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GOLDCORP INC (NYSE:GG) Goldcorp Inc. (Goldcorp) is a North American-based gold producer engaged in exploration, extraction and processing of gold. The Company's primary asset is its Red Lake Mine, a gold mine in Canada. It's other operations include the Bajo de la Alumbrera gold-copper min...
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Published in | M2 Presswire p. 1 |
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Format | Newsletter |
Language | English |
Published |
Coventry
Normans Media Ltd
09.08.2007
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Subjects | |
Online Access | Get full text |
Cover
Summary: | GOLDCORP INC (NYSE:GG) Goldcorp Inc. (Goldcorp) is a North American-based gold producer engaged in exploration, extraction and processing of gold. The Company's primary asset is its Red Lake Mine, a gold mine in Canada. It's other operations include the Bajo de la Alumbrera gold-copper mine (the Alumbrera Mine) in Argentina; a 100% interest in each of the San Dimas gold-silver mine (the San Dimas Mine); the San Martin gold-silver mine (the San Martin Mine); the Nukay gold-silver mine (the Nukay Mine) in Mexico, and a 100% interest in the Peak gold mine (the Peak Mine) in Australia. Goldcorp also has 100% interests in the Los Filos gold development stage project (the Los Filos Project) in Mexico and the Amapari gold project (the Amapari Project) in Brazil. Goldcorp also owns approximately 59% of Silver Wheaton Corp. (Silver Wheaton), a mining company with 100% of its revenue from silver production. The Alumbrera Mine consists of five facilities, with support offices located in Tucum?n, Catamarca City, Rosario and Buenos Aires: an open pit mine, processing facilities and central administration offices at Alumbrera, Catamarca; a 316-kilometre concentrate slurry pipeline through Catamarca and Tucum?n Provinces; a 202-kilometre, 220 kilovolt power line from the project's substation at El Bracho, Tucum?n; a filter plant and rail loading facilities at Cruz del Norte, Tucum?n, and a port, handling facilities and train maintenance facilities at San Mart?n near Rosario, Santa F?. The open pit mine is located on a 600-hectare mining lease at Alumbrera, near Belen in northwestern Argentina, 1,100 kilometers northwest of Buenos Aires. The mining lease encompasses all mineralized areas of the deposit. The Alumbrera Mine processes ore through conventional crushing, grinding, sulphide flotation and gravity gold circuits. Concentrate slurry from the processing facilities is pumped 316 kilometers to a filter plant at Cruz del Norte. Concentrates from the filter plant are shipped 830 kilometers by rail from Cruz del Norte, Tucum?n to Puerto Alumbrera. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a companies' annual report on Form 10-K or 10-KSB and other filings made by such company with the SEC. |
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