Monday, May 05, 2014 12:54:39 PM
of new land occupancy agreement -
May 05, 2014
TSX: G NYSE: GG
VANCOUVER, May 5, 2014 /CNW/ -
GOLDCORP INC.
(TSX: G, NYSE: GG) announced today that its Los Filos mine in
Guerrero State, Mexico has resumed all operations following a
negotiated settlement with the Carrizalillo Ejido for a new land
occupancy agreement with a five-year term.
Operations at Los Filos had been suspended since April 2, 2014.
Due to the suspension, forecast 2014 gold production at
Los Filos is expected to be at the low end of the mine's guidance
range of between 330,000 and 345,000 ounces.
Goldcorp has reconfirmed overall company guidance of
between 2.95 and 3.10 million gold ounces for the year.
The Los Filos mine directly employs more than 2,600 people from
the surrounding communities with an estimated 10,000 additional
jobs created as a result of the mine's presence in the region.
Goldcorp is one of the world's fastest growing
senior gold producers.
Its low-cost gold production is located in safe jurisdictions
in the Americas and remains 100% unhedged.
http://www.goldcorp.com/English/Investor-Resources/News/News-Details/2014/Goldcorp-resumes-operations-at-Los-Filos-mine-following-completion-of-new-land-occupancy-agreement/default.aspx
http://www.goldcorp.com/English/Unrivalled-Assets/Mines-and-Projects/Mexico/Operations/Los-Filos/Overview-and-Operating-Highlights/default.aspx
Carl Swenlin: Gold Breaks Out of Falling Wedge
May 3, 2014
Gold broke out of its recent falling wedge pattern, which is
the TI expectation for that pattern -
God Bless
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