TSX: G
NYSE: GG
VANCOUVER, Nov. 24, 2014 /CNW/ - GOLDCORP INC.
(TSX: G, NYSE: GG) announced today it has been ranked among
the top 100 companies in the world for its sustainability reporting
and performance by the NASDAQ OMX CRD Global Sustainability
Index.
"We are proud to be recognized as a global leader for our
sustainable business practices," said Chuck
Jeannes, Goldcorp's President and CEO. "Goldcorp's
commitment to responsible mining and to creating sustainable value
for all of our stakeholders remains the focus of our strategy for
how we conduct all of our operations world-wide."
"Goldcorp continues to strengthen its environmental, social and
governance (ESG) performance and reporting and it is gratifying to
see those efforts recognized," said Brent
Bergeron, Senior Vice President Corporate Affairs.
"Over the past year Goldcorp has focused on the
implementation of our Sustainability Excellence Management System
(SEMS) which provides a consistent approach to sustainability
across the company and ensures we're meeting or exceeding the
highest, internationally-accepted standards in all aspects of our
operations."
The NASDAQ OMX CRD Global Sustainability Index is an
equally-weighted equity index that serves as a benchmark for stocks
of companies that are taking a leadership role in sustainability
performance reporting and are traded on a major U.S. stock
exchange. The Index is made up of companies that have taken a
leadership role in disclosing their carbon footprint, energy usage,
water consumption, hazardous and non-hazardous waste, employee
safety, workforce diversity, management composition and community
investing.
These are companies that are voluntarily disclosing their
current environmental, social and governance risks as well as their
revenue opportunities and how it will affect future performance.
The securities must also meet other eligibility criteria which
include minimum requirements for market value, average daily share
volume, and price. The Index is evaluated on a semi-annual basis in
May and November. For more information about the NASDAQ OMX CRD
Global Sustainability Index, including detailed eligibility
criteria, visit https://indexes.nasdaqomx.com/.
More information on Goldcorp's social, environmental and
economic performance can be found in the company's annual
sustainability report. The report is published as part of the
company's ongoing obligations as member of the International
Council on Mining and Metals and in accordance with its commitments
under the United Nations' Global Compact and the Voluntary
Principles on Security and Human Rights.
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,
2013 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.