Goldcorp

from Wikipedia, the free encyclopedia
Goldcorp Inc.

logo
legal form Public Company (Canada)
ISIN CA3809564097
founding 1954
Seat Vancouver , CanadaCanadaCanada 
Number of employees 10,652 (2014)
sales $ 3.44 billion (2014)
Branch Mining
Website www.goldcorp.com

Goldcorp Inc. is a mining company from Canada , based in Vancouver , which operates throughout the Americas. The company is listed in the S & P / TSX 60 share index and was North America's third largest gold producer in 2006 .

history

Goldcorp owns the Red Lake , Ontario mine , once the richest gold mine in the world. Justified u. a. Due to a four-year strike by employees from 1996 to 2000, as well as exhausting gold reserves, the mine was very battered towards the end of the 20th century.

CEO Rob McEwen triggered the strike when he offered employees new contracts that made them worse than the previous ones. However, it was also he who saved the company: After the company's geologists had test drilling for 10 million dollars in the most remote corner of the 22,000 hectare property, they suspected further rich gold deposits, but could not precisely determine their location and volumes . McEwen had heard a talk on Linux , the open source operating system initiated by Linus Torvalds , during a convention at the Massachusetts Institute of Technology .

Inspired by the idea of ​​open source code, McEwen published the complete data of the mine in a 400 MB file in March 2000, thus launching the Goldcorp Challenge . It was an online competition that promised a total of $ 575,000 in prize money to those who made the best guesses and suggestions for exploring new deposits. Of the 110 points identified by the competition, 80% promised gold in substantial quantities and brought Goldcorp finds totaling 8 million ounces since the tender began. Goldcorp employees had not even noticed 50% of the 110 points submitted. Through this competition, Goldcorp was able to shorten the exploration period by 2 to 3 years, which led to a reduction in production costs of 600% in 4 years.

In 2004, the silver mining division was split off as an independent company under the company name Silver Wheaton (today: Wheaton Precious Metals ).

Peñasquito mine

On March 23, 2010, Goldcorp began work on the Peñasquito mine in the state of Zacatecas , Mexico . A production period of 20 years and annual yields of 500,000 ounces of gold, 28 million ounces of silver, 200,000 tons of zinc and 91,000 tons of lead are planned.

Glamis gold

On August 31, 2006, Goldcorp acquired the mining company Glamis Gold . The acquisition, which was completed in November 2006, cost the company about 8.2 billion USD . With Glamis Gold bought Goldcorp Inc. among others cyanides - opencast mines in Honduras , Guatemala and Nevada where Glamis their headquarters had.

At the beginning of May 2006, shortly before the takeover, representatives from affected communities in Honduras and Guatemala appeared at the general meeting of Glamis Gold and discussed the serious consequences of gold mining in the region.

Minerales Entre Mares de Honduras

In 2006, a study of the Proyecto San Martin in the Valle de Siria in Francisco Morazán in Honduras , where Glamis exploits under the branch name, Minerales Entre Mares de Honduras , showed that each of the five water samples taken, including those from the drainage of a mine, came from a river and a community well, all heavy metal and / or cyanide concentrations above the limit values ​​for drinking water and about half of the samples also exceeded the internationally recognized limit values ​​for mining activities.

In 2007, the Canadian organization Development for Peace called on the British Catholic Agency for Overseas Development and Caritas Tegucigalpa to responsibly close the Coldcorp opencast mine in Honduras.

Montana Exploradora de Guatemala, SA

In Guatemala, Goldcorp Inc. operates as Montana Exploradora de Guatemala, SA , where exploitation is expected by 2015. The Cyanidetagebau Marlin in San Marcos (Departamento) , acquired Goldcorp 2006 Glamis Gold .

In 2007 residents of Sipacapa (Guatemala) filed a lawsuit against Glamis Gold with the Compliance Advisor Ombudsman (CAO), an arbitration board of the International Finance Corporation and the Multilateral Investment Guarantee Agency, for cessation of operations and compensation. The complaint found that the facility was developed without proper consultation and in violation of the rights of indigenous people.

The CAO noted in its award determine themselves that Glamis Gold extensively with local communities would be changed and that the public inspection which was carried out by Glamis including an environmental impact assessment had been very technical and could then not contain sufficient information as to likely adverse on the Inform about effects.

The conflicts that had already arisen with Glamis Gold were not resolved by Goldcorp Inc. Goldcorp Inc. refused to implement the result of a 2005 referendum in which 11 of 13 community assemblies in San Marcos, Departamento, opposed open-pit mining in their area.

