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Goldcorp
Goldcorp Inc. was a gold production company headquartered in Vancouver, British Columbia, Canada. The company employed about 15,800 people worldwide, engaged in gold mining and related activities including exploration, extraction, processing and reclamation. Goldcorp’s operating assets included four mines in Canada, two mines in Mexico, and four in Central America, Central and South America. As of the third quarter of 2014, Goldcorp was the Largest gold companies, world's fourth-largest producer of gold. On January 14, 2019, Goldcorp agreed to a merger acquisition by Newmont Mining Corporation, the world’s second-largest producer of gold, with the merged “Newmont Goldcorp” to be the world’s largest producer. In June 2016, Goldcorp was named one of Corporate Knights magazine's Best 50 Corporate Citizens in Canada. In the same year, the company was also ranked among Canada's Top 100 Employers. Goldcorp has repeatedly been accused of harming the environment, livestock, and ...
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David Garofalo
Goldcorp Inc. was a gold production company headquartered in Vancouver, British Columbia, Canada. The company employed about 15,800 people worldwide, engaged in gold mining and related activities including exploration, extraction, processing and reclamation. Goldcorp’s operating assets included four mines in Canada, two mines in Mexico, and four in Central America, Central and South America. As of the third quarter of 2014, Goldcorp was the Largest gold companies, world's fourth-largest producer of gold. On January 14, 2019, Goldcorp agreed to a merger acquisition by Newmont Mining Corporation, the world’s second-largest producer of gold, with the merged “Newmont Goldcorp” to be the world’s largest producer. In June 2016, Goldcorp was named one of Corporate Knights magazine's Best 50 Corporate Citizens in Canada. In the same year, the company was also ranked among Canada's Top 100 Employers. Goldcorp has repeatedly been accused of harming the environment, livestock, and ...
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Ian Telfer
Ian Telfer is a British-born Canadian mining executive, entrepreneur and former Chairman of Goldcorp Inc. Besides leading Goldcorp, he is known for founding and leading other Canadian mining companies, including TVX Gold, Silver Wheaton Corp., and Uranium One, as well as for his philanthropic efforts that include a donation of $25 million to the University of Ottawa's School of Management, now the Telfer School of Management. Early life and education Ian Telfer was born in Oxford, England. Telfer's father, John Telfer, served as a Royal Air Force pilot, then as an accountant, while his mother worked as a schoolteacher. When Telfer was two years old, his family moved from England to Canada. Telfer's family first lived in Moose Jaw, Canada for five years before moving to the Downsview neighbourhood of Toronto, which is where Telfer was raised. Telfer attended the University of Toronto, graduating from the university with a Bachelor of Arts degree in political science and eco ...
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Largest Gold Companies
There are different methods by which gold mining companies are ranked. One is by their annual production. Another is by their cash cost per ounce, that is, how much money it costs them to mine the gold. Since gold prices are the same everywhere, companies with lower costs per ounce make more profit. The most common method lists by market capitalization which considers the total value of capital holdings by that company. Also considered when comparing companies is their market capitalization per ounce of gold equivalent (sometimes abbreviated MV-GEO, EVO if the enterprise value is used) which takes the market value and total reserves and resources for each company as well as the price of gold into consideration. The figures for each company can be used to determine the value the stock market gives to each company's reserves on an ounce to ounce basis. If the calculation is to exclude financial assets the enterprise value is used instead of market capitalization. EVO = Enterprise ...
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Rob McEwen
Rob McEwen, CM (born April 15, 1950) is a Canadian businessman. He is the chairman and chief executive officer of McEwen Mining and was the founder and former chairman and chief executive officer of Goldcorp. In January 2019, Goldcorp merged with Newmont creating Newmont Goldcorp Corporation, the second largest gold mining company in the world. McEwen followed his father into the investment industry and also developed a passion for gold. As of 2016 he is one of the top one-hundred wealthiest Canadians, with an estimated personal net worth over $800 million. McEwen devised an innovative approach to exploration when he published maps and geological data on one of Goldcorp's properties and invited scientists and engineers around the world to analyze the data and submit drilling plans to Goldcorp to help it find its next gold deposit. Normally such data is considered proprietary and confidential in the exploration and mining industry and some of Mr. McEwen's colleagues were horrif ...
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Barrick Gold
Barrick Gold Corporation is a mining company that produces gold and copper with 16 operating sites in 13 countries. It is headquartered in Toronto, Ontario, Canada. It has mining operations in Argentina, Canada, Chile, Côte d'Ivoire, Democratic Republic of the Congo, Dominican Republic, Mali, Papua New Guinea, Saudi Arabia, Tanzania, the United States and Zambia. In 2019, it produced 5.5 million ounces of gold at all-in sustaining costs of $894/ounce and 432 million pounds of copper at all-in sustaining costs of $2.52/pound. the company had 71 million ounces of proven and probable gold reserves. Barrick has met or beaten market consensus on its financial and operating results for eleven consecutive quarters as of Q3 2021. Barrick had been the world's largest gold mining company until Newmont Corporation acquired Goldcorp in 2019. Barrick expects to produce between 4.6 and five million ounces of gold and between 440 and 500 million pounds of copper in 2020. Chief executive Ma ...
