Red Lake ground conditions dogs Goldcorp's Q1

Problems with ground conditions at Canadian gold major Goldcorp’s flagship Red Lake mine in Ontario during the first quarter have forced the Vancouver-based company to relook its 2012 guidance, it said on Wednesday. During the first three...

Phoenix gold project, Canada

The Phoenix project is located next to Goldcorp’s Red Lake mine, in northern Ontario.

Rubicon to raise C$200m to build Phoenix project

Rubicon Minerals, hoping to build a gold mine next to one of Canada’s biggest, took advantage of the run-up in its share price so far this year, announcing a C$200.9-million bought deal financing. The cash will go towards building the Phoenix...

Red Lake Complex, Canada

An underground mines, situated in Canada.

Rubicon would make attractive target - analyst

While Canada’s Goldcorp might be more interested in buying TSX-listed Rubicon Minerals than most other companies, it won’t be the only gold major having a sniff, Northland Capital analyst Catherine Gignac said on Wednesday. Rubicon, which...

Goldcorp mulls openpit, more milling capacity at Red Lake

Canada's second-biggest gold miner, Goldcorp, expects to have a clearer picture by the end of next year of what its historic Red Lake camp, in north-west Ontario, will look like in the longer term, CEO Chuck Jeannes said on Thursday. The Red Lake...

Goldcorp adj earnings rise, hikes output forecast

Canada's second-biggest gold-miner, Vancouver-based Goldcorp, reported lower third-quarter net earnings late on Wednesday, mainly thanks to a noncash forex gain a year earlier, but posted increased core earnings and raised its production...

Goldcorp CEO 'won't argue' with $1 200 - $1 500/oz gold in next few years

In one of the first interviews he gave after replacing Kevin McArthur as CEO of Canadian gold miner Goldcorp, in January, Chuck Jeannes went on record with a prediction that bullion prices would beat the all time record before the year was out....

Goldcorp mulls next moves at Red Lake camp

Canada's second biggest gold-miner, Goldcorp, is "looking at everything", as it considers the next stages of development at its historic Red Lake gold camp, in north-west Ontario, CEO Chuck Jeannes said on Thursday. The firm has reactivated plans...

Goldcorp reports Q2 net loss, cuts 2008 forecasts

Canadian gold-miner Goldcorp reported a net loss of $9,2-million for the second quarter of 2008, compared with net income of $2,9-million a year ago, after recording a noncash foreign exchange expense on the revaluation of future income tax...

Acquisition adds missing piece to Goldcorp's Red Lake plans

Plans by Canada's second-biggest gold-miner, Goldcorp, to buy explorer Gold Eagle Mines, for C$1,5-billion, locked into place an “important piece” of the company's future, and, in particular, its soon-to-be announced plans to optimise its...

Agnico-Eagle buys stake in Red Lake hopeful Gold Eagle

Toronto-based Agnico-Eagle Mines has bought a stake in coincidentally-named explorer Gold Eagle Mines, for some C$50-million, the smaller firm announced on Thursday. Agnico-Eagle has bought shares and warrants which will give it 7,16% of Gold...