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Goldcorp is a world-class gold producer driven by responsibility and innovation. Our portfolio of long-lived, high quality gold assets throughout the Americas makes us well positioned to deliver long-term sustainable value.

2018 Guidance
Production guidance (+/- 5%)
(ounces of gold)
All-in Sustaining
Costs (+/- 5%)
(per ounce)

All-in sustaining costs (“AISC”) include total production cash costs incurred at Goldcorp’s (the “Company”) mining operations, which forms the basis of the Company’s by-product cash costs. Additionally, the Company includes sustaining capital expenditures, corporate administrative expense, exploration and evaluation costs, and reclamation cost accretion and amortization. The measure seeks to reflect the full cost of gold production from current operations, therefore growth capital is excluded. Certain other cash expenditures, including tax payments, dividends and financing costs are also excluded.

AISC is a non-GAAP performance measures that the Company believes more fully defines the total costs associated with producing gold; however, this performance measure has no standardized meaning. Accordingly, it is intended to provide additional information and should not be considered in isolation or as a substitute for measures of performance prepared in accordance with GAAP. The Company reports this measure on a gold ounces sold basis. The Company’s all-in sustaining cost definition conforms to the guidance note released by the World Gold Council, which became effective January 1, 2014. The World Gold Council is a non-regulatory market development organization for the gold industry whose members comprise global senior gold mining companies.

Investment in
Growth (+/- 5%)
Investment in Exploration

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Investor Inquiries

Shawn Campbell
Director, Investor Relations

Toll-free in Canada and the USA: (800) 567-6223
Outside Canada and the USA: (416) 505-1234


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