Goldcorp Mining News

Newmont Goldcorp profit beats on higher production as prices fall

Chief Executive Gary Goldberg said on an analyst call the combined company is targeting production of 6 million to 7 million ounces of gold annually.

Goldcorp shareholders approve Newmont's $10B takeover offer

The deal also will be voted on by Newmont shareholders next Thursday. If approved, the deal is expected to close by June.

Struggling small miners may lead to bigger industry woes

Small miners are finding it increasingly difficult to raise capital to fund new ventures despite the positive demand outlook for several commodities.

Newmont's Goldcorp deal wins support of Paulson, VanEck, ISS

After promising to sweeten the pot with the largest dividend in 32 years, Newmont has won over two of its biggest investors to the merits of a $10B merger with Goldcorp.

Argentina mining gets Macri boost as tough election looms

Argentina is eyeing its first major new mining project in two decades, nudged forward by President Mauricio Macri’s market-oriented policies.

BCI opposes Goldcorp’s $12m retirement bonus for Ian Telfer

British Columbia Investment Management Corporation will vote against the proposed merger of Goldcorp and Newmont due to Goldcorp’s decision to award its chairman a $12m retirement allowance.

VanEck shares Paulson's concerns on Newmont-Goldcorp merger

Mounting investor concerns sent Goldcorp shares tumbling in New York.

Funds blast Goldcorp chair's 'terrible' $12 million package

Goldcorp’s attempt to top-up its chairman’s retirement haul has met significant resistance.

Once-mighty Canadian mining losing ground to global competitors

Mega-mergers by Canada’s two largest gold companies, Barrick Gold Corp. and Goldcorp Inc., stand to erode its global influence.

Strike hits Goldcorp’s Cerro Negro mine in Argentina

Mining stopped on March 8, when members of the Asociación Obrera Minera Argentina (AOMA) downed tools, and processing activities have now also ceased following the exhaustion of surface stockpiles.

Newmont CEO eager to meet with Barrick – but not about merger

After more than a week of tough talk firing back and forth, the leaders of the two biggest gold producers are finally coming to the table.

What Humphrey Bogart can teach the gold diggers

Barrick and Newmont have far more to gain from cooperating than bickering with each other.

Miners' 'lifeblood' looks poised to flow back following pot craze

"The current market is reminiscent of the late 90’s and early 2000’s."

Newmont is right to be reserved about Barrick

A deal doesn’t give Newmont shareholders anything they don’t already have.

Sandvik Mining and Rock Technology unveiling new optimization tech at Goldcorp’s #DisruptMining

Sandvik is introducing the newest OptiMine® features, focused on analytics and visualization.

'Loser' vs 'anemic': Barrick's Newmont bid starts on toxic note

The tough talk underscored deep personality and cultural differences between the world’s two biggest gold producers.

Barrick swings hard for Newmont – maybe too hard

Hostile bids bring out the worst in people. On the other hand, they also foster tremendous creativity.

Gold’s distracted lovers need to go cool off

It’s tempting to wish Barrick and Newmont would just get a room and end the speculation.

Goldcorp expects higher production in 2019

The company has not yet released its 2018 full-year financials, but previously said it expects 2018 full-year AISC to be at $850 per oz. gold.

The Newmont-Goldcorp deal is positive news for gold mining

Consolidation season has finally arrived in the goldfields, just as many experts and analysts have been predicting for some time now.

Newmont's Goldcorp gamble may need 'drastic' surgery to work

The cost to create the world’s largest gold company: A 17 percent premium for a $10 billion all-shares acquisition that faces some big-time challenges down the line.

The market arranged Newmont's Goldcorp marriage

"Simply put, this is not a deal we have to do. This is a deal that we want to do."

How Industrial Internet of Things is changing the mining industry

The mining industry is facing an upward cycle, and IIoT presents numerous opportunities and benefits to maximise profitability.

Goldcorp 'miserable quarter' sends shares to 16-year low

Operating results were hurt by lower output of all metals from the company’s Peñasquito mine, while costs climbed.

Goldcorp reports net loss of $131 million in Q2

Guidance reconfirmed.