British Columbia Investment Management Corporation will vote against the proposed merger of Goldcorp and Newmont due to Goldcorp’s decision to award its chairman a $12m retirement allowance.
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The one-time special dividend, worth $470 million, will be given to Newmont’s shareholders only if its friendly takeover of Canada’s Goldcorp is approved.
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Paulson sent Goldberg a letter that outlines how the deal, under the current terms, creates negative value for Newmont shareholders.
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Goldcorp’s Ian Telfer has elected not to join the company’s board of directors when the merger of Goldcorp and Newmont Mining takes effect.
The post Appointment notices: Haver & Boecker, Algoma Steel, Bold Ventures, and Goldcorp appeared first on MINING.com.
Appointment notices: Haver & Boecker, Algoma Steel, Bold Ventures, and Goldcorp Read More »
The mine is the company’s biggest in the South American country.
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Operations resume at Goldcorp’s Cerro Negro mine in Argentina Read More »
Mining stopped on March 8, when members of the Asociación Obrera Minera Argentina (AOMA) downed tools, and processing activities have now also ceased following the exhaustion of surface stockpiles.
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The Agua Rica mineral reserve is estimated to contain 4.5 million tonnes of copper and 6.5 million ounces of gold contained in approximately 910 million tonnes of ore.
The post Yamana, Glencore and Goldcorp ink agreement to integrate Argentina mines appeared first on MINING.com.
Yamana, Glencore and Goldcorp ink agreement to integrate Argentina mines Read More »
Chief executive Mark Bristow will discuss a potential JV with rival Newmont only if his company runs the operation.
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Barrick open to discuss a joint venture in Nevada with Newmont Read More »
The US mining giant fired back with the terms of a deal that seeks merging operations in Nevada.
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Newmont rejects $18B hostile bid by Barrick, releases private messages Read More »
The finalists are competing for the opportunity to negotiate up to $1 million investment in the winning technology.
The post Goldcorp reveals names of three #DisruptMining finalists appeared first on MINING.com.
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