Wednesday, May 20, 2015

Goldcorp Inc. - G.t

Goldcorp Inc. - G.t is the world's lowest-cost, million-ounce gold producer. Operating assets include five mines in Canada and the U.S., three mines in Mexico, and two in Central and South America

Red Lake is Goldcorp’s top producer, yielding high grade gold at very low cash costs. The High Grade Zone is the backbone of the Red Lake operation, with an average grade of more than two ounces of gold per tonne.




On April 30, 2015 the company released Numbers

GOLDCORP INC. (TSX: G, NYSE: GG) today reported sales of 827,500 gold ounces resulting in adjusted operating cash flow, of $366 million for the first quarter of 2015, compared to adjusted operating cash flow of $281 million for the first quarter of 2014. Adjusted quarterly revenues were $1.27 billion, generating adjusted net earnings1,2 of $12 million, or $0.01 per share, compared to adjusted net earnings of $209 million, or $0.26 per share, for the first quarter of 2014. Reported net loss for the quarter was $87 million, or ($0.11) per share, compared to net earnings of $98 million, or $0.12 per share, for the first quarter of 2014.

First Quarter 2015 Highlights
•Quarterly gold sales of 827,500 ounces; gold production1 of 724,800 ounces.
•Adjusted revenues of $1.27 billion.
•All-in sustaining costs1,4 of $885 per ounce.
•Adjusted net earnings of $12 million, or $0.01 per share.
•Adjusted operating cash flow of $366 million.
•Dividends paid of $122 million.
•Declared commercial production at Cerro Negro on January 1, 2015 and at Éléonore on April 1, 2015.
•Completed acquisition of Probe Mines on March 13, 2015.
•Completed sale of Wharf on February 20, 2015.
•Minera Peñasquito reached a settlement agreement with Cerro Gordo Ejido.

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