GOLDCORP INC. reported third quarter gold production of 596,200 ounces and lower cash costs of production, leading to record operating cash flows before working capital changes of Can$470.6 million. Quarter Highlights includes; Revenues increased 28% over the 2009 third quarter, to Can$885.8 million, on gold sales of 568,100 ounces. The Company has reaffirmed 2010 production guidance of approximately 2.55 million ounces of gold. Cost performance Company-wide remains very strong, with total cash costs for the year now expected at below previous guidance of approximately Can$350 on a by-product basis and Can$450 on a co-product basis.
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