{"id":18600,"date":"2019-01-30T08:39:37","date_gmt":"2019-01-30T13:39:37","guid":{"rendered":"https:\/\/wawa-news.com\/?p=18600"},"modified":"2019-01-30T08:39:37","modified_gmt":"2019-01-30T13:39:37","slug":"goldcorp-provides-a-summary-of-fourth-quarter-2018-milestones-and-2019-production-and-cost-guidance","status":"publish","type":"post","link":"https:\/\/wawa-news.com\/index.php\/2019\/01\/30\/goldcorp-provides-a-summary-of-fourth-quarter-2018-milestones-and-2019-production-and-cost-guidance\/","title":{"rendered":"Goldcorp Provides a Summary of Fourth Quarter 2018 Milestones and 2019 Production and Cost Guidance"},"content":{"rendered":"<p>Goldcorp is providing a summary of fourth quarter 2018 milestones and 2019 annual guidance.<\/p>\n<p><b>Fourth Quarter Milestones<\/b><\/p>\n<ul>\n<li>As previously disclosed, fourth quarter 2018 gold production of 630,000 ounces exceeded guidance. All-in sustaining costs for the full year are expected to be in line with guidance of <span class=\"xn-money\">$850<\/span> per ounce.<\/li>\n<li><b>Cerro Negro<\/b> exited the year at 4,000 tonnes of ore per day, completing the ramp up of the mine to nameplate capacity.<\/li>\n<li><b>\u00c9l\u00e9onore<\/b> exited the year at 6,600 tonnes of ore per day and produced an average of 35,000 ounces per month in the fourth quarter, in line with targeted annual gold production of 400,000 ounces.<\/li>\n<li>At <b>Pe\u00f1asquito<\/b> the Pyrite Leach Project achieved commercial production. The project was completed under budget and ahead of schedule.<\/li>\n<li>At <b><span class=\"xn-location\">Porcupine<\/span><\/b>, <span class=\"xn-location\">Borden<\/span> has obtained all permits and is advancing towards commercial production in the second half of 2019. <span class=\"xn-location\">Borden<\/span>will be the world&#8217;s first all electric mine and is expected to create 200 jobs in the <span class=\"xn-location\">Chapleau, Ontario<\/span> area.<\/li>\n<\/ul>\n<p><b>Detailed 2019 Guidance<\/b><\/p>\n<div>\n<div class=\"divOverflow\"><\/div>\n<\/div>\n<p><a href=\"https:\/\/wawa-news.com\/wp-content\/uploads\/2019\/01\/Screen-Shot-2019-01-30-at-8.38.05-AM.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-18601 size-large\" src=\"https:\/\/wawa-news.com\/wp-content\/uploads\/2019\/01\/Screen-Shot-2019-01-30-at-8.38.05-AM-600x469.png\" alt=\"\" width=\"600\" height=\"469\" srcset=\"https:\/\/wawa-news.com\/wp-content\/uploads\/2019\/01\/Screen-Shot-2019-01-30-at-8.38.05-AM-600x469.png 600w, https:\/\/wawa-news.com\/wp-content\/uploads\/2019\/01\/Screen-Shot-2019-01-30-at-8.38.05-AM-300x235.png 300w, https:\/\/wawa-news.com\/wp-content\/uploads\/2019\/01\/Screen-Shot-2019-01-30-at-8.38.05-AM-768x601.png 768w, https:\/\/wawa-news.com\/wp-content\/uploads\/2019\/01\/Screen-Shot-2019-01-30-at-8.38.05-AM.png 872w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><\/a><\/p>\n<p>While gold grades in the first quarter of 2019 are expected to be lower at Cerro Negro, \u00c9l\u00e9onore and <span class=\"xn-location\">Red Lake<\/span>, due to mine sequencing, gold production in 2019 is expected to increase progressively each quarter as the Musselwhite Materials Handling and <span class=\"xn-location\">Borden<\/span> projects are expected to achieve commercial production in the second half of the year. In addition, grades and recoveries are expected to steadily climb at Pe\u00f1asquito as the mine benefits from the completion of the multi-year waste stripping campaign in the main Pe\u00f1asco pit and a full year of operation at the now fully commissioned pyrite leach plant.<\/p>\n<p>Further to the press release dated, <span class=\"xn-chron\">January 14, 2019<\/span>, entitled <i>Newmont and Goldcorp Combine to Create World&#8217;s Leading Gold Company<\/i>, subsequent to the expected closing in the second quarter of 2019, Newmont Goldcorp will provide updated guidance for the combined company.