Sale of Escobal silver mine in Guatemala helps Goldcorp to quarterly $826 million

Goldcorp reported a second-quarter profit of $826.7 million, boosted by the sale of its Escobal silver deposit in Guatemala.

 

The Vancouver-based gold miner said it earned $1.11 per diluted share for the quarter ended June 30 compared with a loss of $232.4 million or 32 cents per diluted share a year ago.

 

Revenue totalled $844.3 million, up from $628.6 million.

 

Original source: Canadian Press