Goldcorp boosts annual production forecast
From Thursday's Globe and Mail Published on Thursday, Nov. 05, 2009 12:00AM EST Last updated on Thursday, Nov. 05, 2009 2:25AM EST Bullion producer Goldcorp Inc. is boosting its annual production forecast and lowering cost estimates for 2009 as a result of stronger than expected output and high metal prices.
Goldman Sachs Group Inc., the world's largest securities firm, increased its gold forecast for 2008 through 2010 because of expectations for a US recession in the second and third quarters and a weaker dollar.