Oct 31

Goldcorp Reports Q3 Net Loss and Writedown on Penasquito

Gold Price Comments Off on Goldcorp Reports Q3 Net Loss and Writedown on Penasquito

Goldcorp Inc. (TSX:G,NYSE:GG) recorded a quarterly net loss of $44 million, or $0.05 per share, noting that “[b]oth reported earnings and adjusted earnings were negatively impacted by a $36 million, or $0.04 per share, non-cash reduction in the value of low-grade stockpiles at Peñasquito.”

Continue reading…

Tagged with:
Apr 22

Goldcorp Drops Hostile Bid for Osisko

Gold Price Comments Off on Goldcorp Drops Hostile Bid for Osisko

The Globe and Mail reported that Vancouver-based Goldcorp Inc. (TSX:G,NYSE:GG) has called an end to its hostile pursuit of Osisko Mining (TSX:OSK). Goldcorp refuses to top the competing bid of $3.9 billion by Yamana Gold Inc. (TSX:YRI,NYSE:AUY) and Agnico Eagle Mines Ltd. (TSX:AEM,NYSE:AEM).

Continue reading…

Tagged with:
Apr 10

Goldcorp Raises Bid for Osisko Mining to $3.6 Billion

Gold Price Comments Off on Goldcorp Raises Bid for Osisko Mining to $3.6 Billion

The Vancouver Sun reported that Goldcorp Inc. (TSX:G) has raised its bid for Osisko Mining Corp. (TSX:OSK) to $3.6 billion, or $7.65 per share, up from Goldcorp’s initial offer of $2.6 billion in January.

Continue reading…

Tagged with:
Mar 04

Gold Output Won’t Meet Expectations, Say Major Producers

Gold Price Comments Off on Gold Output Won’t Meet Expectations, Say Major Producers

Bloomberg reported that according to Barrick Gold Corp. (TSX:ABX,NYSE:ABX), Goldcorp Inc. (TSX:G,NYSE:GG) and Newmont Mining Corp. (NYSE:NEM), global gold output is set to decline, largely because miners have cut spending and revised their mining plans.

Continue reading…

Tagged with:
Mar 04

Osisko Agrees to Drop Goldcorp Lawsuit

Gold Price Comments Off on Osisko Agrees to Drop Goldcorp Lawsuit

Osisko Mining Corp. (TSX:OSK) announced yesterday that it has agreed to settle a proceeding that it launched against Goldcorp Inc. (TSX:G,NYSE:GG) in the Quebec Superior Court.

Continue reading…

Tagged with:
Feb 14

Goldcorp Sees Net Loss of $1.1 Billion in Q4 2013

Gold Price Comments Off on Goldcorp Sees Net Loss of $1.1 Billion in Q4 2013

Goldcorp Inc. (TSX:G,NYSE:GG) announced yesterday its results for the fourth quarter of 2013, as well as for 2013 as a whole, commenting that during Q4 it produced a record 768,900 ounces of gold.

Continue reading…

Tagged with:
Jan 31

Goldcorp Exec Says Takeover Supported by Osisko Shareholders

Gold Price Comments Off on Goldcorp Exec Says Takeover Supported by Osisko Shareholders

Reuters reported that on Thursday Goldcorp Inc. (TSX:G,NYSE:GG) said it has received an advance ruling certificate from Canada’s Competition Bureau, eliminating one of the “hurdles it faces” in its hostile takeover bid for Osisko Mining Corp. (TSX:OSK).

Continue reading…

Tagged with:
preload preload preload
Get Adobe Flash player