Goldcorp Mining News

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.

Fatality at Musselwhite mine, operations suspended

Underground scoop operator has died.

Goldcorp, Teck combine projects, create new $3.5 billion mine in Chile

The 50/50 joint venture, momentarily named Project Corridor, is expected to help slash development costs as metal prices have dropped to multiyear lows.

Troubles in Dominican mine force Barrick to cut 2015 output forecast

Due to a mechanical issue detected at its jointly owned Dominican Republic-based mine.

Goldcorp declares $0.02 monthly dividend

Shareholders of record at the close of business on Thursday, November 19, 2015 will be entitled to receive payment of this dividend on Friday, Nov. 27.

Goldcorp biggest loser in gold price fall

World's most valuable miner hits 11-year low.

Goldcorp shares are being decimated

World's most valuable gold mining company disappoints with big loss despite 42% jump in ounces mined.

Argentina’s presidential candidates want mining to be platform for country’s recovery

Argentina’s presidential election, the first to be decided in a second and final round since the constitution was changed in the 1990s, will be key for the country’s economy, particularly its mining sector.

Tahoe’s operations in Guatemala not affected by President’s resignation

The Canadian firm said its Escobal mine remains unaffected by the ongoing political turmoil in the country, which has forced President Otto Perez to resign amid a corruption scandal that gutted his government.

Goldcorp, Teck combine projects, create new $3.5 billion mine in Chile

The miners expect significant savings and environmental advantages by combining the two neighbouring projects, which are only 40 kilometres apart.

Goldcorp slashes dividend 60% amid dire gold market

The company also said it will spend between $850 and $900 to produce an ounce of gold this year, less than its previous forecast of between $875 and $950.

Gold crash isn’t over — prices near five-year lows

The yellow metal was on the brink of five-year lows on Tuesday, with further losses expected in the coming months.

Goldcorp sells off 26% stake in Tahoe to raise cash

The news came on the same day Royal Bank of Canada downgraded Goldcorp’s stock to “sector perform” from “outperform,” citing concerns over the miner’s ability to continue paying its monthly dividend.

Goldcorp announces secondary offering of shares of Tahoe Resources

Gross proceeds of $998 million.

AngloGold, Newmont in talks over sale of Colorado mine

The sale would be one of the largest of a U.S. gold mine since the price of the precious metal began falling in 2013.

Global gold, copper, iron ore output down in Q1 — report

Much of the overall decline in reported gold output was due to a significant quarter-on-quarter production declines from AngloGold Ashanti, Goldcorp, and Sibanye Gold.

Goldcorp’s Marlin mine: a decade of operations and controversy in Guatemala

In Latin America, resource development and its economic benefits continue to butt heads with indigenous culture and tradition.

Goldcorp posts loss on lower margins, higher tax

The company's stock is being ripped apart on both, the New York and the Toronto Stock Exchanges as a result.

Picking undervalued gold equities is akin to picking strawberries: Randall Abramson

Pick one: long gold or short gold?

AngloGold a step closer to selling U.S. mine

Newmont, Kinross, Goldcorp and Iamgold among the companies said to be interested in all of part of Cripple Creek & Victor mine.

Goldcorp sells stake in Nevada project for $20 million

Premier gets the mine plus a $12.5 million injection from Goldcorp.

Goldcorp’s Eleonore mine in Quebec reaches commercial production

Eleonore is expected to eventually become Canada’s largest gold producing mine.