Goldcorp Achieves 2018 Production and Cost Guidance JAN 14, 2019 VANCOUVER, Jan. 14, 2019 /CNW/ -
GOLDCORP INC. (TSX: G, NYSE: GG) ("Goldcorp" or the "Company") is pleased to report gold production for the fourth quarter of 630,000 ounces, which was a 25% increase from the third quarter of 2018 and exceeded previously stated guidance. Production for the year ended 2018 was 2,294,000 ounces. All-in sustaining costs for the full year are expected to be at the revised guidance of $850 per ounce. Goldcorp's complete 2018 financial results will be released on February 13, 2019.
In addition, the Pyrite Leach Project at Peñasquito achieved commercial production during December 2018. The project was completed under budget and ahead of schedule and was one the first major projects completed using Goldcorp's Investment Framework.
Due to the announcement of the proposed merger with Newmont, Goldcorp will be cancelling its Investor Day, originally scheduled for January 18, 2019.
This press release contains "forward-looking statements" within the meaning of Section 27A of the United States Securities Act of 1933, as amended, ---------"might" or "will", "occur" or "be achieved" or the negative connotation thereof.
Forward-looking statements are necessarily based upon a number of factors and assumptions that, if untrue, could cause the actual results, --------differ materially from those described in forward- looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended.
Forward-looking statements are subject to known and unknown risks, uncertainties and other important factors that may cause the actual results,--------forward-looking statements that are included in this document, whether as a result of new information, future events or otherwise, except in accordance with applicable securities laws.