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Goldcorp Inc (GG.N)

GG.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Goldcorp says Exeter, Cerro Casale deals not conditional on completion of other
Tuesday, 28 Mar 2017 07:50am EDT 

Goldcorp Inc :Goldcorp Inc - Exeter and Cerro Casale transactions are not conditional on completion of other.  Full Article

Kinross announces sale of Cerro Casale interest
Tuesday, 28 Mar 2017 07:50am EDT 

Kinross Gold Corp : Kinross announces sale of Cerro Casale interest . Kinross Gold Corp - deal consideration includes $260 million in cash, payable at closing . Kinross Gold Corp - deal consideration includes assumption by Goldcorp of a $20 million payment obligation due to Barrick Gold Corporation . Kinross Gold Corp - expects to use proceeds from sale for its organic development projects and to further strengthen its balance sheet . Kinross Gold - agreed to sell 25% interest in Cerro Casale project in Chile, 100% interest in Quebrada Seca exploration project . Says deal consideration includes $40 million in cash, payable following a construction decision for Cerro Casale .Kinross Gold Corp - Kinross expects to use proceeds from sale for its organic development projects and to further strengthen its balance sheet.  Full Article

Exeter to be acquired by Goldcorp in a deal valued at C$247 mln
Tuesday, 28 Mar 2017 07:49am EDT 

Exeter Resource Corp : Exeter to be acquired by Goldcorp . Exeter Resource Corp - deal for total consideration of c$247 million . Exeter Resource Corp - Goldcorp will acquire all outstanding shares of exeter for consideration of 0.12 of a goldcorp share for each exeter share . Exeter Resource Corp - deal for c$2.58 per exeter share . Exeter Resource - Exeter's board of directors has unanimously approved transaction; recommends that exeter shareholders vote in favour of arrangement . Exeter Resource - under certain circumstances where transaction is not completed, exeter has agreed to pay a termination fee of c$8.65 million to goldcorp .Exeter Resource - all of directors and officers of exeter, who own or control about 8.4% of co's issued shares have entered support agreements with goldcorp.  Full Article

IBM and Goldcorp Team to bring Watson to the Mines
Friday, 3 Mar 2017 09:00am EST 

Goldcorp Inc :IBM - Co working with Goldcorp Inc to bring IBM Watson Technology to Canadian Mining Industry.  Full Article

Goldcorp announces acquisition of gold stream at El Morro
Wednesday, 8 Feb 2017 07:45am EST 

Goldcorp Inc - : Goldcorp announces acquisition of gold stream at El Morro . Deal for cash consideration of $65 million .El Morro deposit is part of Nuevaunión, a 50/50 joint venture with Teck Resources that combines Relincho and El Morro deposits.  Full Article

Goldcorp declares fourth quarter dividend of $0.02/share
Monday, 5 Dec 2016 12:49pm EST 

Goldcorp Inc : Press release - Goldcorp declares fourth quarter dividend payment for 2016 .Sets quarterly dividend of $0.02 per share.  Full Article

Premier signs acquisition deals with Goldcorp and Kinross USA
Wednesday, 26 Oct 2016 06:00am EDT 

Premier Gold Mines Ltd : Premier Gold Mines Ltd - to acquire exploration projects in Nevada and Mexico . Premier Gold Mines Ltd - agreement grants premier right to earn a 50 pct interest in Goldbanks project in Pershing County, Nevada . Premier Gold Mines Ltd - to earn a 50 pct interest in project, Premier is required to spend $20 million in exploration on property over five years .Premier Gold Mines Ltd - Kinross may elect to become operator following premier having earned a 50 pct interest.  Full Article

Goldcorp - Quarterly dividend of $0.02 per share
Friday, 2 Sep 2016 11:29am EDT 

Press Release : Goldcorp declares third quarter dividend payment for 2016 .Sets quarterly dividend of $0.02 per share.  Full Article

Goldcorp CEO says confident of achieving 2016 forecasts
Thursday, 28 Jul 2016 02:06pm EDT 

Goldcorp : Expects to report higher production in third, fourth quarters with Q4 being strongest - Chief Executive David Garofalo . CEO says contemplating sale of several non-core assets including Los Filos, Alumbrera and Marlin mines .Goldcorp CEO says has high degree of confidence in achieving production, cost forecasts for 2016.  Full Article

Goldcorp Q2 loss per share $0.09
Wednesday, 27 Jul 2016 02:27pm EDT 

Goldcorp Inc : Says 2016 guidance reconfirmed for gold production of between 2.8 and 3.1 million ounces, at AISC of between $850 and $925 per ounce . "mine general managers will have much greater accountability for growing net asset value of their individual businesses," going foward . Says workforce reductions and other improvement initiatives are underway at cerro negro . Qtrly gold production of 613,400 ounces compared to 908,000 in 2015 . Says workforce reductions at Cerro Negro are expected to deliver approximately $65 million of annual efficiencies . Qtrly silver produced 5.3 million ounces versus 10.4 million ounces . In q2,began implementing company-wide program to optimize all areas of business, deliver $250 million in sustainable annual efficiencies by 2018 . Qtrly total revenues $921 million versus $1317 million . Productivity was negatively affected by a large workforce reduction as part of restructuring process that commenced during q2 . Says is on schedule to achieve its $250 million efficiency target by 2018 . Goldcorp reports second quarter 2016 results; expansions approved at Peñasquito and Musselwhite . Q2 loss per share $0.09 . Q2 earnings per share view $0.02 -- Thomson Reuters I/B/E/S . Q2 2016 earnings were negatively impacted by lower production, partially offset by an increase in realized gold price.  Full Article

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Canada miner Goldcorp first quarter earnings double as costs fall

Canadian gold miner Goldcorp Inc , the world's fourth-biggest gold producer by market value, posted higher first-quarter earnings on Wednesday helped by lower costs.