<\/p>\n<div>\n<div class=\"divOverflow\">\n<div class=\"table-responsive\">\n<table id=\"convertedTable0369\" class=\"prngen1\" border=\"0\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td class=\"prngen6\" colspan=\"2\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen7\"><\/td>\n<td class=\"prngen6\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen7\"><\/td>\n<td class=\"prngen6\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen7\"><\/td>\n<td class=\"prngen8\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen7\"><\/td>\n<td class=\"prngen8\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen7\"><\/td>\n<td class=\"prngen8\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen7\"><\/td>\n<td class=\"prngen8\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen7\"><\/td>\n<td class=\"prngen8\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen7\"><\/td>\n<td class=\"prngen8\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen7\"><\/td>\n<td class=\"prngen8\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\"><br class=\"dnr\" \/><\/span><span class=\"prnews_span\"><br class=\"dnr\" \/><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen7\"><\/td>\n<td class=\"prngen8\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen7\"><\/td>\n<td class=\"prngen8\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen7\"><\/td>\n<td class=\"prngen8\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen7\"><\/td>\n<td class=\"prngen8\"><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<\/div>\n<p><b>About Goldcorp<\/b>\u00a0<a href=\"http:\/\/www.goldcorp.com\/\" target=\"_blank\" rel=\"nofollow noopener\">www.goldcorp.com<\/a><\/p>\n<p>Goldcorp is a senior gold producer focused on responsible mining practices with safe, low-cost production from a high-quality portfolio of mines.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Goldcorp is providing a summary of fourth quarter 2018 milestones and 2019 annual guidance. Fourth Quarter Milestones As previously disclosed, fourth quarter 2018 gold production of 630,000 ounces exceeded guidance. All-in sustaining costs for the full year are expected to be in line with guidance of $850 per ounce. Cerro Negro exited the year at &#8230;<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[47],"tags":[],"class_list":["post-18600","post","type-post","status-publish","format-standard","hentry","category-business"],"publishpress_future_action":{"enabled":false,"date":"2026-04-18 03:07:33","action":"change-status","newStatus":"draft","terms":[],"taxonomy":"category","extraData":[]},"publishpress_future_workflow_manual_trigger":{"enabledWorkflows":[]},"_links":{"self":[{"href":"https:\/\/wawa-news.com\/index.php\/wp-json\/wp\/v2\/posts\/18600","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wawa-news.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wawa-news.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wawa-news.com\/index.php\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/wawa-news.com\/index.php\/wp-json\/wp\/v2\/comments?post=18600"}],"version-history":[{"count":1,"href":"https:\/\/wawa-news.com\/index.php\/wp-json\/wp\/v2\/posts\/18600\/revisions"}],"predecessor-version":[{"id":18602,"href":"https:\/\/wawa-news.com\/index.php\/wp-json\/wp\/v2\/posts\/18600\/revisions\/18602"}],"wp:attachment":[{"href":"https:\/\/wawa-news.com\/index.php\/wp-json\/wp\/v2\/media?parent=18600"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wawa-news.com\/index.php\/wp-json\/wp\/v2\/categories?post=18600"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wawa-news.com\/index.php\/wp-json\/wp\/v2\/tags?post=18600"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}