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. The takeover was completed in November 2006.
See also
References
- "Goldcorp and Glamis Agree to US$21.3 Billion Combination Creating the World's Premier Gold Mining Company". Goldcorp Inc. 2006-08-31. Archived from the original on 2012-06-04. Retrieved 2023-08-14.
- "Goldcorp restarts Argentina gold mine". resource world. 1 May 2019. Retrieved 28 December 2020.