Goldcorp Inc. (GG) |
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This is a printer friendly page! Goldcorp
is
a financially secure company, with excellent growth potential and is
one of North America's largest unhedged gold company
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We have a very exciting expansion program going on at our Red Lake Mine, which will take a little more than six months. By the second half of 2006, we will have completed an elevator shaft that will be down 7,200 ft. below surface. It will allow us to increase our production at our Red Lake Mine from 500,000 ounces a year to 700,000 ounces and allow us to drop our cost of production below seventy dollars an ounce. It has a lot of extra capacity built into it. We are excited about that new platform because it will allow us to accelerate our new exploration. - Robert McEwen |
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