Eastmain Resources Inc. Announces Goldcorp to Participate in Future Exploration At Eleonore South Project as a Joint Venture

Eastmain Resources Inc. announced that Les Mines Opinaca Ltee., a wholly-owned subsidiary of Goldcorp Inc., has elected to terminate its right to increase its interest by 6.67% in the Eleonore South project in favour of proceeding with future exploration as a joint venture. Eastmain will continue to... Read more..

Mining company Goldcorp Inc. to buy junior natural resource company Gold Eagle for $1.46B

Mining company Goldcorp Inc. has told the pres that the company will acquire Canada’s Gold Eagle Mines Ltd. for $1.46 billion in cash and stock in a move to capture the Bruce Channel gold discovery. Under terms of the deal, each share of Gold Eagle not already owned by Goldcorp will be exchanged... Read more..

Mining company Goldcorp Inc. reports unexpected 2nd-quarter loss on lower production

Mining company Goldcorp Inc has just published a report saying that reported a loss in the second-quarter on lower-than-expected gold production and tax-related charges, and warned production will decline in 2008. Goldcorp reported a loss of $9.2 million, or 1 cent per share, compared with earnings of... Read more..

Mining company Goldcorp Inc. lowers production outlook for 2008 on delays, cost pressures

Mining company Goldcorp Inc. told the press that the company lowered its production outlook for the rest of the year, citing production delays, industry-wide cost pressures and a previously reported shortfall. The company now expects to produce 2.3 million to 2.4 million ounces of gold at a total cash... Read more..

Goldcorp Consolidates Red Lake District With $1.5 Billion Acquisition of Gold Eagle

Goldcorp Inc. announced an agreement whereby Goldcorp will acquire, through a friendly plan of arrangement, all outstanding shares of Gold Eagle. Gold Eagle’s principal asset is the world class Bruce Channel gold discovery which is situated along the prolific Red Lake Trend, adjacent to Goldcorp’s... Read more..

Tag: goldcorp consolidates red lake districtwith 1 5 billion acquisition of, goldcorp red lake

Terrane and Goldcorp Sign Definitive Credit and Option Agreements

Terrane Metals Corp. is pleased to announce that it has signed the following definitive agreements (the “Definitive Agreements”) in furtherance of its previously disclosed letter agreement (the “Letter Agreement”) dated May 22, 2008, in respect of a credit agreement (the “Credit... Read more..

Goldcorp Provides Information on Marlin Power Supply Interruptions

GOLDCORP INC. announced that the Marlin mine in Guatemala has experienced power interruptions as a result of tampering with lines supplying power to the mine site, resulting in periodic idling of the mill facility. Mining activities at the underground and open pit have been largely unaffected and ore... Read more..

Goldcorp shares advance to record high as gold prices continue to gain on the Nymex

Shares of Goldcorp Inc. shot to a fresh all-time high on Friday as the price of gold marched higher. Shares of the Vancouver, British Columbia, gold miner advanced $2.02, or 4.6 percent, to close at $46.36. Earlier in the session, shares touched $46.98, their highest-ever trade. Gold for August delivery... Read more..

Temex continues to intersect high grade gold Whitney Township Property, Timmins Gold Camp

Temex Resources Corp. to provide further drill results from an ongoing 15,000 metre diamond drill program on the Whitney Township Property located in the Timmins Gold Camp. Drilling continues to intersect high grade gold within the 19 Vein system, the main target of the current drilling, with significant... Read more..

Temex intersects high grade gold: 271 g/t gold extension of lower Hallnor vein systems confirmed

Temex Resources Corp. (TSX Venture:TME, Frankfurt:TQ1) (”Temex” or the “Company”) announces that initial drilling has intersected high grade gold mineralization from the deep drill program on the Whitney Township Property located within the 65 million ounce Timmins Gold Camp.... Read more..