Goldcorp cuts forecasted gold production, blames operating delays, drought
VANCOUVER – Goldcorp Inc. (TSX:G) cut its 2012 gold production guidance Tuesday to between 2.35 and 2.45 million ounces from 2.6 million ounces. The company blamed operating delays at its Red Lake mine in Ontario and inadequate water supply at its Penasquito mine in Mexico for the reduced production.
Join the Conversation!
Want to share your thoughts, add context, or connect with others in your community? Create a free account to comment on stories, ask questions, and join meaningful discussions on our new site.
Leave a Reply
You must be logged in to post a comment.