Goldcorp

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Goldcorp Inc.
Type Public
Industry Gold Mining
Headquarters Vancouver, British Columbia, Canada
Key people Charles Jeannes, President & CEO
Revenue $2,723.60 million (2009)[1]
Operating income $816.00 million (2009)[1]
Net income $240.20 million (2009)[1]
Total assets

$20.95 billion (2010)[2][3]

2010 Rank 805[4]
Total equity

[3]$31.59 billion (2010)

2010 Rank 252[4]
Employees 1,862 (2008)[5]
Website www.goldcorp.com

Goldcorp Inc.' (TSXG, NYSEGG) claims it is one of the world’s lowest cost and fastest growing multi-million ounce gold producers. Headquartered in Vancouver, British Columbia, Canada, Goldcorp has 16 operations and development projects in 6 countries across the Americas [6]. Goldcorp also claims it has one of the industry's strongest production growth profiles with an anticipated increase in gold production of over 50% over the next five years.

Goldcorp produced 2.42 million troy ounces of gold in 2009 at a total cash cost of $295 per ounce of gold. Adjusted net earnings increased to $588.2 million compared to $397 million in 2008. Goldcorp continues to pay a monthly dividend to shareholders which amounted to $131.7 million during 2009.

On March 23, 2010 Goldcorp hosted the official inauguration of its new Peñasquito Mine located in the State of Zacatecas, Mexico. The current Peñasquito mine plan projects operations over 20 years, creation of more than 2,000 direct new jobs, and the creation of as many as 12,500 indirect new jobs.

Contents

[edit] Operations

Goldcorp operations include:

Goldcorp projects include:

[edit] History

[edit] See also

[edit] References

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