Goldcorp

Goldcorp’s operating assets included mines in Canada, Mexico, Central and South America.[10] Goldcorp also has a number of projects including the Coffee, Cochenour and Borden projects in Canada, and NuevaUnión (formerly known as Project Corridor), a joint venture with Teck Resources in Chile.[11]

1. Red Lake mine (Canada)
2. Porcupine mine (Canada)
3. Musselwhite mine (Canada)
4. Éléonore mine (Canada)
5. Peñasquito mine (Mexico)
6. Cerro Negro mine (Argentina)
7. Marlin mine (Guatemala)
8. Pueblo Viejo mine (Dominican Republic - 40% ownership)
9. Alumbrera mine (Argentina - 37.5% ownership)
10. Coffee project (Canada)
11. Cochenour project (Canada)
12. Borden project (Canada)
13. NuevaUnión project (Chile - 50% ownership)
14. Hollinger Mines (Canada)

In 2017 Goldcorp announced it had formed a 50/50 joint venture with Barrick Gold to consolidate the Maricunga Gold Belt in the Atacama Region of northern Chile. On June 9, Goldcorp acquired the minority 25% interest held by Kinross Gold in Cerro Casale and 100% interest in the Quebrada Seca exploration project for US$260 million [12] and a 1.25% royalty interest in favor of Kinross on 25% of gross revenues from payable metal from Cerro Casale and Quebrada Seca, with Kinross foregoing the first $10 million payable, a contingent payment of $40 million payable after a construction decision at Cerro Casale, and assumption of a $20 million obligation to Barrick payable on commercial production at Cerro Casale. [13]

In April 2017 Goldcorp closed on the sale of its Los Filos gold mine Guerrero State, Mexico to Leagold Mining for US$350 million. The transaction included US$279 million in cash and $71 million in common shares of Leadgold. Goldcorp also nominated Russell Ball the Leagold's board of directors. [14]

In June 2017 Goldcorp announced it had formed a 50/50 joint venture with Barrick Gold to develop the Maricunga District in Chile. [15] The transaction included the acquisition of Exeter Resource Corp. along with a US$260 million payment at closing to Kinross Gold. Goldcorp also granted Kinross a 1.25% royalty on the Cerro Casale and Quebrada Seca deposits. [16]

A week-long protest and blockade disrupted operations at the Peñasquito mine during the first week of October 2017.[17]

In Q2 2017 Goldcorp reported net earnings of US$135 million and production of 635,000 ounces of gold. [18]

In Q1 2017 Goldcorp reported net earnings of US$170 million and production of 655,000 ounces of gold. [19]

In 2016 Goldcorp produced 2.873 million ounces of gold at all-in sustaining costs of $856 per ounce. [20]

2015 production totaled 909,400 ounces for the fourth quarter and 3,464,400 ounces for the full year 2015, compared to 890,900 ounces and 2,871,299 ounces, respectively, in 2014.

A study by Italian activist Flaviano Bianchini in 2006 found dangerous levels of arsenic and lead in the blood of Hondurans living downstream from Goldcorp's San Martin mine, located in the Siria Valley.[28] While people living in the valley had equated their health problems with the mine's operations since it opened in 1999, both the company and the Honduran government disputed the study's findings.[29] Honduran authorities, the company said, took water samples during three visits in 2008 and all pH measurements were normal. They also reviewed and approved the mine's closure plan.

In 2009, two studies commissioned by the UK-based advocacy group CAFOD have found the company's methods to extract gold from low-grade deposits also releases other toxic heavy metals such as arsenic, mercury and lead, contaminating streams and groundwater. The first study from Newcastle University detected acidic mine drainage, whereby sulphides in the rock are exposed to oxygen and water and produce sulphuric acid, which can have devastating effects on animals and plants. A follow-up study by the same university found evidence of "severe" contamination in the form of highly acidic and metal-rich water from the mine site flowing into a stream used by villagers for agriculture and domestic purposes.[30]

Since the closure of San Martin mine in 2008, the 1,500 hectare former mine site has been reclaimed into agricultural farmland and the former camp facilities remodeled into an ecotourism hotel. These developments have since provided employment, skills training and new investment to the area.

An investigative report by the CTV Television Network's W5, published on their website on April 17, 2010, reported criticism by human rights workers about the damage they believe mining companies were doing to the people, the land, and the culture of Guatemala.[31] The same news program ran a four-part documentary entitled "Paradise Lost" which explored some of the controversy surrounding Goldcorp's Marlin mine operation, and investigated the economic, environmental, and social costs and benefits of Canadian mining operations in Central America.[32]

At the request of Goldcorp shareholders, an independent human rights impact assessment (HRIA) was conducted by external auditors in 2010.[29] Goldcorp has since implemented all recommendations from the HIRA, including the publishing of an official Human Rights Policy in 2010.

On July 14–15, 2012 the self-organized International Peoples’ Health Tribunal, a panel of twelve "judges" with backgrounds in science, health, ecology, and human rights met in Guatemala to hear testimony relating to the effects of Goldcorp's South American mines. After the two-day tribunal, the panel found Goldcorp financially liable for health and ecological damages to the communities near its mines in Honduras, Guatemala, and Mexico.[33]