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Goldcorp Operating Cash Flow Exceeds $1.2 Billion on Record 2009 Gold Production

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Old Mar 11th, 2010, 06:10 PM   #1
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Goldcorp Operating Cash Flow Exceeds $1.2 Billion on Record 2009 Gold Production

VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 11, 2010) - GOLDCORP INC. (TSX:G)(NYSE:GG) today reported gold production of 601,300 ounces at a total cash cost(1) of $289 per ounce for the quarter ended December 31, 2009. Fourth quarter adjusted net earnings(2) amounted to $182.7 million, or $0.25 per share, and operating cash flows before working capital changes(3) for the fourth quarter was $307.6 million or $0.42 per share. For the year, Goldcorp produced 2.42 million ounces of gold at a total cash cost of $295 per ounce, generating adjusted net earnings of $588.2 million or $0.80 per share and operating cash flows before working capital changes of $1.2 billion or $1.61 per share.

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