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Goldcorp

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1750: 685:, because pollution from the tailings dam and windblown particulates have contaminated rivers and killed local livestock who ingested the toxins. Local communities say that the mine has ruined their lives and caused many health problems: skin lesions are common; children are sickened by chemical vapors; and agricultural land is no longer productive. Local people have asked to be relocated away from the mine since 2013, but the government nor the company have responded to their requests. 1922: 29: 210: 190: 170: 150: 704: 276:
by advocacy groups and activists, contaminating areas with toxic heavy metals by its mining activities. These allegations have been denied by the company and none have been proven in a court of law. The company's track record around transparency, policies and practices has improved since a damning 2010 study accused the company of human rights violations.
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in the blood of Hondurans living downstream from Goldcorp's San MartĂ­n mine, located in the Siria Valley. While people living in the valley had equated their health problems with the mine's operations since it opened in 1999, both the company and the Honduran government disputed the study's findings.
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in Cerro Casale and 100% interest in the Quebrada Seca exploration project for US$ 260 million and a 1.25% royalty interest in favor of Kinross on 25% of gross revenues from payable metal from Cerro Casale and Quebrada Seca, with Kinross foregoing the first $ 10 million payable, a contingent payment
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In June 2016, Goldcorp was named one of Corporate Knights magazine's Best 50 Corporate Citizens in Canada. In the same year, the company was also ranked among Canada's Top 100 Employers. Goldcorp has repeatedly been accused of harming the environment, livestock, and public health in multiple studies
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On 15 July 2012, the self-organized International Peoples’ Health Tribunal, a panel of twelve "judges" with backgrounds in science, health, ecology, and human rights met in Guatemala to hear testimony relating to the effects of Goldcorp's South American mines. After the two-day tribunal, the panel
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In January 2017, Goldcorp reported preliminary full year 2016 production totaling 2.873 million ounces of gold at all-in sustaining costs of around $ 850 per ounce. The Company expects to increase total annual gold production by over 20% over the next five years to more than three million ounces
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In 2000, Goldcorp founder Rob McEwen launched the Goldcorp Challenge, sharing with the public the company’s geological data with the offer of $ 575,000 in prizes to those who could help locate Red Lake mine’s next six million ounces of gold. The challenge was successful, with more than 110 sites
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detected acidic mine drainage, whereby sulphides in the rock are exposed to oxygen and water and produce sulphuric acid, which can have devastating effects on animals and plants. A follow-up study by the same university found evidence of "severe" contamination in the form of highly acidic and
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Since the closure of San Martin mine in 2008, the 1,500 hectare former mine site has been reclaimed into agricultural farmland and the former camp facilities remodeled into an ecotourism hotel. These developments have since provided employment, skills training and new investment to the area.
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Goldcorp’s operating assets included mines in Canada, Mexico, Central and South America. Goldcorp also has a number of projects including the Coffee, Cochenour and Borden projects in Canada, and NuevaUnión (formerly known as Project Corridor), a joint venture with Teck Resources in Chile.
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At the request of Goldcorp shareholders, an independent human rights impact assessment (HRIA) was conducted by external auditors in 2010. Goldcorp has since implemented all recommendations from the HIRA, including the publishing of an official Human Rights Policy in 2010.
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of the Dominican Republic where mining operations started in 2012 and expect to cease in 2041. It is the largest gold mine in Latin America and 13th largest gold mine in the world. The mine is run by Pueblo Viejo Dominicana Corporation (PVDC), which is 60% owned by
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workers about the damage they believe mining companies were doing to the people, the land, and the culture of Guatemala. The same news program ran a four-part documentary entitled "Paradise Lost" which explored some of the controversy surrounding Goldcorp's
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practices with safe, low-cost production in areas of low political risk. Through the consistent application of its business strategy, Goldcorp has achieved significant growth, industry recognition, and numerous awards.
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have found the company's methods to extract gold from low-grade deposits also releases other toxic heavy metals such as arsenic, mercury and lead, contaminating streams and groundwater. The first study from
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to Leagold Mining for US$ 350 million. The transaction included US$ 279 million in cash and $ 71 million in common shares of Leadgold. Goldcorp also nominated Russell Ball, the Leagold's board of directors.
