|Goldcorp Inc. - G.t is the world's lowest-cost, million-ounce gold producer. Operating assets include five mines in Canada and the U.S., three mines in Mexico, and two in Central and South America|
Red Lake is Goldcorp’s top producer, yielding high grade gold at low cash costs. In 2017 the company produced 2,569,000 ounces at AISC of $825 per ounce.
Goldcorp Inc. has released its fourth quarter and full-year 2017 results.
Fourth quarter highlights:
Net earnings were $242-million, or 28 cents per share, compared with net earnings of $101-million, or 12 cents per share, for the fourth quarter of 2016. Operating cash flows for the fourth quarter of 2017 were $511-million, compared with $239-million for the same period in the prior year. Adjusted operating cash flows were $401-million for the fourth quarter of 2017, compared with $306-million for the same period in the prior year. Gold production was 646,000 ounces at all-in sustaining costs (AISC) of $870 per ounce, compared with 761,000 ounces at AISC of $747 per ounce for the fourth quarter of 2016. Gold production in 2017 exceeded the midpoint of the company's gold production guidance of 2.5 million ounces, while AISC of $824 per ounce for 2017 was in line