Goldcorp announces first gold production at Cerro Negro

|About: Goldcorp Inc. (GG)|By:, SA News Editor

Goldcorp (NYSE:GG) says it has achieved first gold production at its Cerro Negro high-grade gold mine in Argentina, which the company says was completed within its capital cost guidance range.

GG says its 2014 gold production guidance remains on track at 130K-180K oz., while reducing expected initial capital costs by $100M to $1.6B-$1.7B.