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Goldcorp Inc says it's in 'great shape' despite Q4 earnings hit

TORONTO –  Weak gold prices are hurting the bottom line at Goldcorp Inc., but chief executive Chuck Jeannes maintains he is happy with the company’s current position. 389 more words


Canadian gold miners raising nearly $800 million as financing window opens

The financing window is open for Canadian gold miners, and they are rushing through it at a frantic pace before it shuts.

Six companies have announced bought deal offerings since Tuesday evening: Romarco Minerals Inc., Detour Gold Corp., Osisko Gold Royalties Ltd., Primero Mining Corp., Asanko Gold Inc., and Richmont Mines Corp. 436 more words


What you need to know before the TSX opens

The Toronto stock market looks for a lower open today amid falling prices for oil and copper and speculation about how the Chinese economy fared in the latest quarter. 428 more words


Goldcorp Inc to buy Probe Mines for $526 million to win control of northern Ontario's Borden Gold project

TORONTO – David Palmer was not out looking for a takeover bid. But as his company’s gold discovery got more and more promising, it started to become inevitable. 504 more words


Goldcorp chairman Ian Telfer reflects on his career as he accepts prestigious award

Ian Telfer is about to accept a lifetime achievement award, but he has no intention of slowing down. The 68-year-old entrepreneur and chairman of Goldcorp Inc. 848 more words


Inglorious writedowns: Gold sector's bad bets wiping out lifetime earnings — and investor confidence

TORONTO – Goldcorp Inc. could soon join an inglorious group: large gold miners that have a net loss to show for their entire history as corporate entities. 584 more words


Goldcorp Inc warns of massive writedown of up to US$2.7B on Argentina mine

Goldcorp Inc. expects to record a massive writedown of up to US$2.7 billion on its new Cerro Negro mine in Argentina due to ongoing political and economic challenges in that country. 462 more words