Goldcorp Mining News

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.

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.