Together, Creating Sustainable Value

Pueblo Viejo, Goldcorp’s joint venture gold mine in the Dominican Republic, has just taken a huge step towards becoming a more sustainable mine. One of the world’s largest gold mines, Pueblo Vieja, operated by Pueblo Viejo Dominicana Corporation (PVDC), a joint venture between Barrick Gold Corporation (60%) and Goldcorp (40%), announced that it has signed a 10-year natural gas supply contract, generating key cost-savings at the operation.

Our 2017 Sustainability Report, Operational Excellence. Sustainable Value., detailing our economic, environmental and social performance for the year has been published.

This year for World Water Day we decided to get creative and introduce you to a story about water! Days of Our Droplets combines an explanation of where water comes from and where it goes at a mine site with a story about some of the unfortunate potential consequences of poor water management that you may have heard about in the news.

In late 2017, Goldcorp’s Cerro Negro mine in Perito Moreno, Argentina, helped develop a “Local Entrepreneurs Contest” together with Fundación Iniciativa and the city hall.

A workshop on business ventures launched the contest and provided the participants with the opportunity to acquire tools to further develop their new ventures. They were offered training and financing.

The month-long contest received a total of twenty-three applications, from which eight winners were selected. The assessment criteria included innovation of the products or services offered, management experience, sustainability considerations in areas such as social and environmental impact, safety, and return on investment potential.

Building strong community relationships is key to Goldcorp’s vision of creating sustainable, enduring value for communities: value that lasts beyond the operating life of our mines.

Roger Souckey, Director of Sustainability & HR at Goldcorp’s Coffee project, located approximately 130 kilometres south of Dawson City, Yukon, and the entire Coffee team, have been strengthening connections with local First Nation and community groups since the project was acquired in 2016. “We’re committed to establishing meaningful partnerships with governments, organizations and individuals, and supporting community development activities – all of which we hope will make a lasting, positive impact and bring Goldcorp’s vision for our Coffee project to life.”

Happy World Water Day! Held annually on March 22, World Water Day is an international day centered around the importance of our freshwater resources, and brings awareness to how we manage those resources sustainably. Goldcorp’s Towards Zero Water Strategy (H2Zero) is our commitment to optimizing and reducing freshwater consumption at all our mine sites. A product of the 2016 Sustainability Summit, H2Zero is a multi-year water reduction strategy.

The mining industry has traditionally been a laggard when it comes to innovation. The 21st-century economy, however, dominated by emerging technologies like electric vehicles, green energy sources and ever-more advanced mobile devices, is demanding creative approaches to efficiently delivering the raw materials that will fuel modern economies.

A little-known fact about the Canadian 25 cent coin, is that the animal on the “tails” side is in fact not a moose, but a caribou! Caribou (also known as reindeer), are an integral part of Canadian indigenous heritage, as well as northern ecosystems. These members of the deer family were once one of Canada’s most widespread wildlife species. Today their numbers have significantly diminished, some herds by more than 90%. Climate change, increased habitat development, and poor land use planning have contributed greatly to the caribou’s steady decline. Most Arctic caribou are migratory, which poses challenges for habitat conservation when coupled with mining exploration and development.

Goldcorp has been a signatory to the United Nations Women’s Empowerment Principles since 2015. There are seven Empowerment Principles, which are in alignment with our core values of being Safe, Productive and Responsible. Let’s explore what we are doing to support gender diversity under these seven Principles.