Robert McEwen our Man of the Year
The Northern Miner’s Man of the Year in 2002, Rob McEwen of Goldcorp (G-T), has probably squeezed more shareholder value out of a small number of assets than anyone else in the gold business.McEwen, a…
Wharf Mine
Goldcorp earnings up
When asked what it did last summer, Goldcorp (G-T) has both an interesting and a lucrative story to tell. It made money from mining gold, holding gold, and from dabbling in the stock market.Goldcorp p…
Goldcorp’s Red Lake Canada’s largest gold mine
Move over Golden Giant and Eskay Creek. The new Red Lake mine, owned and operated by Toronto-based Goldcorp (G-T), has become Canada’s largest gold operation, based on this year’s revised production e…
Goldcorp set to recover from loss
Heafty unusual costs pulled Goldcorp (G-T) deep into the red last year. The losses totalled $19.3 million (or 24 per share) on revenue of $61.3 million, compared with earnings of $10.6 million (14 p…
Goldcorp continues Red Lake development
Though focused on developing its Red Lake mine in northwestern Ontario, Goldcorp (G-T) has also managed to turn a small profit at its operations elsewhere in North America.For the first nine months of…
Grades still consistent at Red Lake
Delineation drilling at the Red Lake mine in northwestern Ontario continues to confirm the grades and widths measured in earlier drilling.Goldcorp (G-T) has been delineating mineralization below the m…
NEVADA & THE WESTERN STATES — Wharf mine a solid producer for Goldcorp
While most of the attention directed toward Goldcorp (G-T) is related to its Red Lake development in Ontario, the Toronto-based company has been quietly cranking out gold at its expanded Wharf mine in…
Goldcorp funds mine — Red Lake mine to start up in late 2000
A recently closed $60-million financing will enable Goldcorp (G-T) to step up development of its Red Lake gold mine in Balmertown, Ont.In a deal with a syndicate led by Griffiths McBurney & Partners, …
Term loan to finance Red Lake expansion (January 11, 1999)
Three banks have entered an agreement to provide US$60 million to Goldcorp (G-T) for the expansion of its Red Lake mine in northwestern Ontario.The loan, to be provided by the Bank of Montreal, the Ba…
NEVADA AND THE WESTERN STATES — Clinton gets green light
The South Dakota Board of Minerals and Environment has unanimously approved a large-scale mine permit for the Clinton gold project, situated just east of the Wharf mine in the state’s Black Hills regi…
Production costs at Red Lake hamper Goldcorp’s earnings
Revenue and earnings of Goldcorp (TSE) were down for the first nine months of 1995, as the company devoted much of its resources to development.Goldcorp earned $4 million or 13 cents per share on reve…
Production shortfall lowers Goldcorp earnings
Three disadvantages combined to dampen second-quarter earnings for Goldcorp (TSE): a drop in gold production; a lower realized gold price; and higher operating costs at the Wharf mine in South Dakota….