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The Earth Times Online Newspaper (Free subscription) | 08/01/2008
... zone. Bruce Channel Red Lake, Ontario Map: New Red Lake Gold Deposits Map: Yesterday, Mr. Kevin McArthur of Goldcorp reported that Goldcorp Inc. and Gold Eagle Mines Ltd. have signed an agreement whereby Goldcorp will acquire, through a friendly plan of arrangement, all outstanding shares of Gold Eagle Mines. "This transaction secures for Goldcorp full control of eight kilometres...
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PR News Wire (Free subscription) | 08/01/2008
... New Red Lake Gold Deposits Map:
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sign)maps/CYP-Picture2.jpg
Yesterday, Mr. Kevin McArthur of Goldcorp reported that Goldcorp Inc.
(TSX: G) and Gold Eagle Mines Ltd. (TSX: GEA) have signed an agreement
whereby Goldcorp will acquire, through a friendly plan of arrangement, all
outstanding shares of Gold Eagle Mines.
"This transaction secures for Goldcorp full control of...
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atHome Top Story (Free subscription) | 08/01/2008
... our company and this acquisition locks into place an important piece of our future," Goldcorp CEO Kevin McArthur said on a conference call.The stock-and-cash arrangement is valued at $1.5 billion, with a maximum of $691 million in cash.The acquisition was announced as Goldcorp reported a second-quarter loss and lowered its production estimates for 2008.The company, which reports in...
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Market Wire - Earnings Reports (Free subscription) | 07/31/2008
... of $275 per ounce in the first half of the year despite industry-wide cost pressures," said Kevin McArthur, President and Chief Executive Officer. "Our low-cost portfolio of mines provided strong cash flow growth in the first six months amid a continued high gold price environment. However, gold production was approximately 10% lower than expected, and some of the factors causing...
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Market Wire - Manufacturing and Production: Mining and Metals (Free subscription) | 07/31/2008
... 8 kilometres of strike length in the heart of the world's richest high grade gold district," said Kevin McArthur, Goldcorp's President and Chief Executive Officer. "Nearly 200 drill holes have defined an impressive gold deposit at Bruce Channel, with potential for additional expansion over time. Development of this strategically important zone can now move forward with our adjoining...