Goldcorp Announces First Gold at the Pyrite Leach Project
GOLDCORP (GG)
Last goldcorp earnings: 2/13 05:51 pm
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US:NYSE Investor Relations:
goldcorp.com/investors/default.aspx
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Source: PR Newswire
VANCOUVER, Nov. 29, 2018 /PRNewswire/ - GOLDCORP INC. (TSX: G, NYSE: GG) Goldcorp is pleased to announce first gold has been achieved at Peñasquito's (100% owned, Mexico), Pyrite Leach Project ("PLP"). Commissioning commenced in the third quarter of 2018 and the PLP is now processing 100% of the existing plant tailings. The PLP plant is operating 24 hours a day and is continuing the planned ramp-up process."PLP was a major investment decision for Goldcorp and one of the first that went through our Goldcorp Investment Framework." said David Garofalo, President and Chief Executive Officer of Goldcorp. "We are very pleased with the results in completing the project both ahead of budget and schedule. We are already moving forward with a post investment review where we can take our lessons learned to continue to improve our framework and overall capital allocation strategy."Key Highlights:With a focus on safety and reliability, the PLP has been delivered with over 9.5 Million site-hours
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