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Cerro Negro Achieves First Gold Production

Posted by ipso facto @ 13:20 on July 25, 2014  

VANCOUVER , July 25, 2014 /CNW/ – GOLDCORP INC. (TSX: G, NYSE: GG) announced today that first gold production has been achieved at Cerro Negro, a high grade gold mine located in the Santa Cruz province of Argentina .

“We are very pleased to have first production on schedule and within our current capital cost guidance range from this world class mine,” said Chuck Jeannes , Goldcorp President and Chief Executive Officer. “Very importantly, this achievement was reached safely, with Cerro Negro in the midst of a run of over 4.1 million man hours without a lost time accident. This milestone signals not only the start of Cerro Negro’s mine life, but also a period of sustained growth for Goldcorp. The team at Cerro Negro has done an outstanding job amid occasionally challenging circumstances and I congratulate them for this outstanding effort. We look forward to strong contributions from Cerro Negro to Goldcorp’s overall performance for many years to come.”

http://finance.yahoo.com/news/cerro-negro-achieves-first-gold-171300704.html

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.