(All Amounts in U.S. dollars)
VANCOUVER, June 24, 2015 /CNW/ - GOLDCORP INC.
(TSX: G, NYSE: GG) today released its latest Sustainability
Report, which provides detailed insights into the Company's
economic, environmental, and social performance, as well as its
commitment to responsible mining and sustainability excellence.
"We believe transparency is fundamental to building and
maintaining trust amongst the people and communities affected by
our operations, and our sustainability report is just one of the
tools we use to demonstrate that commitment," said Brent Bergeron, Goldcorp Executive Vice
President, Corporate Affairs and Sustainability. "Our annual
Sustainability Report is a valuable opportunity to engage our
stakeholders on our sustainability performance with the aim of
improving the relevance, accessibility and transparency of our
reporting and ultimately, drives our performance on an ongoing
basis."
Performance highlights from the 2014 report include:
- Achieved zero workplace fatalities, Goldcorp's number one
corporate objective.
- Rolled out Goldcorp's Sustainability Excellence Management
System (SEMS), which provides an integrated platform for delivering
on, and measuring the impact of, the Company's sustainability
commitments and objectives.
- Enhanced stakeholder partnerships by signing two agreements
with First Nations communities and joining the Mining Association
of Canada and the World Economic
Forum.
- Became a signatory to the Catalyst Accord, an initiative that
encourages diversity and the inclusion of women on boards of
directors.
- Developed the Tailings Stewardship Strategy, which sets best
practice standards that complement government regulations.
- Contributed approximately $62
million in community contributions through community
investments, donations, sponsorships, infrastructure investments,
and collaborative agreements.
The 2014 Sustainability Report is the product of improved
integration of sustainability issues with other business drivers
and features four new components: expanded sustainability targets,
synthesized achievements and challenges faced during the reporting
period, improved information on strategy and management approaches,
and improvements to formatting so that readers can access
information in different ways.
The report is independently assured and follows the requirements
of the Global Reporting Initiative, the United Nations Global
Compact, and the International Council on Mining and Metals. It is
available at http://csr.goldcorp.com and as a downloadable PDF.
Over the years, Goldcorp has also been recognized for its
achievements in corporate social responsibility and sustainability
by NASDAQ, Sustainalytics, Dow Jones, Randstad, YWCA, Mexican
Centre for Philanthropy and Alliance for Corporate Social
Responsibility and the Canadian Land Reclamation Association.
Goldcorp is one of the world's fastest growing gold
producers. Its low-cost gold production is located in safe
jurisdictions in the Americas and remains 100% unhedged.
Cautionary Note Regarding Forward Looking
Statements
This press release contains "forward-looking statements", within
the meaning of the United States Private Securities Litigation
Reform Act of 1995 and applicable Canadian securities legislation,
concerning the business, operations and financial performance and
condition of Goldcorp Inc. ("Goldcorp"). Forward-looking statements
include, but are not limited to, statements with respect to the
future price of gold, silver, copper, lead and zinc, the estimation
of mineral reserves and resources, the realization of mineral
reserve estimates, the timing and amount of estimated future
production, costs of production, capital expenditures, costs and
timing of the development of new deposits, success of exploration
activities, permitting time lines, hedging practices, currency
exchange rate fluctuations, requirements for additional capital,
government regulation of mining operations, environmental risks,
unanticipated reclamation expenses, timing and possible outcome of
pending litigation, title disputes or claims and limitations on
insurance coverage. Generally, these forward-looking
statements can be identified by the use of forward-looking
terminology such as "plans", "expects", "is expected",
"budget", "scheduled", "estimates", "forecasts", "intends",
"anticipates", "believes" or variations of such words and phrases
or statements that certain actions, events or results "may",
"could", "would", "might" or "will be taken", "occur" or "be
achieved" or the negative connotation thereof.
Forward-looking statements are made based upon certain
assumptions and other important factors that, if untrue, could
cause the actual results, performances or achievements of Goldcorp
to be materially different from future results, performances or
achievements expressed or implied by such statements. Such
statements and information are based on numerous assumptions
regarding present and future business strategies and the
environment in which Goldcorp will operate in the future, including
the price of gold, anticipated costs and ability to achieve goals.
Certain important factors that could cause actual results,
performances or achievements to differ materially from those in the
forward-looking statements include, among others, gold price
volatility, discrepancies between actual and estimated production,
mineral reserves and resources and metallurgical recoveries, mining
operational and development risks, litigation risks, regulatory
restrictions (including environmental regulatory restrictions and
liability), activities by governmental authorities (including
changes in taxation), currency fluctuations, the speculative nature
of gold exploration, the global economic climate, dilution, share
price volatility, competition, loss of key employees, additional
funding requirements and defective title to mineral claims or
property. Although Goldcorp has attempted to identify
important factors that could cause actual actions, events or
results to differ materially from those described in
forward-looking statements, there may be other factors that cause
actions, events or results not to be as anticipated, estimated or
intended.
Forward-looking statements are subject to known and unknown
risks, uncertainties and other important factors that may cause the
actual results, level of activity, performance or achievements of
Goldcorp to be materially different from those expressed or implied
by such forward-looking statements, including but not limited to:
risks related to the integration of acquisitions; risks related to
international operations, including economic and political
instability in foreign jurisdictions in which Goldcorp operates;
risks related to current global financial conditions; risks related
to joint venture operations; actual results of current exploration
activities; environmental risks; future prices of gold, silver,
copper, lead and zinc; possible variations in ore reserves, grade
or recovery rates; mine development and operating risks; accidents,
labour disputes and other risks of the mining industry; delays in
obtaining governmental approvals or financing or in the completion
of development or construction activities; risks related to
indebtedness and the service of such indebtedness, as well as those
factors discussed in the section entitled "Description of the
Business – Risk Factors" in Goldcorp's annual information form for
the year ended December 31,
2014 available at www.sedar.com. Although Goldcorp has
attempted to identify important factors that could cause actual
results to differ materially from those contained in
forward-looking statements, there may be other factors that cause
results not to be as anticipated, estimated or intended.
There can be no assurance that such statements will prove to be
accurate, as actual results and future events could differ
materially from those anticipated in such
statements. Accordingly, readers should not place undue
reliance on forward-looking statements. Forward-looking
statements are made as of the date hereof and accordingly are
subject to change after such date. Except as otherwise
indicated by Goldcorp, these statements do not reflect the
potential impact of any non-recurring or other special items or of
any dispositions, monetizations, mergers, acquisitions, other
business combinations or other transactions that may be announced
or that may occur after the date hereof. Forward-looking
statements are provided for the purpose of providing information
about management's current expectations and plans and allowing
investors and others to get a better understanding of our operating
environment. Goldcorp does not undertake to update any
forward-looking statements that are included in this document,
except in accordance with applicable securities laws.
SOURCE Goldcorp Inc.