above ground fall 2012

Precious Medal Performance:Canadian Olympian Christine Sinclair’s exclusive interview with Above Ground

p16 Barge Ahead p25 Positive Energy p20 Setting World Standards

Our World of Community Responsibility

iSSuE 05 // FAll 2012

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In This Issue:p2

Forging Futures

Graduation, cross-country tours and entrepreneurs lead to brighter futures.

p7 A World of Good

From national festivities to the Olympic Games, Goldcorp demonstrates pride and partnership.

p16 Safety Deposits

Musselwhite �drills in� crew safety and eco-responsibility.

p18 Second Nature

Conversion powers benefits to people, production and our planet.

p20 Special Feature

Goldcorp helps create new global guidelines for conflict-free gold.

p24 in Your Element

Hard work kicks Oscar Franco’s career into high gear.

iSSuE 05 // FAll 2012

PuBliSHER: Above Ground is published by Goldcorp Inc., Vancouver, BC, Canada, and is also printed in Spanish and French. Reproduction in any manner, in whole or part, in any language is prohibited. All rights reserved worldwide.

EDitORS: Christine Marks, Tanya Todd

ARt DiRECtiON & DESiGN: The Works Design Communications www.worksdesign.com

PRiNtER: Rhino Print Solutions

CONtACt: Goldcorp Inc. Park Place, Suite 3400 – 666 Burrard Street, Vancouver, BC V6C 2X8T: 604.696.3000 // F: 604.696.3001 // [email protected]

SuBSCRiPtiONS: T: 604.696.3000 // [email protected]

SuBMiSSiONS: We’re mining for your stories! If you’ve got an idea, topic or photo that is ideal for Above Ground, we welcome your submissions to be considered for inclusion in future issues. Send by e-mail to [email protected]

1. Don Burke participates in Governor General’s Leadership Conference, taking him to the Arctic Ocean

2. Olympic cyclist Zachary Bell3. Canadian student at Mining

Matters camp4. World Gold Council group at

Los Filos mine

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CONALEP 2012 graduating class

In a Class of Their Own Goldcorp trains students to create sustainable value.

i n his early 20s Israel Martínez Carrillo was involved in a vehicle accident that changed the trajectory of his life. He spent 18 months in rehabilitation, fighting the depression that came

with knowing his mobility would never be the same.

Thanks to a persistent and supportive family, Carrillo refused to wallow in self-pity. At the urging of his mother, Estefanía, Carrillo enrolled in a new technical school that was set to open in the Municipality of Mazapil.

The Colegio Nacional de Educación Profesional Técnico (CONALEP) – translated in English as the National College of Technical Professional Education – is the only facility of its kind in the region offering opportunities for students to train for a new career.

After three years of hard work and determination, Carrillo, now 25, was among the first graduating class of CONALEP, a school built and equipped by Goldcorp in alliance with governments, local suppliers and partners.

HiGH AMBitiONSCarrillo is part of a new generation of young people in and around Mazapil who today have the potential to rise from low-paying, seasonal agricultural work to higher-paying, steady jobs that can free families from poverty.

Now that he has graduated, Carrillo’s goal is to support his family as one of the 2,600 employees working at Goldcorp’s Peñasquito mine, which started commercial production in 2011. Given the mine’s projected 22-year lifespan as Mexico’s largest open pit operation, the potential is here for Carrillo to reach his goal. “I have my teachers, my family and the people behind CONALEP to thank for the opportunity and the life lessons that allowed me to learn and grow,” says Carillo.

This gratitude is shared by many of the 74 CONALEP graduates in 2012, each of whom has a personal story of sacrifice and achievement.


FORGiNG FutuRES

Graduate Lizbeth Alejandra Rentería Méndez is the recipient of hearty congratulations, including those of George Burns, Vice President, Goldcorp Mexico Operations

OPPORtuNitiES AND CAREERSAbout 25% of this year’s grads are women, including 19-year-old Bibiana Itzel Lopez Treviño, the eldest of five sisters in the town of San Rafael, on Mexico’s central east coast. Treviño studied to become a professional engine technician and is now an expert in diesel mechanics.

“These fields aren’t just open to men,” says Treviño. “We women are strong, we’re bright and we’re fighters; we can do it too.”

While many women her age in this community are married with children, Treviño welcomed the choice to pursue further education and learn new skills.

“My grandparents used to say that women shouldn’t go to school, but I decided to, and was determined and able to do it,” she says. “My goal has always been to look to the future and not hold back.”

Treviño has fond memories of CONALEP including teachers who motivated her to succeed and classmates she now calls friends. She is also proud to have earned a diploma, and graduated with a grade point average among the highest in her class.

