Goldcorp Inc Revises FY 2012 Production Guidance

Goldcorp Inc announced that for fiscal 2012, it revises gold production guidance to be between 2.35 and 2.45 million ounces compared to previous guidance of 2.6 million ounces. Due to the lower expected production, total cash cost guidance has also been revised, to $310 to $340 per ounce of gold on a by-product basis(2) and $625 to $650 per ounce on a co-product basis. This compares to previous guidance of $250 to $275 per ounce on a by-product basis and $550 to $600 per ounce on a co-product basis.