Goldcorp Mining News

Three large miners that are still inexpensive

There are some positives.

Goldcorp declares third quarter dividend payment for 2016

GOLDCORP INC. is pleased to declare its quarterly dividend for the three month period ended September 30, 2016 of $0.02 per share.

More Peñasquito problems for Goldcorp

Report claims contamination of groundwater at Vancouver gold miner's flagship mine in Mexico may be more serious than previously thought.

Tahoe Resources soars on Q2 earnings

Stock rose 7.3% on Wednesday after the company announced Q2 results that beat expectations.

Rising gold price not lifting all boats

Two major gold stocks shot up by more than 40% in July, but there's been notable losers with Goldcorp dropping to fourth most valuable gold miner.

Goldcorp stock pays Peñasquito penalty

Vancouver miner hammered after 32% drop in output during the second quarter blamed on operational problems at its flagship Peñasquito mine in Mexico.

Goldcorp-Kaminak deal sealed

Kaminak became a prime takeover target in January after it announced a feasibility study on its high-grade Coffee gold project in the Yukon.

Tahoe expands presence in Canada, to acquire Whitney JV from Goldcorp

As part of the miner's strategy to grow gold production in Timmins, Northern Ontario, to over 250,000 ounces per year by 2020.

BC gold miners reap Brexit rewards

A gold bull market would be good for the badly battered TSX Venture exchange, which is heavily weighted with junior miners with gold projects.

Copper stocks deep into red as gold miners surge

Gold's nearly $100 jump early on and copper's 4.5% meltdown split mining investors' Brexit fortunes.

Gold firms gear up for growth as cost of mining the metal falls

Early signs of activity include Kinross Gold's March decision to expand its Mauritanian gold mine and Goldcorp acquisition of junior Kaminak for $520 million in May.

Canadian mining giant dries up water resources in Mexico

Goldcorp, through its local subsidiary Peñasquito, is being singled out as the biggest water offender in the north-central Mexican state of Zacatecas.

Goldcorp and Teck plow ahead with new $3.5bn mine in Chile

The project, renamed NuevaUnion, would be one of the largest copper-gold-molybdenum mines ever-developed in Latin America.

Goldcorp buys gold junior Kaminak for $520 million

Deals gives Goldcorp access to Kaminak's Coffee project, one of the most promising undeveloped gold projects in Canada.

Canadian gold companies shining bright in 2016

Gold prices start the week off down, but are expected to pick up soon again.

Accident suspends work at Guatemala gold mine

A worker is missing following an accident at a Guatemala mine owned by Vancouver’s Goldcorp (TSX:G).

Top 3 gold miners get ratings boost but Goldcorp cut

Outlook also remains negative for Barrick, but Newmont's growing portfolio, $2 billion-plus earnings potential even at much lower gold prices praised.

Wave of deals to shake the global gold industry in 2016 — report

Gold miners to keep cutting cost, team up amid unusual market conditions that will continue boosting deals, says BMI Research.

Argentina’s new government scraps mining taxes

President Mauricio Macri has revoked a 5% tax imposed by the previous administration on mining companies.

Tahoe may go after Goldcorp’s assets in Ontario — report

Tahoe Resources' founder and executive chair Kevin McArthur said the operations present "nice synergies".

Tahoe Resources adds Canadian gold mines to portfolio by buying Lake Shore

Tahoe Resources has agreed to buy Canadian precious-metals miner Lake Shore Gold in an all-stock deal valued at Cdn$945 million ($678 million).

Happy day for miners: shares up by levels not seen since 2008

The biggest winner was Anglo American (LON:AAL), which briefly posted its biggest ever one-day percentage gain, closing later still 15% up compared to the previous session.

Goldcorp closes Timmins mine amid metals downturn

Goldcorp has announced it will permanently stop mining at its underground Dome mine, located near Timmins, Ont., as of this summer.

Gold hits seven-week high on global cues, miners soar

The precious metal is building on gains from earlier in the week, triggered mainly by escalating geo-political tensions in the Middle East and North Korea’s nuclear test.

Goldcorp caught in middle of Mexican gang war

Rival gangs are preying on a small community at Goldcorp's Los Filos gold mine in Mexico's Guerrero state leaving at least 26 people dead since mid-2014.