Today, Treviño wants to continue her professional development by studying to become a metallurgical chemist working at Peñasquito and earning peer recognition as “somebody important to be able to help my family.”

lOCAl AND liFE CHANGiNGAnother top CONALEP student is Ana Laura Guadalupe Barboza Méndez, 18, who was encouraged by her parents to remain in Mazapil instead of relocating for school in Saltillo, 140 kilometres to the south.

Méndez wanted to move away at first, but having attended CONALEP, she is now happy she stayed. She recalls being shy and introverted at the start of classes in mid-2009, having difficulty making friends. However, as the months and years went by, she gained confidence, became more outgoing and, as a result, met lots of new friends from many communities.

What Méndez values most about her CONALEP experience is the on-the-job training at Peñasquito, which helped to validate her career choice.

“It really moved me,” she says. “I knew then that I had chosen the right path.”

“ I have my teachers, my family and the people behind CONALEP to thank for the

opportunity and the life lessons that allowed me to learn and grow.”

Israel Martínez Carrillo, CONALEP graduate >


FORGiNG FutuRES

Graduate Juan Fabián Hernández Hernández is congratulated by Peñasquito Mine General Manager Jesús Gutiérrez Bastida

The elation and pride of these graduates was almost palpable

Exclusive CompanyGoldcorp chosen to participate in prestigious Governor General’s Leadership Conference.

A t Goldcorp, part of creating sustainable value for all our stakeholders is the professional and personal development of all our employees.

So when offered an opportunity to participate in the esteemed Governor General’s Canadian Leadership Conference, Goldcorp became a sponsor and nominated a manager to apply. Nominees are selected from hundreds of applicants, and sponsorship does not guarantee an official invitation.

Every four years, some of the top talent from various industries, political groups and non-governmental organizations gather at the conference to brainstorm on Canadian socio-economic issues, then return to work to share perspectives with colleagues and local communities. This year’s theme of “Leadership and Sustainable Communities” aptly fit Goldcorp’s vision of creating sustainable value.

BuRkE MAkES tHE CutDon Burke, Red Lake Mine Operations Manager, was invited to apply to participate in the conference for his extensive community involvement and skillful leadership of over 1,000 employees. After a rigorous selection process, including an essay and an interview on the importance of sustainability, Burke was accepted and officially invited to the conference. “The first thing I did was call my wife. I was so proud,” he says.

Burke’s participation began with a cross-country journey, first to Halifax then to the Northwest Territories, with a study group of 13 representatives from retail, banking, broadcasting, unions, the military and other industries.

The 15-day tour also included visits with local and business leaders in Tuktoyaktuk, Norman Wells, Hay River, Yellowknife, Edmonton and Ottawa. Burke says the experiences were fascinating, especially in the Inuvik Region, and affirmed the importance of companies connecting with communities.

“We saw sustainable living at its core,” Burke says. “We learned that the traditional definition of sustainability – social, economic and environmental – must be shored up by an examination of all the complexities of relationships between people, systems and land.”

DYNAMiCAllY DivERSEHe also enjoyed the eclectic study group. “It showed me how a team forms and the relationships that build through the process. It demonstrated the value of connecting, listening and understanding other peoples’ points of view,” Burke says. “It’s about coming together as a group and working better.”

At the conference itself, Burke shared insight about how Goldcorp conducts business and creates community benefits around the world.

“I believe I helped dispel myths of mining as a ‘dirty’ industry,” says Burke. “I was able to talk about the advanced technologies we now

have, and how we take care and pay close attention to the communities and the environment where we operate. I am very proud to work for Goldcorp. Our company is an industry leader in many best practices.”

These facts were noted widely, and lauded by a Saskatchewan contingent. “It’s not just an investment in leadership at Goldcorp, but an investment in our country,” said Julie Cafley, Vice-President of the province’s Public Policy Forum. “Hats off to Goldcorp for participating.”

Cafley added that on a recent mine tour, she learned “how much they want to improve sustainability and diversity in the workforce.” She now has a better understanding of the benefits of mining, for communities as well as the economy.

For Burke, the experience was life changing, with a takeaway of knowledge to help shape the future of Red Lake mine and Goldcorp overall.


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FORGiNG FutuRES

1. Boarding the twin otter2. Northwest Territories study group standing in the frigid Arctic Ocean

Path to ProsperityMarlin mine works for whole communities.

B efore he got a job at Goldcorp’s Marlin mine near his hometown in Guatemala, Fernando Perez would

travel two days by foot into Mexico seeking work picking corn and coffee. The difficult journey took him far from his family for months at a time, a sacrifice he made for many years to put food on the table.