On July 27, 2009, Montana Exploradora de Guatemala, SA was prohibited from importing cyanide by the Guatemalan Ministry of the Environment . The environment minister of Luis Alberto Ferraté Felice (* 1939) stated that since 2005 the ministry for the environment has allowed the previous government to import sodium cyanide . The minister said that by July 27, 2009, the company had imported 320 tons of cyanide, after which a levy of three quetzales per kilogram was levied, which is intended to monitor the use of cyanide. The company's tax debt was put at 12.3 million quetzales.

production

SURNAME country PROPORTION OF PRODUCTION 2014
in oz
RESERVES (P + P)
in 000 oz
Cash cost
in US $
Alumbrera ArgentinaArgentina ARG 37.5% 120,100 550 $ 145
Cerro Negro ArgentinaArgentina ARG 100% 152.100 5,260
Eleanor CanadaCanada CAN 100% 18,300 4,970
Los Filos MexicoMexico MEX 100% 258,700 6,770 $ 796
marlin GuatemalaGuatemala GUA 100% 186,500 310 $ 384
Musselwhite CanadaCanada CAN 100% 278,300 1,660 $ 629
Penasquito MexicoMexico MEX 100% 567,800 10,550 $ 728
Porqupine CanadaCanada CAN 100% 300,000 2,980 $ 647
Pueblo Viejo Dominican RepublicDominican Republic DOM 40% 443,400 6.210 $ 462
Red Lake CanadaCanada CAN 100% 414,400 2,060 $ 569
total 2,871,000 $ 661

Source: Goldcorp Annual Report 2014

literature

Individual evidence

  1. goldcorp inc. - Timeline. ( Memento of the original from June 23, 2008 in the Internet Archive ) Info: The archive link was automatically inserted and not yet checked. Please check the original and archive link according to the instructions and then remove this notice. goldcorp.com; Retrieved April 13, 2008 @1@ 2Template: Webachiv / IABot / www.goldcorp.com
  2. Goldcorp 2014 Data Summary Sheet ( Memento of the original from September 24, 2015 in the Internet Archive ) Info: The archive link has been inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. , accessed July 24, 2015 @1@ 2Template: Webachiv / IABot / www.goldcorp.com
  3. Goldcorp Core Strengths 2014 Annual Report ( Memento of the original dated September 24, 2015 in the Internet Archive ; PDF) Info: The archive link was automatically inserted and not yet checked. Please check the original and archive link according to the instructions and then remove this notice. Retrieved July 24, 2015 @1@ 2Template: Webachiv / IABot / www.goldcorp.com
  4. a b c Don Tapscott, Anthony D. Williams, p. 271
  5. : Alaska Airlines Workers Hold Information Pickets . In: The Militant , Vol.63, No.32, September 20, 1999; Retrieved April 13, 2008
  6. ^ Don Tapscott, Anthony D. Williams (US edition), p. 268
  7. goldcorp.com
  8. ^ Goldcorp Closed the Agreement with Glamis Gold Ltd to Combine, Thus Creating One of the World's Largest Gold Companies . ( Memento of the original from June 23, 2008 in the Internet Archive ) Info: The archive link was automatically inserted and not yet checked. Please check the original and archive link according to the instructions and then remove this notice. goldcorp.com; Retrieved April 13, 2008 @1@ 2Template: Webachiv / IABot / www.goldcorp.com
  9. ^ Gold firm in Canada to buy rival . In: International Herald Tribune , August 2006
  10. Statement to Glamis Gold Shareholders from Honduras and Guatemala . miningwatch, May 3, 2006
  11. Flaviano Bianchini: Contaminación de agua en el area de expoltación minera del proyecto San Martin, en el Valle de Siria y repercusiones sobre la salud humana . ( Memento of the original from October 31, 2007 in the Internet Archive ; PDF) Info: The archive link was automatically inserted and not yet checked. Please check the original and archive link according to the instructions and then remove this notice. Álvaro Revenga: Sipakapa No Se Vende .  ( Page no longer available , search in web archivesInfo: The link was automatically marked as defective. Please check the link according to the instructions and then remove this notice. @1@ 2Template: Webachiv / IABot / www.miningwatch.ca@1@ 2Template: Dead Link / video.google.com  
  12. ^ Three Catholic Organizations on Three Continents, Including Canadian-based DEVELOPMENT AND PEACE, call on GOLDCORP Inc to Ensure Environmental and Socially Responsible Closure of Honduran Mine . Development for Peace, May 2, 2007
  13. Marlin . ( Memento of the original from August 24, 2009 in the Internet Archive ) Info: The archive link was automatically inserted and not yet checked. Please check the original and archive link according to the instructions and then remove this notice. Goldcorp Inc. @1@ 2Template: Webachiv / IABot / www.goldcorp.com
  14. Shin Imai, Ladan Mehranvar, Jennifer Sander: Breaching Indigenous Law: Canadian Mining in Guatemala ( Memento of the original dated November 29, 2007 in the Internet Archive ; PDF) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. @1@ 2Template: Webachiv / IABot / www.miningwatch.ca
  15. en: Prensa Libre , 29/07/2009, Ministerio de Ambiente prohíbe a minera Montana importar cianuro ( Memento of the original of May 13, 2014 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. @1@ 2Template: Webachiv / IABot / www.prensalibre.com
  16. Further key figures on Goldcorp. Retrieved January 15, 2016 .