 | 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. |  |
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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
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