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 February 2007
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Goldcorp
Inc.
(Translation
of registrant's name into English)
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Suite 3400
- 666 Burrard St.
Vancouver,
British Columbia V6C 2X8 Canada
(Address
of principal executive offices)
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Indicate
by check mark whether the registrant files or will file annual reports
under
cover Form 20-F or Form 40-F.
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Form
20-F
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....[
].....
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Form
40-F
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....[X]....
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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): ____
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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.
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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.
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Yes
|
[
]
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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. | ||
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Date: February
19, 2007
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/s/Anna
M. Tudela
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Name: Anna M. Tudela |
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Title:
Director,
Legal and Assistant Corporate
Secretary
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 |
Suite
3400 - 666 Burrard St.
Vancouver,
BC, V6C 2X8
Tel:
(604) 696-3000
Fax:
(604) 696-3001
|
| Toronto Stock Exchange: G |
New
York Stock Exchange:
GG
|
GOLDCORP
ANNOUNCES SALE OF PEAK AND AMAPARI MINES
(All
figures are in US dollars unless stated otherwise)
Vancouver,
British Columbia - February 19,
2007 - Goldcorp Inc. (GG:NYSE; G:TSX)
today
announced that it has signed a letter of intent to sell its Peak
mine in
Australia and its Amapari mine in Brazil to GPJ
Ventures Ltd. (TSXV: GPJ.H),
which
will change its name to Peak Gold Ltd. in connection with the
transaction. Under
the terms of the agreement, Goldcorp will receive from Peak Gold
$200 million in
cash and $100 million payable through the issuance of Peak Gold
common shares.
Upon completion of the sale, Goldcorp will own approximately
24 percent of Peak
Gold.
“This
transaction underscores our commitment to simplifying Goldcorp’s asset
portfolio,” said Kevin McArthur, Goldcorp President and Chief Executive Officer.
“It sharpens our geographic focus and provides capital that will
help fund our
growth opportunities and enhance our already-strong financial
flexibility. Our
ownership interest in Peak Gold will also allow us to participate
financially in
the future success of that exciting new growth platform.”
Julio
Carvalho, previously Goldcorp’s Executive Vice President of South America, will
serve as Chief Executive Officer of Peak Gold. Jim Simpson, previously
general
manager of Peak mine, will be the Chief Operating Officer. The
initial Peak Gold
board of directors will be comprised of current Goldcorp Chairman Ian Telfer,
Frank Giustra, Gordon Keep and Mr. Carvalho. Completion of the
transaction is
subject to a number of conditions, including the execution of
definitive
agreements, requisite regulatory approvals, completion by GPJ
of a Cdn.$277.5
million equity financing and approval by disinterested shareholders
of
GPJ.
Goldcorp’s
forecast for 2007 gold production at Peak mine is approximately
120,000 ounces.
Amapari mine is expected to produce approximately 95,000 gold
ounces in 2007.
Proven and probable reserves at Amapari have been revised downward
to 485,000
gold ounces as at December 31, 2006, reflecting the exclusion
of sulfide
mineralization previously included in proven and probable reserves
(please see
www.goldcorp.com
for
complete December 31, 2006 reserve and resource statements for
Amapari and
Peak). As a result, Goldcorp will record an impairment charge
of approximately
$170 million in its 2006 year-end earnings.
Goldcorp
is one of the world’s lowest cost and fastest growing multi-million ounce gold
producers with operations throughout the Americas.
Cautionary
Note Regarding Forward-Looking Statements
This
press release contains “forward-looking statements”, within the meaning of the
United States Private Securities Litigation Reform Act of 1995
and applicable
Canadian Securities legislation. Forward-looking statements include,
but are not
limited to, statements with respect to the completion of the
transaction,
production estimates for the Peak and Amapari mines and the estimated
impairment
charge related to the Amapari mine. Generally, these forward-looking
statements
can be identified by the use of forward-looking terminology such
as “plans”,
“expects” or “does not expect”, “is expected”, “budget”, “scheduled”,
“estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or
“believes”, or variations of such words and phrases or state that certain
actions, events or results “may”, “could”, “would”, “might” or “will be taken”,
“occur” or “be achieved”. Forward-looking statements are subject to known and
unknown risks, uncertainties and other factors that may cause
the actual
results, level of activity, performance or achievements of Goldcorp
to be
materially different from those expressed or implied by such
forward-looking
statements, such as those factors discussed in the section entitled
“Description
of the Business - Risk Factors” in Goldcorp’s annual information form for the
year ended December 31, 2005, available on SEDAR at www.sedar.com.
Although
Goldcorp has attempted to identify important factors that could
cause actual
results to differ materially from those contained in forward-looking
statements,
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. Goldcorp does not
undertake to
update any forward-looking statements that are incorporated by
reference herein,
except in accordance with applicable securities laws.
| Jeff Wilhoit | Melanie Pilon | ||
| Vice President, Investor Relations | Director, Investor Relations | ||
| Goldcorp Inc. | Goldcorp Inc. | ||
| Telephone: (604) 696-3074 | Telephone: 604-696-3024 | ||
| Fax: (604) 696-3001 | Fax: (604) 696-3001 |
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e-mail:
info@goldcorp.com
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website:
www.goldcorp.com
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