New User:

Forgot your password?

Stock Market & Financial Investment News

News Breaks
May 5, 2014
09:07 EDTGGGoldcorp resumes operations at Los Filos mine
Goldcorp announced that its Los Filos mine in Guerrero State, Mexico has resumed all operations following a negotiated settlement with the Carrizalillo Ejido for a new land occupancy agreement with a five-year term. Operations at Los Filos had been suspended since April 2. Due to the suspension, forecast 2014 gold production at Los Filos is expected to be at the low end of the mine's guidance range of between 330,000 and 345,000 ounces. Goldcorp has reconfirmed overall company guidance of between 2.95 and 3.10 million gold ounces for the year. 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
Sign up for a free trial to see the rest of the stories you've been missing.
November 13, 2014
06:07 EDTGGGoldcorp implied volatility of 45 at upper end of index mean range
Subscribe for More Information
November 7, 2014
12:28 EDTGGGoldcorp withdraws environmental impact study for El Morro project
Goldcorp announced that it has withdrawn its Environmental Impact Study for the El Morro copper-gold project in Chile. In October, 2013, the Atacama Region environmental authority issued a new Environmental Assessment Resolution approving the EIS. On October 7, the Chilean Supreme Court issued a final ruling that served to invalidate RCA 232. In withdrawing its EIS, Goldcorp respects the final decision of the Chilean Supreme Court and reiterates its commitment to open and transparent dialogue with all stakeholders and to upholding the highest standards of health, safety, and environmental stewardship everywhere Goldcorp operates. The El Morro project team has commenced new studies to determine the optimal new development plan for the El Morro project that meets Goldcorp's investment return criteria. At December 31, 2013, the El Morro project on a 70% basis contains proven and probable gold reserves of 6.73M ounces (449.51Mt @ 0.47g/t Au) and proven and probable copper reserves of 4.89B pounds (449.51MT @ 0.49% Cu). The project comprises a large, 36 square-kilometer land package with significant exploration potential.

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the disclaimer & terms of use