INDIAN JEWELLER

Suashish Diamonds Ltd, India, introduces special 'Mother's Day Collection'

Diamond pendants are fashioned with figures of a mother and child

Post By : Diamond World News Service On 10 May 2007 12:00 AM
CANADIAN miner Goldcorp Inc. has agreed to purchase the Nevada-based gold producer Glamis Gold Ltd. for $8.6 billion in a friendly takeover bid, which will lead to the creation of one of the world’s largest gold mining companies. The new company will continue under the name Goldcorp Inc. The new company will have a combined market value of $21.3 billion, and proven and probable reserves of approximately 41.1 million gold ounces.%%According top Goldcorp chief executive officer Ian Telfer, who will continue as chairman of the new company the combination of Goldcorp and Glamis will create a world class low-cost gold producer in the Americas with industry-leading growth from an exciting portfolio of development projects.%%Following a completion of the transaction in November, Goldcorp’s current shareholders will own approximately 60 per cent of the new company, while current Glamis shareholders will own approximately 40 per cent.

Be the first to comment

Leave a comment

Spotlight News

New-Age Gold Balances Wearability with Subconscious Investment Value

  • Market Report - 13 April 2026 10:57 AM

GJS April 2026 to Open with Chandrashekhar Bawankule; GJC Unveils ‘Akshay Kala’ Theme

  • Associations and Trade Bodies - 03 April 2026 8:49 AM

Couture India Show 2026 Scheduled for September 26–28, in New Delhi

  • Fair Reports - 26 March 2026 11:44 AM

IIJS Bharat Tritiya 2026 -- A Shift Towards Cautious Optimism

  • Associations and Trade Bodies - 24 March 2026 4:17 PM

IIJS Bharat Tritiya 2026 Opens Doors to Trade Buyers in Bengaluru

  • Associations and Trade Bodies - 21 March 2026 6:29 PM

Email Alerts

WhatsApp Alerts