Goldcorp Inc./ G, GG (TSX, NYSE)

    LAS VEGAS, Aug 01, 2007 /PRNewswire-FirstCall via COMTEX/ -- (HMSO: hemis corp com) Hemis Corporation is an international resource company with three exploration properties in Mexico and one exploration project in Alaska. Hemis' Santa Rita property in Mexico has an Earn-In Agreement with Goldcorp Inc. (CA:G) (GG: goldcorp inc new com) through Goldcorp's Mexican subsidiary Glamis Exploration.
    Hemis Corporation is pleased to announce that Corex Gold Corp. (CA:CGE) has received its first formal quarterly property report from Goldcorp Inc. (NYSE: GG- TSX: G) through its Mexican subsidiary Glamis Exploration S.A. de C.V. Under the Agreement Goldcorp has the right to earn up to an 80% interest in Corex's Santa Rita and Zuloaga (collectively "Zuloaga") concessions in the states of Zacatecas and Coahuila. The Zuloaga Property that encompasses 39,878 hectares is located in the Sierra Madre Oriental and is approximately 15 km from Goldcorp's Penasquito deposit.
    Regarding the Penasquito property, Goldcorp has reported that as of June 2006 Penasquito has proven and probable gold reserves totaling 9.98 million ounces. Silver reserves were 575 million ounces while lead and zinc totaled 1.67 million tonnes and 3.62 million tonnes respectively. Initial mine start up is expected in late 2008 with full production reached by late 2009.
    To date Goldcorp's activities have been primarily organizational in character. Since the signing of the Earn-In Agreement, Goldcorp has mobilized a geological team and set up office space in the Melchor Ocampo area. Goldcorp has also purchased government SGM data, and has prepared base maps for their mapping campaign. Goldcorp has informed Corex that mapping, prospecting, and sampling will commence immediately.
    The Earn-In Agreement provides Goldcorp can Earn-In to a 70% interest in the Zuloaga property by spending US$4,000,000 over a 5-year period and paying Corex US$150,000 over an 18 month period. Goldcorp shall have the option to increase its interest from 70% to 80% upon paying 100% of the expenditures associated with placing the Property or any part thereof, into commercial production based on a mine development project approved for all or part of the property, with 20% to be repayable to Glamis from Corex subsidiary's related project cash-flows, or arranging the proportionate share of a debt financing.
    Hemis Corporation has an option to acquire a 49% interest in Corex Gold's interest in the Santa Rita property upon payment to Corex Gold US$950,000 and 200,000 shares of Hemis Corporation over 2 years.
    About Hemis Corporation
    Hemis Corporation is a precious metals exploration company trading on the OTCBB under the symbol HMSO and listed on the Frankfurt stock exchange under the symbol XZA. Hemis Corporation is comprised of both a resource division and a resource investment unit. Hemis' high profile team is focused on evaluating gold projects with strong potential. The resource investment unit is actively reviewing other natural resource companies for joint ventures and investment.
    Hemis is incorporated in Nevada, USA with its head office in Zurich, Switzerland and North American corporate communications representatives in Canada and the United States. Led by an experienced team of exploration geologists and financial professionals, this company has extensive international capital markets experience and proven track records.
    The statements contained herein which are not historical are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, certain delays beyond the company's control with respect to commencement of drilling operations, concentration in mineral deposits, delays in testing and evaluation of ore samples, and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission.


    Hemis Corporation
    Norman Meier +41 43 355 0228
    President
    http://www.hemiscorporation.com


    Hudson Capital, 1-604-662-3910
    Investor Relations
    http://www.hudsoncapital.ca




    SOURCE Hemis Corporation

    NEW YORK (MarketWatch) -- Goldcorp Inc. (GG: goldcorp inc new com) said Thursday second-quarter net income fell to $2.9 million, or breakeven, from $190.4 million, or 49 cents a share in the year-ago period. Adjusted net income fell to $95.3 million, or 14 cents a share, from $136.9 million, or 36 cents a share in the year-ago period. Revenue rose to $567 million from $492 million.

    Aug 09, 2007 (Dow Jones Commodities News via Comtex) -- DOW JONES NEWSWIRES
    Goldcorp Inc. (GG) said Thursday second-quarter net income fell to $2.9 million, or breakeven, from $190.4 million, or 49 cents a share in the year-ago period.
    Adjusted net income fell to $95.3 million, or 14 cents a share, from $136.9 million, or 36 cents a share in the year-ago period.
    Revenue rose to $567 million from $492 million.

