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ALUMBRERA

Minera Alumbrera Limited is one of the world’s largest and lowest cost gold and copper operations. Located in north western Argentina, Alumbrera was the country’s first and largest major mining development in the modern era.

Goldcorp owns a 37.5% interest in Alumbrera mine with Xstrata an Yamana as joint venture partners.

OPERATING STATISTICS

Alumbrera (37.5%)

2004 (actual) 

2005 (actual) 

2006 (actual) 

2007 (actual)

Ore Mined    tonnes (000’s)

12,100

11,004

11,626

9,606

Waste Mined    tonnes (000’s)

29,800

26,933

30,435

31,615

Strip ratio    waste:ore

2.5

2.4

2.6

3.3

Ore Milled    tonnes (000’s)

13,300

13,700

13,631

14,478

Milled Grade    Au g/t

0.72

0.63

0.71

0.67

Milled Grade Cu   %

0.56

0.57

0.56

0.56

Total Recovery Au   %

77%

78%

78%

74%

Total Recovery Cu   %

90%

90%

88%

84%

Total Production Au   oz

237,700

192,600

240,200

230,600

Total Production Cu   lbs (000’s)

145,900

139,300

148,900

149,000

Total Cash Cost*   US$/oz

$-371

$-643

$-1,176

$-684