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Strong gold price boosts Goldcorp, Agnico profits
Oct. 28, 2010 12:20AM PST
Precious Metals Investing
Reuters reports that Goldcorp Inc (TSE: G, NYSE: GG) and Agnico-Eagle Mines (TSE: AEM, NYSE: AEM) announced solid quarterly profits.
Reuters reports that Goldcorp Inc (TSX: G, NYSE: GG) and Agnico-Eagle Mines (TSX: AEM, NYSE: AEM) announced solid quarterly profits.
The market news is quoted as saying:
Both Goldcorp and its smaller rival Agnico-Eagle reiterated their full-year production forecasts. Goldcorp expects output of about 2.55 million ounces in 2010, while Agnico expects its output to be between 1 million and 1.1 million ounces.