    VANCOUVER, BRITISH COLUMBIA, Aug 07, 2007 (MARKET WIRE via COMTEX) -- (All dollar amounts in United States dollars (US$))
    GOLDCORP INC. (CA:G) (GG: goldcorp inc new com) is pleased to declare its eighth monthly dividend payment for 2007 of $0.015 per share. Shareholders of record at the close of business on Friday, August 17, 2007 will be entitled to receive payment of this dividend on Friday, August 24, 2007.
    Pursuant to new tax legislation, Canadian resident individuals who receive "eligible dividends" in 2006 and subsequent years will be entitled to an enhanced gross-up and dividend tax credit on such dividends. All dividends paid in 2006 and subsequent years by Goldcorp Inc. are "eligible dividends" for this purpose.
    Goldcorp is one of the world's lowest-cost and fastest growing multi-million ounce gold producers with operations throughout the Americas.

    VANCOUVER, BRITISH COLUMBIA, Aug 09, 2007 (MARKET WIRE via COMTEX) -- (All figures are in US dollars unless stated otherwise)
    Goldcorp Inc. (CA:G) (GG: goldcorp inc new com) today reported adjusted net earnings of $95.3 million(1), or $0.14 per share, for the quarter ended June 30, 2007. This compares to adjusted net earnings of $136.9 million, or $0.36 per share, in the second quarter of 2006. Second quarter 2007 adjusted earnings exclude the effect of a $104.4 million non-cash loss on the revaluation of future income tax liabilities due to the strengthening Canadian dollar. Excluding all adjustments, the Company reported net earnings of $2.9 million compared to $190.4 million.
    - Gold production increases to 539,500 ounces.
    - Gold sales increase to 546,400 ounces.
    - Total cash costs of $133 per gold ounce(2), net of by-product copper and silver credits.
    - Operating cash flows of $142.7 million.
    - Sale of Amapari and Peak mines for $200 million in cash and $100 million in shares.
    - Dividends of $31.7 million paid during the quarter.
    - Proven & Probable gold reserves at Penasquito project increase 31% to 13.0 million ounces; silver increases 50% to 864 million ounces; lead and zinc increase 60% to 2.67 and 5.81 million tonnes, respectively.
    - Agreement with Silver Wheaton to sell 25% of silver production from the Penasquito project completed early in the third quarter.
    For the six months ended June 30, 2007, adjusted for certain non-cash items, net earnings amounted to $178.1 million, or $0.25 per share. Operating cash flows were $265.3 million compared with $314.5 million in 2006. Net earnings were $127.8 million, or $0.18 per share, compared with $282.8 million, or $0.78 per share, in 2006. Gold production increased 63% to 1,097,500 ounces in 2007 compared with 673,900 ounces in 2006. Gold sales increased to 1,077,700 ounces at a total cash cost of $157 per ounce, compared with 687,100 ounces at a total cash cost of minus $108 per ounce in 2006.
    "We experienced solid performances at several of our most important gold mines, including Red Lake, Marlin and El Sauzal," said Kevin McArthur, President and Chief Executive Officer of Goldcorp. "We also experienced short-term challenges at other mines. Despite a slower than planned start-up of heap leaching operations at Los Filos in Mexico, we are excited by the long-term potential at Los Filos and Nukay as the district exploration picture begins to come into focus. The Marigold mine in Nevada experienced grade issues in the Basalt pit, but the mining sequence there favours a stronger second half performance. We were similarly affected by grade issues at San Dimas in Mexico. In light of these items, the Company expects 2007 gold production to be in the range of 2.2 million to 2.3 million ounces. Total cash costs are expected to be less than $150 per ounce-among the best in the industry.
    "We will continue to bring a disciplined approach to containing costs and optimizing production in order to maintain one of the highest margins in the precious metals industry. Our financial strength will enable us to pursue a number of growth programs, including continued optimization activities at Penasquito in Mexico, expansion at Red Lake in Ontario, an enhanced future in the Los Filos gold district, feasibility progress at Eleonore in Quebec and participation in the joint venture with Barrick at Pueblo Viejo in the Dominican Republic. We reiterate our 2007 capital cost expectations of approximately $750 million, exclusive of Pueblo Viejo."
    A conference call will be held Thursday, August 9th at 10:00 a.m. (PT) to discuss these results. You may join the call by dialing toll free 1-866-226-1799 or 416-340-2218 for calls from outside Canada and the US. You can listen to a recorded playback of the call after the event until September 6th, 2007 by dialing 1-800-408-3053 or 416-695-5800 for calls outside Canada and the US. Passcode: 3226942. A live and archived audio webcast will also be available at http://www.goldcorp.com.
    Goldcorp is one of the world's lowest-cost and fastest growing multi-million ounce gold producers with operations throughout the Americas. The Company does not hedge its gold production.
    (1) Adjusted net earnings are reported net earnings adding back foreign exchange loss on revaluation of future income tax liabilities of $104.4 million and the non-hedge derivative after tax loss of $11.6 million less net gain on sale marketable securities after tax of $10.6 million, dilution gain of $6.5 million and an after tax gain on sale of mineral interests of $6.5 million. Adjusted net earnings is a non-GAAP measure, the Company believes that, in addition to conventional measures, prepared in accordance with GAAP, certain investors use this information to evaluate the Company's performance and ability to generate cash flow. Accordingly, it is intended to provide additional information and should not be considered in isolation or as a substitute for measures of performance prepared in accordance with GAAP.
    (2) The Company has included a non-GAAP performance measure, total cash cost per gold ounce, throughout this document. The Company reports total cash costs on a sales basis. In the gold mining industry, this is a common performance measure but does not have any standardized meaning, and is a non-GAAP measure. The Company follows the recommendations of the Gold Institute standard. The Company believes that, in addition to conventional measures, prepared in accordance with GAAP, certain investors use this information to evaluate the Company's performance and ability to generate cash flow. Accordingly, it is intended to provide additional information and should not be considered in isolation or as a substitute for measures of performance prepared in accordance with GAAP.