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identified and more than 80 percent of sites yielding significant gold reserves. The challenge helped turn the company from a struggling enterprise into one of the most profitable in the industry.
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In 2015, production totalled 909,400 ounces for the fourth quarter and 3,464,400 ounces for the full year 2015, compared to 890,900 ounces and 2,871,299 ounces, respectively, in 2014.
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Honduran authorities, the company said, took water samples during three visits in 2008 and all pH measurements were normal. They also reviewed and approved the mine's closure plan.
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of $ 40 million payable after a construction decision at Cerro Casale, and assumption of a $ 20 million obligation to Barrick payable on commercial production at Cerro Casale.
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Goldcorp was officially incorporated in 1994. Following a period of M&A activity, the company quickly grew to become a leading gold producer. The company is focused on
563:, the world’s second-largest producer of gold, with the merged "Newmont Goldcorp" to be the world’s largest producer. In 2020, the merged company's name was shortened to 2653: 2834: 1951: 1777: 1210: 2814: 265:
and related activities including exploration, extraction, processing and reclamation. Goldcorp’s operating assets included eleven mines in North and South America.
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Pueblo Viejo employs approximately 2,350 employees and 2,500 contractors. The economic activities of the mine represent 2% of the Dominican Republic’s
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to consolidate the Maricunga Gold Belt in the Atacama Region of northern Chile. On June 9, Goldcorp acquired the minority 25% interest held by
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found Goldcorp financially liable for health and ecological damages to the communities near its mines in Honduras, Guatemala, and Mexico.
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operation, and investigated the economic, environmental, and social costs and benefits of Canadian mining operations in Central America.
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The environmental, economic and human impact of the company’s Latin American mines has been a controversial topic for a number of years.
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Blog Coverage Goldcorp Announced Sale of Cerro Blanco Project to BlueStone; Provided Marlin Mine Update, Yahoo Finance. 13 January 2017
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In January 2017, Goldcorp announced it had divested two non-core assets through the sales of the Cerro Blanco Gold Project in
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A week-long protest and blockade disrupted operations at the Peñasquito mine during the first week of October 2017.
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metal-rich water from the mine site flowing into a stream used by villagers for agriculture and domestic purposes.
560: 269: 552:'s 4% gold stream on the El Morro deposit. The El Morro deposit is part of NuevaUniĂłn, a 50/50 joint venture with 2497: 2392: 2277: 1926: 2728: 2678: 2492: 774: 2612: 2547: 2502: 2117: 1894: 1814: 1481: 332: 2733: 2582: 2217: 682: 675: 618: 527: 51: 1036:"Goldcorp Completes 50/50 Joint Venture Formation with Barrick Gold to Develop Maricunga District, Chile" 988:"Goldcorp and Barrick Gold to Consolidate Cerro Casale and Caspiche Gold Projects in 50/50 Joint Venture" 2748: 2592: 2512: 2477: 2292: 2122: 2027: 1307:
Newmont starts 2020 with a new name and a big gift for shareholders by Danielle Bochove, Bloomberg News.
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In Q1 2017, Goldcorp reported net earnings of US$ 170 million and production of 655,000 ounces of gold.
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In Q2 2017, Goldcorp reported net earnings of US$ 135 million and production of 635,000 ounces of gold.
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In 2016, Goldcorp produced 2.873 million ounces of gold at all-in sustaining costs of $ 856 per ounce.
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The company proposed to expand the mine in 2019, meeting with fierce resistance from communities in
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Goldcorp, Teck Complete Project Corridor Transaction Engineering and Mining Journal. January 2016
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A study by Italian activist Flaviano Bianchini in 2006 found dangerous levels of
2693: 2683: 2522: 2402: 2267: 2167: 2162: 2147: 1987: 1611: 1559:"Barrick agrees to independent environmental studies for Pueblo Viejo expansion" 722: 627: 262: 2617: 2282: 699: 182: 116: 88: 1341:"Goldcorp's Marlin mine: a decade of operations and controversy in Guatemala" 2602: 2482: 2327: 2307: 2142: 1997: 1909: 1189:"Bluestone Resources to Acquire Cerro Blanco Gold Project from Goldcorp Inc" 915:"Goldcorp Inc. overall winner in 2015 for excellence in corporate reporting" 824: 534: 254: 688: 621:'s W5, published on their website on April 17, 2010, reported criticism by 28: 803: 759: 389:
In June 2017, Goldcorp announced it had formed a 50/50 joint venture with
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In 2017, Goldcorp announced it had formed a 50/50 joint venture with
213: 193: 173: 153: 1080:"Goldcorp says protesters end blockade at Peñasquito mine in Mexico" 1715:"The Canadian Mining Company Dominicans Call "Worse Than Columbus"" 678:
and Pueblo Viejo is the largest corporate taxpayer in the country.