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Kinross Gold
Kinross Gold Corporation is a Canadian-based gold mining, gold and silver mining company founded in 1993 and headquartered in Toronto, Ontario, Canada. Kinross currently operates six active gold mines, and was ranked fifth of the "10 Top Gold-mining Companies" of 2019 by ''InvestingNews''. The company's mines are located in Brazil, Mauritania, and the United States. It trades under the KGC ticker in the New York Stock Exchange, and under K in the Toronto Stock Exchange. Operations Kinross Gold operates mines in North and South America, and West Africa. In 2022, 58% of Kinross gold production is expected to come from the Americas. Fort Knox This property includes a mill, tailings storage, Heap leaching, heap leach facility, the Gil project, and the True North open pit mine, which is closed and under monitoring. Expected to run out of ore in 2021, the mine's life has been extended to 2030 following a $100 million expansion investment announced in 2018, increasing life-of-mine produ ...
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Newmont Mining Corporation
Newmont Corporation is a gold mining company based in Greenwood Village, Colorado, United States. It is the world's largest gold mining corporation. Incorporated in 1921, it owns gold mines in Nevada, Colorado, Ontario, Quebec, Mexico, the Dominican Republic, Australia, Ghana, Argentina, Peru, and Suriname. In addition to gold, Newmont mines copper, silver, zinc and lead. Newmont has approximately 31,600 employees and contractors worldwide, and is the only gold company in the Standard & Poor's 500 stock market index. Newmont is spending $500 million on renewable energy projects through 2025 towards its commitment of reducing carbon emissions by 30% by 2030. Operations History Early years The Newmont Company was founded in 1916 in New York by Colonel William Boyce Thompson as a holding company to invest in Worldwide mineral, oil, and related companies. According to company lore, the name "Newmont" is a portmanteau "New York" and "Montana", reflecting where Thompson made ...
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New Gold
New Gold Inc. is a Canadian mining company that owns and operates the New Afton gold-silver-copper mine in British Columbia and the Rainy River gold-silver mine in Ontario, Canada. Through a Mexican subsidiary company, they also own the Cerro San Pedro gold-silver mine in San Luis Potosí, Mexico, which ceased operation in 2017. While New Gold was founded in 1980 for the purposes of mineral exploration, the company became a mine operator with its merger of Peak Gold and Metallica Resources in 2008. A fourth company, Western Goldfields, joined in 2009. Together they operated the Peak mine in Australia and Mesquite Mine in California but sold both in 2018. Headquartered in Toronto, shares of the company are traded on the Toronto Stock Exchange and NYSE American. Operating mines As of 2020, New Gold operates two mines: * New Afton - The New Afton gold-silver-copper mine is an underground (block cave) mine located within the footprint of the Afton mine, 10 km west of Kamloops, ...
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Hollinger Mines
The Hollinger Gold Mine was discovered on October 9, 1909, by Benny Hollinger, who found the gold-bearing quartz dike that later became known as Hollinger Mines. With his friend, professional prospector Alex Gillies, Hollinger had travelled to the Porcupine region in the wake of the Wilson expedition, which had recently discovered the future Dome Mine site. Hollinger and Gillies staked three claims each, and one for their former partner, Bernard "Barney" P. McEnaney, who had been unable to join them due to severe sciatica. Hollinger sold his claim to a small syndicate led by Noah Timmins that, in 1910, incorporated as Hollinger Mines in Timmins, Ontario. The five venture partners were brothers Noah and Henry Timmins, brothers Duncan and John McMartin, and lawyer David Alexander Dunlap (for whom the David Dunlap Observatory was named). The main Hollinger gold mine operated from 1910 until 1968. During that period 65,778,234 tons were milled, producing 19,327,691 ounces of gold ...
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Musselwhite Mine
The Musselwhite mine is one of the largest gold mines in Canada and in the world. The mine is located in the centre of the country in Ontario. The mine has estimated reserves of of gold. Operation Musselwhite mine uses a gold cyanidation and CIP (carbon in pulp) extraction process. Ore is extracted via a blast hole process and moved via a series of scoop-trams and underground dump trucks to one of 2 rockbreakers, either on the surface or at a 400 meter level. The ore then travels once through a jaw crusher and through a series of conveyor belts and continuously along a cone crusher rock sizing circuit. When the ore reaches a specific size it is transported to the mill building where the ore passes once through a rod mill and multiple times through a ball mill until the slurry is ground to approximately 10  μm. The slurry is then thickened, exposed to a cyanide treatment to extract it from the ore and into the solution, absorbed from the solution with activated c ...
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Los Filos Mine
The Los Filos mine is one of the largest gold mines in Mexico and in the world. The mine is located in the south of the country in Guerrero. The mine has estimated reserves of 7.43 million oz of gold and 52.54 million oz of silver. In January 2017, Goldcorp Goldcorp Inc. was a gold production company headquartered in Vancouver, British Columbia, Canada. The company employed about 15,800 people worldwide, engaged in gold mining and related activities including exploration, extraction, processing and ... sold the mine to Leagold Mining Corporation for $438 million as part of a divestment of non-core assets. References {{DEFAULTSORT:Los Filos Mine Gold mines in Mexico ...
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Porcupine Mine
The Porcupine mine is one of the largest gold mines in Canada and in the world. The mine is located in Timmins, Ontario. The mine has estimated reserves of 4.35 million oz (123.32 tonnes) of gold Gold is a chemical element with the symbol Au (from la, aurum) and atomic number 79. This makes it one of the higher atomic number elements that occur naturally. It is a bright, slightly orange-yellow, dense, soft, malleable, and ductile me .... See also * List of gold mines in Canada References {{Ontario-geo-stub Gold mines in Ontario Mines in Timmins ...
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