    SAN FRANCISCO (MarketWatch) -- Soros Fund Management said Wednesday that during the second quarter it took new stakes in both sides of a thwarted aluminum merger, Freeport-McMoRan Copper & Gold, and oil giants including ConocoPhillips and ExxonMobil.


    ...


    The Soros fund also revealed new stakes in a slew of other resource firms since its first-quarter filing.
    It owns more than 407,000 shares in Phoenix copper producer Freeport McMoRan Copper & Gold Inc. (FCX: Freeport-McMoRan Copper & Gold Inc) ; 40,000 shares in Canadian gold miner Goldcorp (GG: goldcorp inc new com) ; and 15 million puts in Aluminum Corp. of China. (ACH:
    aluminum corp china ltd spon adr h shs)

    SAN FRANCISCO (MarketWatch) -- Goldcorp Inc. (GG: goldcorp inc new com) (CA:G: goldcorp inc new com) said Friday roughly $14 million of its $600 million in cash and cash equivalents is invested in a Canadian asset-backed commercial paper fund, representing 2% of its overall cash and cash equivalent investments. The Vancouver, B.C.-based gold producer said it does not consider its investment in the fund at risk.

    ...


    Glamis Gold, the Canadian mining company that sought to build the California mine, learned that the hard way several years ago. After investing $15 million, the company watched Mr. Jackson tie up the project with regulators. It was finally killed when Gray Davis, then the governor of California, issued an emergency order.


    Charles A. Jeannes, an executive at Glamis at the time, says the company tried to negotiate with Mr. Jackson. “We’d told them we’d discuss any number of kinds of compensation,” says Mr. Jeannes, now executive vice president of Goldcorp, which acquired Glamis in 2006. “But we never got specific because they made it clear they wouldn’t accept the mine.”


    Mr. Jackson has a slightly different recollection. “They came and offered money, trucks and other things,” he says. “I told them I’m not going to take one penny, and to get out of my office.”


    ...

    LAS VEGAS, Aug 14, 2007 /PRNewswire-FirstCall via COMTEX/ -- Hemis Corporation (HMSO: hemis corp com) is an international resource company with three exploration properties in Mexico and one project in Alaska. Hemis' Santa Rita property in Mexico has an Earn-In Agreement with GoldCorp Inc. (GG: goldcorp inc new com) (CA:G) through GoldCorp's Mexican subsidiary, Glamis Exploration.
    Hemis is pleased to announce additional assay results from the drilling program on its El Tigre gold exploration project in eastern Sonora, Mexico. The initial phase of diamond drilling was recently completed on this project and new assay results have been received for drill holes ELT-002 to ELT-005. The results for ELT-001 have already been reported.

