|Bid||11.12 x 41800|
|Ask||11.45 x 38500|
|Day's Range||11.15 - 11.49|
|52 Week Range||8.42 - 14.42|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||12.37|
Newmont Goldcorp Corp said on Tuesday it had suspended payments and social programs to workers, suppliers, and villages around its Mexico's largest gold mine in response to a blockade by a contractor and members of one of the 25 communities. Newmont Goldcorp on Monday suspended operations at the Penasquito mine because of the month-long blockade. Goldcorp's 2017 Mexico operations generated operating costs, wages and benefits, community contributions and government payments of $837 million, from $1.4 billion in revenue, the company said in its most recent sustainability report.
Moody's Investors Service ("Moody's") is withdrawing the credit ratings of Goldcorp Inc. (Goldcorp), including its Baa3 Issuer Rating, and its Baa3 senior unsecured rating following Newmont Mining Corporation's acquisition of Goldcorp Inc. The acquisition of Goldcorp by Newmont Mining was concluded on April 18, 2019 and Newmont Mining changed its name to Newmont Goldcorp Corporation.
Moody's Investors Service ("Moody's") assigned a Baa2 rating to Newmont Goldcorp Corporation's (Newmont) 3.625% senior unsecured notes due June 9, 2021, its 3.7% senior unsecured notes due March 15, 2023 and its 5.450% senior unsecured notes due June 9, 2044. The new notes have been issued under an exchange offer for Goldcorp Inc.'s (Goldcorp) notes of like amount, rate and maturity in conjunction with Newmont's acquisition of Goldcorp.
Newmont and Goldcorp Merge, Form World’s Largest Gold Company(Continued from Prior Part)World’s largest gold-mining company The completion of the Newmont Mining (NEM) and Goldcorp (GG) merger on April 18 created the world’s largest gold
Newmont and Goldcorp Merge, Form World’s Largest Gold CompanyNewmont-Goldcorp merger On January 14, Newmont Mining (NEM) agreed to pay a 17% premium to acquire stock from Goldcorp (GG). However, there were several obstacles along the way before
TORONTO, April 18, 2019 /PRNewswire/ - Goldcorp Inc. (NYSE: GG, TSX: G) ("Goldcorp") and Newmont Goldcorp Corporation (NYSE: NEM, TSX: NGT) ("Newmont Goldcorp" or "the Company") today announced the successful conclusion of the transaction combining Newmont Mining Corporation and Goldcorp to form the world's leading gold business. Newmont Goldcorp features an unmatched portfolio of assets, prospects and talent.
Goldcorp (GG) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Newmont Mining Corporation today announced that it has extended the previously announced offers to exchange any and all outstanding notes issued by Goldcorp Inc.
VANCOUVER , April 12, 2019 /CNW/ - Goldcorp Inc. (NYSE: GG, TSX: G) ("Goldcorp" or the "Company") today announced that Newmont Mining Corporation (NEM) ("Newmont") has received Investment Canada Act approval in connection with the previously-announced plan of arrangement (the "Arrangement"), whereby Newmont will acquire all outstanding common shares of Goldcorp. The arrangement has previously received shareholder approval and clearance under the Competition Act ( Canada ). Newmont and Goldcorp expect the transaction to close on April 18, 2019 , subject the satisfaction of customary closing conditions.
Cannabis brand Canopy Growth Corporation (TSX: WEED) (NYSE: CGC ) announced it will join the S&P/TSX 60 Index, replacing Goldcorp Inc. (NYSE: GG ) on the Index. Canopy’s addition to the S&P/TSX 60 Index ...
Newmont Mining shareholders on Thursday approved the company's $10 billion takeover of Goldcorp Inc which is set to create the world's biggest gold producer with assets across the Americas, Africa and Australia. About 98 percent of votes at a special meeting were in support of Newmont's proposal to issue new stock to fund its takeover of Goldcorp, the Denver-based company said in a statement. Goldcorp's investors voted to approve the acquisition last week.
VANCOUVER, April 11, 2019 /PRNewswire/ - Goldcorp Inc. (NYSE: GG, TSX: G) ("Goldcorp" or the "Company") today welcomed Newmont Mining Corporation's (NEM) ("Newmont") favorable shareholder vote in connection with the previously announced plan of arrangement (the "Transaction") to combine with Goldcorp at a special meeting of shareholders (the "Meeting") held earlier today. The issuance of the Newmont shares in connection with the Transaction was approved by greater than 98% of votes cast by Newmont shareholders, either in person or by proxy at the Meeting. In addition, the related resolution to increase Newmont's authorized common stock was approved by 76% of the shareholders.
Newmont Mining Corporation (NEM) (Newmont or the Company) today announced that the Company’s shareholders voted overwhelmingly to approve the authorization and issuance of Newmont common shares in connection with the proposed transaction with Goldcorp Inc. (NYSE: GG, TSX: G) (Goldcorp). On April 4, 2019, Goldcorp’s shareholders also voted overwhelmingly in support of the combination with more than 97 percent of votes cast in favor of the transaction.
Swiss gold refiner Valcambi has lost a contract to refine around 4 million ounces of gold a year from Newmont Mining Corp, one of the world's biggest producers, five sources familiar with the matter told Reuters. U.S.-based Newmont put the contract up for tender last year and has split the business between three of Valcambi's rivals - Asahi in the United States and Argor-Heraeus and PAMP in Switzerland, the sources said. Valcambi, Argor-Heraeus, PAMP, Asahi and Newmont all declined to comment.
VANCOUVER, April 8, 2019 /PRNewswire/ - Goldcorp Inc. (NYSE: GG, TSX: G) ("Goldcorp" or the "Company") and Newmont Mining Corporation (NEM) ("Newmont") are pleased to announce that Goldcorp has obtained a final order from the Ontario Superior Court of Justice (Commercial List) approving the previously announced plan of arrangement (the "Arrangement"), whereby Newmont will acquire all outstanding common shares of Goldcorp in exchange for 0.3280 of a share of Newmont common stock and $0.02 in cash for each Goldcorp common share.
Newmont (NEM) expects the deal to close in Q2, which is subject to approval by Newmont's shareholders along with satisfaction of customary closing conditions and regulatory approvals.
The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy. THE GLOBE AND MAIL ** Goldcorp Inc shareholders have voted ...