Glamis Gold Explained

Glamis Gold Ltd. was a Reno, Nevada-based gold producer with operations in the Americas. In 2006 they expected to produce 620,000 ounces of gold at a total cash cost of US$190 per ounce. At that time, their assets remained 100% unhedged.

On 31 August 2006, Goldcorp (NYSE stock symbol GG) announced the acquisition of Glamis Gold (NYSE former symbol GLG) for US$8.6 billion, creating one of the world's largest gold mining companies with combined assets (in 2006) of US$21.3 billion.^[1] The takeover was completed in November 2006.^[2]

See also

• Gold as an investment
• Gold mining

External links

• Goldcorp, Inc.

Notes and References

1. Web site: 2006-08-31 . Goldcorp and Glamis Agree to US$21.3 Billion Combination Creating the World's Premier Gold Mining Company . dead . https://web.archive.org/web/20120604171726/http://www.goldcorp.com/Investor-Resources/News/News-Details/2006/GoldcorpandGlamisAgreetoUS213BillionCombinationCreatingtheWorldsPremierGoldMiningCompany/default.aspx . 2012-06-04 . 2023-08-14 . Goldcorp Inc..
2. Web site: 1 May 2019. Goldcorp restarts Argentina gold mine. 28 December 2020. resource world.