Vancouver, British Columbia – August 25, 2010 – GOLDCORP INC. (GG: NYSE; G: TSX)
announced today that the Los Filos mine in Mexico has become fully
certified under the International Cyanide Management Code for the
Manufacture, Transport and Use of Cyanide in the Production of Gold
(“the Cyanide Code”). Los Filos is Goldcorp’s fifth gold mine to
receive full certification. The Marigold mine in Nevada was the first
gold mine in the world to be fully certified under the Cyanide Code,
followed by El Sauzal mine (the first in Mexico), Marlin mine (first in
Central America) and Musselwhite mine (the first in Canada).
The Cyanide Code is a voluntary industry program for
companies involved in the production of gold using cyanide. It was
developed under the auspices of the United Nations Environment Program
with the goal of safeguarding human health and the environment by
promoting responsible management of cyanide used in gold mining.
“Los Filos’ certification is the latest example of
Goldcorp’s leadership in environmental stewardship and social
responsibility,” said Chuck Jeannes, Goldcorp President & Chief
Executive Officer. “Goldcorp remains committed to operating all of its
mines to the highest possible standards, with an emphasis on
safeguarding the health and well-being of our employees and the
communities in which we operate.”
Goldcorp is North America’s fastest growing senior gold producer. Its low-cost gold production is located in safe jurisdictions in the Americas and remains 100% unhedged.
Cautionary Note Regarding Forward-Looking Statements
This press release contains “forward-looking
statements”, within the meaning of the United States Private Securities
Litigation Reform Act of 1995 and applicable Canadian securities
legislation, concerning the business, operations and financial
performance and condition of Goldcorp Inc. Forward-looking statements
include, but are not limited to, statements with respect to the future
price of gold, silver, copper, lead and zinc, the estimation of mineral
reserves and resources, the realization of mineral reserve estimates,
the timing and amount of estimated future production, costs of
production, capital expenditures, costs and timing of the development of
new deposits, success of exploration activities, permitting time lines,
hedging practices, currency exchange rate fluctuations, requirements
for additional capital, government regulation of mining operations,
environmental risks, unanticipated reclamation expenses, timing and
possible outcome of pending litigation, title disputes or claims and
limitations on insurance coverage. Generally, these forward-looking
statements can be identified by the use of forward-looking terminology
such as “plans”, “expects” “is expected”, “budget”, “scheduled”,
“estimates”, “forecasts”, “intends”, “anticipates”, “believes” or the
negative connotation thereof or variations of such words and phrases or
statements that certain actions, events or results “may”, “could”,
“would”, “might” or “will be taken”, “occur” or “be achieved” or the
negative connotation thereof. All forward-looking statements are
developed based on assumptions about such risks, uncertainties and other
factors set at herein. Forward-looking statements are subject to
known and unknown risks, uncertainties and other factors that may cause
the actual results, level of activity, performance or achievements of
Goldcorp to be materially different from those expressed or implied by
such forward-looking statements, including but not limited to: risks
related to the integration of acquisitions; risks related to
international operations; risks related to joint venture operations;
actual results of current exploration activities; actual results of
current reclamation activities; conclusions of economic evaluations;
changes in project parameters as plans continue to be refined; future
prices of gold, silver, copper, lead and zinc; possible variations in
ore reserves, grade or recovery rates; failure of plant, equipment or
processes to operate as anticipated; accidents, labour disputes; delays
in obtaining governmental approvals or financing or in the completion of
development or construction activities and other risks of the mining
industry, as well as those factors discussed in the section entitled
“Description of the Business – Risk Factors” in Goldcorp’s annual
information form for the year ended December 31, 2009 available at
www.sedar.com. Although Goldcorp has attempted to identify important
factors that could cause actual results to differ materially from those
contained in forward-looking statements, there may be other factors that
cause results not to be as anticipated, estimated or intended. There
can be no assurance that such statements will prove to be accurate, as
actual results and future events could differ materially from those
anticipated in such statements. Accordingly, readers should not place
undue reliance on forward-looking statements. The
forward-looking statements contained in this press release are made as
of the date of this press release and, accordingly, are subject to
change after such date. Except as otherwise indicated by Goldcorp,
these statements do not reflect the potential impact of any
non-recurring or other special items or of any dispositions,
monetizations, mergers, acquisitions, other business combinations or
other transactions that may be announced or that may occur after the
date hereof. Forward-looking statements are provided for the purpose of
providing information about management’s current expectations and plans
and allowing investors and others to get a better understanding of
Goldcorp's operating environment.Goldcorp
does not undertake to update any forward-looking statements that are
included in this document, except in accordance with applicable
securities laws.
For further information, please contact:
Jeff
Wilhoit
Vice President, Investor Relations
Goldcorp Inc.
Telephone: (604) 696-3074
Fax: (604) 696-3001
E-mail: info@goldcorp.com
website: www.goldcorp.com