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Stock Market & Financial Investment News

News Breaks
April 2, 2014
10:03 EDTGGGoldcorp suspends operations at Los Filos pending occupancy agreement renewal
Goldcorp announced that its Los Filos mine in Guerrero State, Mexico has suspended operations following unsuccessful efforts with the Carrizalillo Ejido to reach a negotiated settlement to renew the occupancy agreement that expired on March 31. Certain activities related to environmental safeguards and site security will continue during the suspension. The company continues to hold discussions with Ejido representatives to expeditiously resolve the situation with the goal of ensuring the long-term sustainability of operations amid a lower gold price environment and significantly higher Mexican tax obligations. The Los Filos mine directly employs more than 2,600 people from the surrounding communities with an estimated 10,000 additional jobs created as a result of the mine's presence in the region.
News For GG From The Last 14 Days
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November 25, 2014
05:07 EDTGGGoldcorp 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.
November 21, 2014
05:58 EDTGGGoldcorp implied volatility of 41 at upper end of index mean range
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November 13, 2014
06:07 EDTGGGoldcorp implied volatility of 45 at upper end of index mean range
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