BRIEF-Goldcorp secures $40.1 mln bond to cover closure obligation of Éléonore mine

Tue, 04 Mar - 4:37am

March 3 (Reuters) - Goldcorp Inc G.TO :

* Press release - Goldcorp sets aside full rehabilitation cost for its state of

the art Éléonore Gold Mine in northern Quebec

* Secured a bond in the amount of $40.1 million to cover 100% of the closure

obligation related to its Éléonore mine site in northern Quebec

* Says Éléonore mine is slated to commence production later this year

* Gold reserves at Éléonore mine are estimated at 4 million ounces

* Éléonore mine's estimated 2014 production is between 40,000 and 60,000 ounces

* Says average 2014 annual output is expected to reach 600,000 ounces once the Éléonore mine reaches full production

* Source text for Eikon News Search ID:nCNW7PwQRa

* Further company coverage G.TO

((Bangalore Newsroom; +1 646 223 8780))

URN: 
urn:newsml:reuters.com:20140303:nASB08DVW:10
Topics: 
US CMPNY CA PREC MINE BLR LEN RTRS MIN GDM BMAT MTAL AMERS

Contact Us

Due to the security nature of our business, personal meetings are only by pre-arranged appointment.
Phone at any time on

1300 987 995

info@ausmint.com