Goldcorp Named to NASDAQ Global Sustainability
Index
VANCOUVER, BRITISH
COLUMBIA, May 30, 2011 � GOLDCORP INC. (TSX: G, NYSE: GG) today
announced that it has been recognized by NASDAQ as one of
the top 100 companies in the world for its sustainability practices as part of
its NASDAQ OMX CRD Global Sustainability Index.
�We are proud to be
recognized as a global leader for our responsible business practices,� said Chuck
Jeannes, Goldcorp�s President and CEO. �Goldcorp�s commitment to responsible
mining and sustainable prosperity for all of our stakeholders and our focus on
corporate social responsibility programs throughout the organization remain the
basis for how we conduct our operations world-wide. We seek productive
partnerships and dialogue to ensure our programs are designed as catalysts for
positive, lasting contributions in the communities where we do business. It�s
gratifying to see these efforts realized.�
The NASDAQ OMX CRD Global
Sustainability Index is an equity-weighted index made up of 100 companies that
lead in measuring and reporting their carbon footprint, energy usage, water
consumption, hazardous and non-hazardous waste generation, workforce initiatives
and community investing. Included companies must voluntarily disclose their
current environmental, social and governance risks as well as their revenue
opportunities and how it will affect future performance. Goldcorp was
also added to the Dow Jones Sustainability Index North America in 2010.
As a signatory to the UN Global Compact, Goldcorp has adopted Corporate
Social Responsibility and Human Rights Policies and has advanced the Extractive
Industries Transparency Initiative internationally.
Consistent with NASDAQ index criteria, Goldcorp recently published its
online annual Sustainability Report that uses the Global Reporting Initiative
(GRI) Sustainability Reporting Guidelines. The Company's Sustainability Report
is prepared based on International Council on Mining and Metals (ICMM)
standards and principles.
Goldcorp is one of the world�s fastest growing senior 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 economical 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, 2009 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.
For further information, please contact:
Jeff Wilhoit
Vice President, Investor Relations
Goldcorp Inc.
Telephone: (604) 696-3074
Fax: (604) 696-3001
E-mail: info@goldcorp.com
website: www.goldcorp.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.
For further information, please contact:
Jeff Wilhoit
Vice President, Investor Relations
Goldcorp Inc.
Telephone: (604) 696-3074
Fax: (604) 696-3001
E-mail: info@goldcorp.com
website: www.goldcorp.com
