Goldcorp Increases Production by 10 Percent During Q2 2012

Goldcorp Inc. (TSX:G,NYSE:GG) announced that it produced 578,600 ounces of gold during the second quarter of 2012, a 10 percent increase, and released updated cash cost guidance information.

As quoted in the press release:

The final calculation of operating costs has not yet been completed, but total cash costs on a by-product basis for the second quarter are expected to be approximately $370 per ounce.  By-product cash costs for the first half of 2012 are expected to be approximately $310 per ounce. On a co-product basis, cash costs are expected to be approximately $620 per ounce for the second quarter and $635 per ounce for the first half of 2012.

Click here to read the full Goldcorp Inc. (TSX:G,NYSE:GG) press release.