Life has changed considerably in the 10 years Perez has worked at Marlin. His commute is now a 15-minute stroll and he has created several spin-off businesses with some of the earnings from the mine.

Aside from his job at the Marlin tree and plant nursery, Perez owns two water trucks used to mitigate dust on local roads, and two 40-seat buses that transport mine employees to and from work. He also built a house he leases as accommodation for university students who come for practicum studies of Marlin operations.

But as enterprising as he is, his proudest accomplishment has been to employ fellow citizens in and around his hometown of Nueva Esperanza, aptly meaning “New Hope”. He has hired ten local community members to tend his farm crops year round and manages more than 80 full- and part-time employees during peak season. Perez has also hired a manager to handle accounting for all his enterprises.

A FutuRE lEGACY“If it weren’t for the mine none of this would have been possible,” says Perez, the father of six. “Now I can support my family and also leave something for my children. I can help build a future for them.

More than a dozen other entrepreneurs also operate small businesses in the area according to Peter Hughes, Environmental Manager at the Marlin mine. “These are local people – some who work at the mine and some who don’t – that saw an opportunity and went for it. Now they are doing well,” Hughes says.

Though some believe the new prosperity draws away from traditional subsistence farming and may drive up land prices, putting them out of reach for some in the community, Perez says the critics are few and far between among those who live and work around the mine. Most see the mine as helping to build a better future for the people who live in the community, including a greater ability to live off the land.

“Ever since the mine came and gave us work the people here have their own income and are able to start working their own land again,” he says. “People are better off because they have work.”

What’s more, jobs are close to home. That means fathers such as Perez can provide for their families and be present for precious milestones like a child’s first footsteps, which is the true measure of life’s work well done.

Fernando Perez set for work at Marlin mine Marlin mine vista


FORGiNG FutuRES

Celebrating Partnerships TogetherGoldcorp marks Canada’s National Aboriginal Day by showcasing unique opportunities at Éléonore site.

Québec – As Canadians attended National Aboriginal Day events across the country on June 21, 2012, Goldcorp celebrated – and continues to celebrate – the lasting social and economic benefits of its strong partnership with Québec Cree communities.

“People feel a lot of pride in the community today,” says Stella Lameboy-Gilpin, Goldcorp’s Community Relations Co-ordinator at the Éléonore project in Québec, and a Cree Nation citizen.

“Those who haven’t been able to work now have jobs. They are able to support their families. Others are motivated to go back to school and to get training. The community is more prosperous as a result.”

Many Cree people are now buying and building homes, and businesses are starting up and expanding in the region as a result of the project. That includes a new industrial laundromat being built to serve the mine, and expansion plans are in the works for both the municipal garage and local grocery store, says Lameboy-Gilpin.

“Both sides benefit from the development of the mine,” she says.

uNitED iN PROGRESSAbout 50% of workers at Éléonore are from the surrounding Cree communities, in a range of positions from food preparation to helping construct the underground mine shaft and ramp.

Gilbert Georgekish, President of Cree company Tawich Construction, said he has about 20 workers from the Cree community on site today, and a waiting list twice as long for training and employment on the project.

“I see a big improvement on the site. It’s non-native working with native. Before, they wouldn’t speak to each other,” Georgekish says. “The silence has turned to banter and laughter.”

The common goal for both Goldcorp and the Cree Nation is to work together to create sustainable prosperity. That chatter heard throughout the Éléonore site is the sound of progress, confirming Goldcorp’s commitment to Aboriginal partnerships.


A WORlD OF GOOD

Olympic racing cyclist, Zachary Bell


A WORlD OF GOOD

OlYMPiC HEROESGoldcorp is a proud sponsor of CAN Fund, an organization that supports Canadian athletes in training and world competitions. Goldcorp also directly funded two vancouver-area athletes at the 2012 Olympics in london: Christine Sinclair, captain of the women’s soccer team, and Zachary Bell, racing cyclist. Here, both athletes tell what it means to represent their country, the importance of leadership and highlights of their Olympic experience.

Zachary Bell, 29, is Canada’s top male track cyclist. He was born and raised in the Yukon and is currently living and training in North Vancouver. He specializes in the Omnium, which made its Olympic debut at the 2012 Games in London. The Omnium consists of six events: Flying Lap, Points Race, Elimination, Individual Pursuit, Scratch Race and Time Trial. He made his first Olympic appearance in Beijing in 2008, becoming only the second Yukon-born athlete to represent Canada at a Games. In Beijing, he finished seventh in the Men’s Point Race and twelfth in the Madison. Bell is also the 2011 Omnium World Cup Champion and 2012 Omnium World Championship Silver Medalist. Bell finished eighth in the Men’s Omnium in London.

