Tectonic Metals gets funding for gold exploration in Alaska
The company's Flat gold project is located 40 km north of the giant Donlin gold project.
Goldcorp set a gold production record in 2010 at 2.52 million oz, including 686,300 oz in Q4, Canadian Mining Journal reports. Cash costs per ounce were $US285. Total 2011 output is forecast to grow to 2.70 million oz, and over five years output is expected to increase 60%.