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Goldcorp Inc. was a gold production company headquartered in Vancouver, British Columbia, Canada. The company stood among the largest gold producers in the world, employed about 15,800 people worldwide, [ 4 ] engaged in gold mining and related activities including exploration, extraction, processing and reclamation.
After growing 3.35% on the year, on November 8, 2012 Goldcorp leapfrogs Barrick Gold in capitalization – Barrick lost 25% of its market value that year. [69] In the following table are Canada's 10 highest valued gold mining companies for 2010 as well as 6 other mid cap companies.
In 2013 the unit price paid for pure silver was up six cents to $4.12 (incl gold $4.65) while the realized price was down 717 cents to $23.86 (incl gold $23.58). In 2011 though the unit price paid per silver equivalent ounce was only five cents higher at $4.09 it sold each ounce for 67.6% more, in 2010 it was 36.6% more.
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Goldcorp Inc (TSX:G) is currently trading at a trailing P/E of 18.9x, which is higher than the industry average of 10.3x. Although some investors may jump to the conclusion thatRead More...
The Newmont Corporation bought Canadian mining company, Goldcorp in 2019 for USD $10 billion. In 2023, Newmont acquired Newcrest mining for USD $16.8 billion. Newmont has approximately 31,600 [5] employees and contractors worldwide, and is the only gold company in the S&P 500 stock market index.
On November 25, 2019, Newmont Goldcorp announced an agreement to sell the Red Lake complex to Evolution Mining. [5] Newmont announced the completion of the acquisition on March 31, 2020. [ 6 ] As of early 2021, Evolution has announced resources of 2.9 Million oz Au at 6.9 gms Au/tonne, with a further 5.7 Million oz at 7.7 g/t indicated and 5.3 ...