    VANCOUVER, BRITISH COLUMBIA, Aug 17, 2007 (MARKET WIRE via COMTEX) -- All figures in US dollars.
    GOLDCORP INC. (CA:G) (GG: goldcorp inc new com) today reported that approximately $14 million of its $600 million in cash and cash equivalents is invested in a Canadian Asset-Backed Commercial Paper Fund, representing 2% of its overall cash and cash equivalent investments. The fund, whose liquidity lender is the Bank of Nova Scotia, is accorded the highest rating (R-1 (high)) available from the Dominion Bond Rating Service. The Company does not consider its investment in this fund at risk. All of the Company's cash and equivalents are invested in funds carrying the highest possible investment grade as determined by leading rating agencies.
    Goldcorp is one of the world's lowest-cost and fastest growing multi-million ounce gold producers with operations throughout the Americas. Its gold production remains 100% unhedged.

    ...


    Everton Resources is well funded and actively exploring in the Opinaca region of James Bay, Quebec where Everton Resources has amassed one of the largest land claims adjacent to Goldcorp's (GG: goldcorp inc new com) (CA:G) Eleonore gold deposit where Goldcorp recently announced an initial gold resource of 2.8 million ounces. Everton Resources is also actively exploring in the Dominican Republic adjacent to where the world's largest gold mining company, Barrick Gold (ABX: Barrick Gold Corporation) (CA:ABX) is partnering with Goldcorp to develop, at an estimated cost of $2.3 billion, the Pueblo Viejo deposit, that contains 18.1 million ounces of gold, 2.6 billion pounds of zinc, 358 million pounds of copper and 88 million ounces of silver.

    MPH Ventures Acquires Molybdenum Deposit from Rio Algom and Goldcorp


    Vancouver, BC - MPH Ventures Corp. (CA:MPS) (the "Company") announces it has signed a formal agreement (the "Formal Agreement") with Rio Algom Limited, a wholly-owned subsidiary of BHP Billiton Ltd., (BHP: BHP Billiton Ltd) , and with Goldcorp Inc., ("Goldcorp") (CA:G) , for the acquisition by the Company of 93.45% of the outstanding shares of Pidgeon Molybdenum Mines Limited ("PMML").
    PMML holds a 100% interest in 210 hectares of mining claims under the name "Pidgeon Molybdenum Deposit". The Pidgeon Molybdenum Deposit is accessible through the #1 Trans Canada Highway and is approximately 50 kilometres east from the city of Dryden, District of Kenora, Northwestern Ontario. In addition to the accessibility of the property by road, it also has power lines running though its entire length, and is within 8 km of the nearest rail link.

    VANCOUVER, BRITISH COLUMBIA, Sep 04, 2007 (MARKET WIRE via COMTEX) -- GOLDCORP INC. (CA:G) (GG: goldcorp inc new com) today provided an update on mine expansion and exploration progress at Red Lake Gold Mines in northwestern Ontario, Canada in advance of an analyst tour at the operation this week.
    Following the integration of the two mines (Red Lake and Campbell) just over one year ago, the ongoing efforts of the management team have resulted in:
    - the completion of the mill expansion with total site capacity increasing to approximately 3,100 tonnes per day;
    - the commencement of operation of the new #3 shaft;
    - the generation of significant operational synergies that are expected to maintain Red Lake's current low cash costs into the foreseeable future; and
    - exciting new exploration discoveries in several areas of the property.
    These investments and the associated productivity improvements will support the plan to grow Red Lake's gold production to over 1 million ounces per year by 2011.

    http://www.reuters.com/article…dCAWNA537520080731?rpc=44


    Eigentlich sehr positiv. Leider müssen sie auch ein paar negative Nachrichten über das 2. Quartal bringen: Gewinn sinkt von 14c auf 12c, Netto-Verlust nach non-GAAP Berechnung, Schwierigkeiten in den Minen Los Filos und Marlin, ... http://www.goldcorp.com/news/g…index.php?&content_id=626


    Bin neugierig auf die Eröffnung nache dem Schwächeln in den letzten Tagen.


    midas

    'Das Gold dem Einzelnen zu entziehen, ihn seines Anspruchs zu berauben, ist ihr Bestreben, während er es vor ihnen zu verbergen sucht. Sie >wollen sein Bestes<< - - - daher nehmen sie es ihm. Sie horten sein Gold in tiefen Tresoren und zahlen mit Papier, das täglich an Wert verliert.'
    ERNST JÜNGER; EUMESWIL, 1977

    Einmal editiert, zuletzt von midas ()

Schriftgröße:  A A A A A