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Goldcorp books US$4B merger impairment

Canadian major reports 47% drop in Q4 adjusted earnings as Peñasquito output lags

Henry Lazenby
Goldcorp's 2018 production was 11% lower because of a planned pushback at Peñasquito, Mexico

Goldcorp's 2018 production was 11% lower because of a planned pushback at Peñasquito, Mexico

The company said the Newmont all-scrip takeover valued it at about $10 billion, which it had to reconcile with its book value of $13.9 billion. Excluding one-time items, adjusted earnings for the quarter...

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