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British Columbia Society for the Prevention of Cruelty to Animals
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In 2009, two studies commissioned by the UK-based advocacy group
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On 14 January 2019, Goldcorp agreed to a merger acquisition by
1834: 745:"Goldcorp Inc: Income Statement — 12 months ending 2016-12-31" 1014:"Leagold Mining Completes Acquisition of Los Filos Gold Mine" 1533:"Barrick's Investment in Pueblo Viejo to Boost Contribution" 1150:"Goldcorp Reports Fourth Quarter and Full Year 2016 Results" 1743: 1255:"Goldcorp Announces Acquisition of Gold Stream at El Morro" 1388:"Searching for gold at the end of the Guatemalan rainbow" 537:
to Bluestone Resources, as well as the Los Filos Mine in
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Companies formerly listed on the Toronto Stock Exchange
1058:"Kinross Gold Completes Sale of Cerro Casale Interest" 962:"Kinross Gold Completes Sale of Cerro Casale Interest" 548:
In February 2017, Goldcorp announced it had purchased
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Methodology: FY2010/11 revenues of over US$ 5 billion
1128:"Goldcorp Reports Q1 Net Earnings of US$ 170 Million" 1106:"Goldcorp Produces 635,000 Ounces of Gold in Q2 2017" 2810:
Non-renewable resource companies established in 1994
1320:"LATIN AMERICA: Protests Mount Against Mining Giant" 1281:"Newmont Mining to buy Goldcorp in huge gold merger" 841:"Newmont Mining to buy Goldcorp in huge gold merger" 2631: 1975: 1584:Herrera, Viviana; Morrill, Jan (December 2, 2022). 230: 220: 200: 180: 160: 144: 134: 110: 94: 84: 66: 58: 43: 35: 556:that combines the Relincho and El Morro deposits. 526:As of the third quarter of 2014, Goldcorp was the 377:In April 2017, Goldcorp closed on the sale of its 2654:British Columbia Resources Investment Corporation 2058:British Columbia Maritime Employers' Association 890:"Goldcorp Inc. - Dispelling the Myths of Marlin" 272:, the world’s second-largest producer of gold. 1952: 1771: 990:. www.juniorminingnetwork.com. Archived from 8: 1693:Center for Human Rights & Global Justice 1016:. www.juniorminingnetwork.com. April 7, 2017 343:Alumbrera mine (Argentina - 37.5% ownership) 21: 1211:"Goldcorp Announces Sale of Los Filos Mine" 1191:. juniorminingnetwork.com. January 12, 2017 1060:. www.juniorminingnetwork.com. June 9, 2017 658:is an open-pit gold and silver mine in the 2800:Canadian subsidiaries of foreign companies 2588:Vancouver Orphan Kitten Rescue Association 1959: 1945: 1937: 1778: 1764: 1756: 1748: 868:"2016 Best 50 results | Corporate Knights" 355:NuevaUniĂłn project (Chile - 50% ownership) 27: 20: 1152:. juniorminingnetwork.com. Archived from 438: 2835:1994 establishments in British Columbia 1511:U.S. Securities and Exchange Commission 1174:Simon Walker, "Gold: new fundamentals, 775:"Company Profile for Goldcorp Inc (GG)" 733: 691:who would be impacted by the expansion. 528:world's fourth-largest producer of gold 2815:Canadian companies established in 1994 825:Goldcorp, Energy, Oil and Gas Magazine 2093:Central City Brewers & Distillers 1434:"Goldcorp on Trial - The Indypendent" 1335: 1333: 393:to develop the Maricunga District in 7: 1482:"13 Biggest Gold Mines in the World" 340:(Dominican Republic - 40% ownership) 253:production company headquartered in 2473:Premium Brands Holdings Corporation 1636:Saunders, Sakura (April 27, 2018). 