U.S. Gold Corp
#8261
Rank
$239.77M
Marketcap
United States
Country
Mr. George Michael Bee (Pres, CEO & Director)
Mr. Kevin Albert Francis M. Sc., M.Sc., P.Geo. (VP of Exploration & Technical Services)
Mr. Eric Alexander (CFO, Principal Financial & Accounting Officer and Corp. Sec.)
Summary
History
Goldcorp was officially incorporated in 1994. Following a period of M&A activity, the company quickly grew to become a leading gold producer. The company is focused on responsible mining practices with safe, low-cost production in areas of low political risk. Through the consistent application of its business strategy, Goldcorp has achieved significant growth, industry recognition, and numerous awards.
In 2000, Goldcorp founder Rob McEwen launched the Goldcorp Challenge, sharing with the public the company’s geological data with the offer of $575,000 in prizes to those who could help locate Red Lake mine’s next six million ounces of gold. The challenge was successful, with more than 110 sites identified and more than 80 per cent of sites yielding significant gold reserves. The challenge helped turn the company from a struggling enterprise into one of the most profitable in the industry.
In January 2017 Goldcorp announced it had divested two non-core assets through the sales of the Cerro Blanco Gold Project in Guatemala to Bluestone Resources as well as the Los Filos Mine in Mexico to Leagold Mining.In January 2017 Goldcorp reported preliminary full year 2016 production totaling 2.873 million ounces of gold at all-in sustaining costs of around $850 per ounce. The Company expects to increase total annual gold production by over 20% over the next five years to more than three million ounces annually.In February 2017 Goldcorp announced it had purchased New Gold's 4% gold stream on the El Morro deposit. The El Morro deposit is part of NuevaUnión, a 50/50 joint venture with Teck Resources that combines the Relincho and El Morro deposits.
Mission
Vision
Key Team
Hon. Ryan K. Zinke (Independent Director & Consultant)
Mr. Ken Coleman (Chief Geologist)
Recognition and Awards
References
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Mr. George Michael Bee (Pres, CEO & Director)
Mr. Kevin Albert Francis M. Sc., M.Sc., P.Geo. (VP of Exploration & Technical Services)
Mr. Eric Alexander (CFO, Principal Financial & Accounting Officer and Corp. Sec.)
