BRIEF-Goldcorp Q2 loss per share $0.09

Wed Jul 27, 2016 7:10pm EDT
 
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July 28 (Reuters) - Goldcorp Inc :

* Says 2016 guidance reconfirmed for gold production of between 2.8 and 3.1 million ounces, at AISC of between $850 and $925 per ounce

* "mine general managers will have much greater accountability for growing net asset value of their individual businesses," going foward

* Says workforce reductions and other improvement initiatives are underway at cerro negro

* Qtrly gold production of 613,400 ounces compared to 908,000 in 2015

* Says workforce reductions at Cerro Negro are expected to deliver approximately $65 million of annual efficiencies

* Qtrly silver produced 5.3 million ounces versus 10.4 million ounces

* In q2,began implementing company-wide program to optimize all areas of business, deliver $250 million in sustainable annual efficiencies by 2018

* Qtrly total revenues $921 million versus $1317 million   Continued...