2088:Canucks Sports & Entertainment 1480:Saleem, Fahad (January 22, 2023). 14: 1921: 1920: 1695:. NYU School of Law. May 1, 2023 1176:Engineering & Mining Journal 702: 647:This section is an excerpt from 642:Pueblo Viejo, Dominican Republic 209: 208: 189: 188: 169: 168: 149: 148: 2805:Gold mining companies of Canada 617:An investigative report by the 1610:Ross, Kelsey (July 15, 2015). 1539:. Yahoo! Finance. May 28, 2019 1309:Financial Post. 6 January 2020 268:In 2019, Goldcorp merged with 1: 2820:2019 mergers and acquisitions 2033:BC Liquor Distribution Branch 1983:49th Parallel Coffee Roasters 1805:Aluminum Corporation of China 1130:. www.juniorminingnetwork.com 1108:. www.juniorminingnetwork.com 1038:. www.juniorminingnetwork.com 2825:Companies based in Vancouver 2353:Justason Market Intelligence 2458:Parallel 49 Brewing Company 1368:. London. December 31, 2009 1178:, Feb. 2015, v.216 n.2 p.34 486:Cash & Cash Equivalents 442:Financials (US $ Millions) 100:Vancouver, British Columbia 72:; 30 years ago 2851: 2543:Steamworks Brewing Company 2413:Mountain Equipment Company 2128:Coast Mountain Bus Company 2003:Advanced Cyclotron Systems 1423:, Retrieved March 3, 2012. 1400:, Retrieved March 3, 2012. 796:"Goldcorp - Our Workforce" 681:The mine has generated an 646: 561:Newmont Mining Corporation 349:Cochenour project (Canada) 270:Newmont Mining Corporation 2498:Ritchie Bros. Auctioneers 2393:McLean Group of Companies 2313:Hospital Employees' Union 2278:Great Northern Way Campus 1918: 1800: 1791: 1507:"Annual Information Form" 1257:. juniorminingnetwork.com 1235:. juniorminingnetwork.com 1213:. juniorminingnetwork.com 579:San Martin Mine, Honduras 475:Cash Flow from Operations 26: 2729:Pacific Western Airlines 2679:Foley, Welch and Stewart 665:Barrick Gold Corporation 660:Sánchez RamĂ­rez Province 2613:Wheaton Precious Metals 2548:Synthetic Entertainment 2503:Russell Brewing Company 1815:Anglo American Platinum 1563:Canadian Mining Journal 352:Borden project (Canada) 346:Coffee project (Canada) 333:Marlin mine (Guatemala) 156:3,510.00 million (2016) 16:Canadian mining company 2734:The Pas Lumber Company 2583:Vancouver Film Studios 2218:First Quantum Minerals 1786:Major mining companies 1416:March 8, 2012, at the 1393:March 8, 2012, at the 683:environmental conflict 676:gross domestic product 619:CTV Television Network 613:Marlin Mine, Guatemala 497:Total assets at Dec 31 317:ÉlĂ©onore mine (Canada) 2749:Radical Entertainment 2593:Vantage Airport Group 2513:Shavick Entertainment 2493:Ricky's All Day Grill 2478:Prospera Credit Union 2293:Harbour Air Seaplanes 2123:Coast Capital Savings 2028:Ballard Power Systems 1537:Zacks Equity Research 1461:. MDO Data Online Inc 718:Gold as an investment 464:Adjusted Net Earnings 196:162.00 million (2016) 176:369.00 million (2016) 2669:Distinctive Software 2664:Catalena Productions 2358:Kerberos Productions 2228:Freshlocal Solutions 2053:Brightlight Pictures 1326:. February 24, 2007. 1279:(January 14, 2019). 1156:on February 16, 2017 839:(January 14, 2019). 