Feb 13 Goldcorp Inc reported a quarterly
loss of more than $1 billion on Thursday due to impairment
charges, deferred tax charges and other one-time items.
The Vancouver-based miner said its net loss in the fourth
quarter was $1.1 billion, or $1.34 a share. That compared with a
year-earlier profit of $504 million, or 47 cents a share.
Excluding all the one-time tax and impairment charges, along
with reclamation and closure costs for Goldcorp's inactive mine
sites, the company reported a profit of $74 million, or 9 cents
a share, down from $465 million, or 57 cents a share, a year
earlier, when precious metal prices were significantly higher.