorp go from junior miner to the world’s second-largest gold company. These days Claude Lemasson spends a lot of time traveling between his Toronto office and the James Bay area of northern Québec, looking after his current priority, the Éléonore project, a major new gold discovery situated within a relatively unexplored area of James Bay, in Cree Nation of Wemindji territory.

March 18, 2009

The first moverVirginia Mines once had areas of northern Quebec practically to itself. Today, it’s a different landscape, but president André Gaumond tells Keith Regan that thanks to being first and doing it right, the company has a bright future. When Virginia Mines began as a junior explorer searching for gold and base metal deposits in the James Bay area of Quebec some 15 years ago, the area had seen little exploration and was considered a remote, hard-to-reach outpost.