602:Newcastle University 571:Environmental impact 2553:T&T Supermarket 2488:Relic Entertainment 2378:Lululemon Athletica 2138:Crosslight Software 2043:BlueShore Financial 1967:Companies based in 1860:Hindalco Industries 1642:Toronto Media Co-op 1455:"Pueblo Viejo Mine" 669:Newmont Corporation 541:to Leagold Mining. 379:Los Filos gold mine 285:Operating locations 222:Number of employees 216:21.5 billion (2016) 129:(President and CEO) 23: 2769:United Front Games 2759:Rockstar Vancouver 2709:Island Express Air 2608:West Fraser Timber 2448:Pacific Blue Cross 2433:Nintendo of Canada 2383:Lush North America 2368:Klei Entertainment 2348:Jim Pattison Group 2203:Envision Financial 2168:Dollar Tree Canada 1870:The Mosaic Company 1667:MiningWatch Canada 1612:"Tarnished Medals" 1590:MiningWatch Canada 1459:Mining Data Online 1277:The Canadian Press 837:The Canadian Press 756:Forbes Global 2000 516:responsible mining 2782: 2781: 2754:Recon Instruments 2719:Mozilla Messaging 2714:MacMillan Bloedel 2644:Barnard's Express 2528:SoftQuad Software 2443:Ocean Productions 2363:Kin's Farm Market 2243:Gulf & Fraser 2078:Canada Wide Media 1934: 1933: 1820:AngloGold Ashanti 1669:. October 4, 2021 1086:. October 8, 2017 994:on March 29, 2017 667:and 40% owned by 656:Pueblo Viejo mine 649:Pueblo Viejo mine 507: 506: 338:Pueblo Viejo mine 244: 243: 2842: 2744:Propaganda Games 2659:Capcom Vancouver 2533:Squirrel Systems 2428:Next Level Games 2388:Macdonald Realty 2233:Freshslice Pizza 2153:Dairyland Canada 2143:CTBC Bank Canada 2073:Cactus Club Cafe 2068:BroadbandTV Corp 1961: 1954: 1947: 1938: 1927:Mining companies 1924: 1923: 1845:Freeport-McMoRan 1780: 1773: 1766: 1757: 1752: 1747: 1746: 1744:Official website 1730: 1729: 1727: 1725: 1711: 1705: 1704: 1702: 1700: 1685: 1679: 1678: 1676: 1674: 1659: 1653: 1652: 1650: 1648: 1633: 1627: 1626: 1624: 1622: 1607: 1601: 1600: 1598: 1596: 1581: 1575: 1574: 1572: 1570: 1565:. August 3, 2021 1555: 1549: 1548: 1546: 1544: 1529: 1523: 1522: 1520: 1518: 1513:. March 19, 2021 1503: 1497: 1496: 1494: 1492: 1477: 1471: 1470: 1468: 1466: 1451: 1442: 1441: 1430: 1424: 1407: 1401: 1386:Paula Todd, W5, 1384: 1378: 1377: 1375: 1373: 1358: 1352: 1351: 1349: 1347: 1337: 1328: 1327: 1316: 1310: 1304: 1298: 1297: 1295: 1293: 1273: 1267: 1266: 1264: 1262: 1251: 1245: 1244: 1242: 1240: 1229: 1223: 1222: 1220: 1218: 1207: 1201: 1200: 1198: 1196: 1185: 1179: 1172: 1166: 1165: 1163: 1161: 1146: 1140: 1139: 1137: 1135: 1124: 1118: 1117: 1115: 1113: 1102: 1096: 1095: 1093: 1091: 1076: 1070: 1069: 1067: 1065: 1054: 1048: 1047: 1045: 1043: 1032: 1026: 1025: 1023: 1021: 1010: 1004: 1003: 1001: 999: 984: 978: 977: 975: 973: 958: 952: 947: 941: 936: 930: 929: 927: 925: 919:www.cpacanada.ca 911: 905: 904: 902: 900: 894:www.goldcorp.com 886: 880: 879: 877: 875: 864: 858: 857: 855: 853: 833: 827: 822: 816: 815: 813: 811: 806:on June 28, 2016 802:. 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Index


Traded as
TSX
Rob McEwen
Vancouver, British Columbia
Ian Telfer
David Garofalo
Gold
$
Operating income
$
Net income
$
Total assets
$
goldcorp.com
gold
Vancouver
British Columbia
gold mining
Newmont Mining Corporation
Red Lake
Porcupine mine
Musselwhite mine
Peñasquito mine
Cerro Negro mine
Marlin mine (Guatemala)
Pueblo Viejo mine
Hollinger Mines
Barrick Gold

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