Notice on third party links
You are now leaving the Goldcorp website to go to an external third-party website.
By selecting this link, you will be transferred to a website that is not affiliated with, or under the ownership or control of the Goldcorp site. Proceed at your own risk. We are not responsible or liable for the operation, content or policies of the website to which you are linking, and do not endorse, control, supervise or review its policies or content. You should address any concerns or questions you may have regarding that website to the site Administrator or Webmaster of the website.
The Los Filos operation consists of two open-pit mines – Los Filos and El Bermejal – and one underground mine. The open-pit operation began commercial production in January 2008.
Gold production at Los Filos in 2015 totaled 272,900 ounces. During 2015, Los Filos commenced a study to perform a detailed assessment of its operating options, including the update of the block model with additional drill data. The study was completed in the fourth quarter of 2015 and the findings were incorporated into an updated Los Filos life of mine plan. As a result of these findings and the change in long-term metal price assumptions, recoverable ounces and the associated future after-tax cash flows decreased which resulted in a reduction of the estimated recoverable value of Los Filos and a shortened mine life.
* Due to rounding, numbers may not add up.