-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, EUedy6D5zAiGKBVeoiuBYAQDuPZLJ+kwLcAsnGMJmTNgxY0DM6mfUbNOnvUfJs+J k8FGWpuL5eamm2MAlA/6yQ== 0001199073-07-000862.txt : 20070926 0001199073-07-000862.hdr.sgml : 20070926 20070926104632 ACCESSION NUMBER: 0001199073-07-000862 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20070925 FILED AS OF DATE: 20070926 DATE AS OF CHANGE: 20070926 FILER: COMPANY DATA: COMPANY CONFORMED NAME: GOLDCORP INC CENTRAL INDEX KEY: 0000919239 STANDARD INDUSTRIAL CLASSIFICATION: GOLD & SILVER ORES [1040] IRS NUMBER: 980155977 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-12970 FILM NUMBER: 071135693 BUSINESS ADDRESS: STREET 1: SUITE 1560, 200 BURRARD STREET CITY: VANCOUVER STATE: A1 ZIP: V6C 3L6 BUSINESS PHONE: 604-696-3000 MAIL ADDRESS: STREET 1: SUITE 1560, 200 BURRARD STREET CITY: VANCOUVER STATE: A1 ZIP: V6C 3L6 6-K 1 d6k.htm GOLDCORP INC. FORM 6-K d6k.htm
 


FORM 6-K

  UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
  Report of Foreign Private Issuer
 
Pursuant to Rule 13a-16 or 15d-16
of the Securities Exchange Act of 1934
 
For the month of September 2007
Goldcorp Inc.
(Translation of registrant's name into English)
 
Suite 3400 - 666 Burrard St.
Vancouver, British Columbia V6C 2X8 Canada
(Address of principal executive offices)
 
Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.
 
 Form 20-F
 o
 Form 40-F
 x
 
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ____
 
 
Note:Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders.
 
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ____
 
 
Note: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted to furnish a report or other document that the registrant foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant’s “home country”), or under the rules of the home country exchange on which the registrant’s securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrant’s security holders, and, if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR.
 
Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
 
Yes
 o
No
 x
 
If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82- ________
 



Signature
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
 
    GOLDCORP INC.
   
Date: September 25, 2007
 
/s/ Anna M. Tudela
 
Name:  Anna M. Tudela
 
Title:    Corporate Secretary and  Director, Legal
 
Description of Exhibit
 
Exhibit
  Description of Exhibit 
     
99.1 
 
EX-99.1 2 ex99_1.htm GOLDCORP ACQUIRES FULL OWNERSHIP OF CANADIAN GOLD ASSETS ex99_1.htm

Exhibit 99.1
 
   
Suite 3400 - 666 Burrard St.
Vancouver, BC, V6C 2X8
Tel: (604) 696-3000
Fax: (604) 696-3001
 
 Toronto Stock Exchange: G
 
All Amounts in $US Dollars

GOLDCORP ACQUIRES FULL OWNERSHIP OF CANADIAN GOLD ASSETS


VANCOUVER, BRITISH COLUMBIA, September 25, 2007 – GOLDCORP INC. (TSX: G, NYSE: GG) today announced that it has entered into a binding agreement with Kinross Gold Corporation to acquire Kinross’ 49% share of the Porcupine gold mines in northeastern Ontario and its 32% share of the Musselwhite gold mine in northwestern Ontario.  In exchange, Kinross will receive Goldcorp’s 50% stake in the La Coipa silver-gold mine in Chile and $200 million in cash.   The transaction is expected to close within 60 days.  The Boards of Directors of both Goldcorp and Kinross have approved the transaction subject to customary closing conditions.
 
“This transaction highlights our continuing commitment to simplify our asset portfolio and to focus efforts within our core operating districts,” said Kevin McArthur, Goldcorp President and Chief Executive Officer.  “In Porcupine and Musselwhite, we have two solid operations with very long mine lives, outstanding growth potential and first-rate operating teams.  We have enjoyed a great relationship with Kinross and we are pleased that La Coipa mine will remain in their capable hands.”
 
On May 12, 2006, Goldcorp acquired a 51% operating interest in Porcupine, a 68% operating interest in Musselwhite and a 50% operating interest in La Coipa. During the first six months of 2007, Porcupine produced a total of 153,333 ounces of gold at a total cash cost of $436 per ounce.  Musselwhite produced 109,853 gold ounces at a total cash cost of $469 per ounce.  La Coipa produced 37,200 gold ounces and 9.9 million silver ounces at a total cash cost of negative $2,526 per ounce.  Cash costs are calculated on a by-product accounting basis.
 
At January 1, 2007, proven and probable gold reserves at Porcupine and Musselwhite were 3.49 million ounces and 1.78 million ounces respectively.  Porcupine is expected to produce in the range of 325,000-350,000 gold ounces annually at a total cash cost between $380-$420 per ounce.  Musselwhite is expected to produce in the range of 225,000-250,000 gold ounces annually also at a total cash cost between $380-$420 per ounce.
 
Goldcorp is one of the world’s lowest-cost and fastest growing multi-million ounce gold producers with operations throughout the Americas.  Its gold production remains 100% unhedged.
 

Cautionary Note Regarding Forward-Looking Statements

Safe Harbor Statement under the United States Private Securities Litigation Reform Act of 1995: Except for the statements of historical fact contained herein, the information presented constitutes “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements, including but not limited to those with respect to the price of gold, silver, copper, zinc and lead, the timing and amount of estimated future production, costs of production, reserve determination and reserve conversion rates involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievement of Goldcorp to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others, risks related to the integration of acquisitions, risks related to international operations, risks related to joint venture operations, the actual results of current exploration activities, actual results of current reclamation activities, conclusions of economic evaluations, changes in project parameters as plans continue to be refined, future prices of gold, silver and copper, zinc and lead as well as those factors discussed in the section entitled “General Development of the Business – Risks of the Business” in Goldcorp’s Form 40-F on file with the Securities and Exchange Commission in Washington, D.C. and Goldcorp’s Annual Information Form on file with the securities regulatory authorities in Canada. Although Goldcorp has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.

For further information, please contact:
 
Jeff Wilhoit e-mail: info@goldcorp.com
Vice President, Investor Relations website: www.goldcorp.com
Goldcorp Inc.  
Telephone: (604) 696-3074  
Fax: (604) 696-3001
 
 
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