Osisko Mining CEO says Goldcorp bid 'very hostile,' Reuters reports Osisko Mining (OSKFF) CEO Sean Roosen says hasn't spoken with anyone at Goldcorp (GG) since just before Goldcorp announced last week it would make an unsolicited takeover bid for the company, reports Reuters. Roosen called the bid "very hostile" and said he got a courtesy call about it some 30 minutes before Goldcorp announced it. Reference Link
Goldcorp signs Resource Development Agreement with four First Nation communities Goldcorp announced that Porcupine Gold Mines has signed a Resource Development Agreement with four First Nation communities including Mattagami First Nation, Wahgoshig First Nation, Matachewan First Nation and Flying Post First Nation. The agreement establishes a framework for continued consultation on existing and future operations in the Timmins area and defines long-term benefits for the four First Nation communities. Under the agreement, Goldcorp recognizes and respects Aboriginal rights and interests in the area of the Porcupine Gold Mines operation and the four First Nation communities recognize and support Goldcorp's rights and interests in the operation and future development of the mine. The agreement also reflects Goldcorp's commitment to protecting the environment and supporting Aboriginal social and cultural practices in a spirit of continued collaboration.