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Stock Market & Financial Investment News

News Breaks
January 7, 2013
19:29 EDTGGGoldcorp sees 2013 gold production 2.55M-2.8M ounces, 10% increase YoY
Production is expected to build in 2H13 based on the ramp up at Pueblo Viejo and higher grades late in the year at Peñasquito. For 2013, the company estimates all-in sustaining cash costs of $1,000 to $1,100 per ounce compared to approximately $865 per ounce in 2012. Cash costs are forecast at between $525 to $575 per ounce on a by-product basis and between $700 to $750 per ounce on a co-product basis.
News For GG From The Last 14 Days
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November 21, 2014
05:58 EDTGGGoldcorp implied volatility of 41 at upper end of index mean range
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November 13, 2014
06:07 EDTGGGoldcorp implied volatility of 45 at upper end of index mean range
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November 7, 2014
12:28 EDTGGGoldcorp withdraws environmental impact study for El Morro project
Goldcorp announced that it has withdrawn its Environmental Impact Study for the El Morro copper-gold project in Chile. In October, 2013, the Atacama Region environmental authority issued a new Environmental Assessment Resolution approving the EIS. On October 7, the Chilean Supreme Court issued a final ruling that served to invalidate RCA 232. In withdrawing its EIS, Goldcorp respects the final decision of the Chilean Supreme Court and reiterates its commitment to open and transparent dialogue with all stakeholders and to upholding the highest standards of health, safety, and environmental stewardship everywhere Goldcorp operates. The El Morro project team has commenced new studies to determine the optimal new development plan for the El Morro project that meets Goldcorp's investment return criteria. At December 31, 2013, the El Morro project on a 70% basis contains proven and probable gold reserves of 6.73M ounces (449.51Mt @ 0.47g/t Au) and proven and probable copper reserves of 4.89B pounds (449.51MT @ 0.49% Cu). The project comprises a large, 36 square-kilometer land package with significant exploration potential.

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