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Goldcorp produced 2.42 million troy ounces of gold in 2009 at a total cash cost of $295 per ounce of gold. Adjusted net earnings increased to $588.2 million compared to $397 million in 2008. Goldcorp continues to pay a monthly dividend to shareholders which amounted to $131.7 million during 2009. On March 23, 2010 Goldcorp hosted the official inauguration of its new Peñasquito Mine located in the State of Zacatecas, Mexico. The current Peñasquito mine plan projects operations over 20 years, creation of more than 2,000 direct new jobs, and the creation of as many as 12,500 indirect new jobs. The mine is expected to produce 500,000 ounces of gold, 28 million ounces of silver, 450 million pounds of zinc, and 200 million pounds of lead per year. |