How did you get into cycling?I started off as a wrestler as a kid growing up in the Yukon, right through to when I was a student at the University of Calgary. In my mind, growing up, I was always going to go to the Olympics as a wrestler. Once I got to university I began to realize that I didn’t have the physical tools to pursue that goal. I had to give up that Olympic dream. That was a tough period for me. In the meantime, I had picked up cycling as a hobby and began using it as a way to cross train. I did some physical testing on the bike at university and some people there said I should give it a shot. Once it looked like I might have a shot at the Olympics on the bike, I was pretty excited.

What did that experience teach you?It taught me a lot about goal-setting, and what it means to me. When you are younger you don’t grasp the importance of goal-setting. Today I realize what it did for me. It’s one of the reasons why I have been successful in sport.

Who were your mentors growing up?In wrestling it was (former Olympian) Chris Wilson. He came to speak to my class when I was growing up and that inspired me. We reconnected recently, almost 20 years later, which was great. He was one of my supporters during the recent Olympics. My dad is also a mentor to me. He was my wrestling coach as a kid, and one of the lessons he taught me was how hard work in sport can pay dividends. That stuck with me in sport and life in general.

What makes you get out of bed every day and want to ride the bike?Cycling in general is a beautiful activity. It’s a personal journey every time you get on the bike. You are always learning something about yourself. It’s a quiet, meditative sport. On rainy days, which there are a lot of here in Vancouver, you discover the rain is never as bad as it looks before you get on the bike.

How important is teamwork, even in a solitary sport such as cycling?While I do a fair bit of training on my own it takes a team of people to reach goals like competing in the Olympics, from trainers and coaches to physiotherapists to nutritionists, all helping to make decisions. It’s not unlike any team, in sport or in an office. Within teams and groups you need to be able to work well with people. It can be crippling if you are unable to work together and get the job done. A team requires the best effort of everyone involved. Differences of opinion or small, petty differences can derail what you do. People in teams need to understand where they fit in, what their strengths are, and apply themselves to the best of their ability every day. That’s what makes a successful team.

How important is goal-setting to you?I look at goals as a navigation point for experiences in life. You set goals to give direction to move forward. Reaching goals isn’t necessarily important; it’s having the direction to experience the richness that life has to offer.

What about leadership?To me, leadership is not about being the boss or being in charge, it’s about positioning people in a way that makes them better. This is how I approached it at the Games. As a leader of the team it was my responsibility to use the tools I have to position all of the other athletes in such a way that they can achieve their very best. It’s not about telling them what to do; it’s about relaying your own experience and helping them to be the best they can be.

How will you look back at the 2012 Olympics in London?For me, the best part was competing in front of the crowd and to see other athletes do well. For me personally, winning the Scratch Race on the second day was a very positive moment. Unfortunately, after that, things didn’t go my way. I knew I had the ability to perform better and had beaten everyone on the field in the past, but my physical peak was mistimed. I peaked a little too early. Physically, I wasn’t clicking. As an athlete you are never satisfied until you reach what you are striving for. It was disappointing for me, but overall the Olympics were a positive experience.

What will you do next?My next focus is on my wife and our new baby, due in September. I’m not sure yet if I will work towards competing at the 2016 Summer Games in Rio. If I can make it to Rio in a way that’s going to be less stressful for my family, then I’m willing to do the work. I am still getting faster, still perfecting my craft. I will also continue to speak to kids about goals and leadership.


A WORlD OF GOOD

1. Christine Sinclair celebrates in London with CAN Fund representatives Jayna Hefford, three-time Olympic Gold Medalist in Hockey (2010, 2006, 2002), and Carla MacLeod, two-time Olympic Gold Medalist in Hockey (2010, 2006)

2. Sinclair, 2012 Olympic Bronze Medalist, Soccer3. Sinclair celebrates her third goal against the US team


A WORlD OF GOOD

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Christine Sinclair, 29, is captain of Canada’s national women’s soccer team, which won the bronze medal at the 2012 Olympic Games in London. Sinclair has been a forward on the team for the past 11 years and represented Canada at three FIFA World Cups and the past two Summer Olympics. At the recent 2012 London Games, Sinclair finished as the tournament’s top scorer with six goals, breaking the record for most goals scored in the Olympics for women’s soccer. Sinclair also started the “$12 for 2012” campaign to raise money to support her fellow athletes through CAN Fund.

When did you first start playing soccer and what about it made you stick with the sport and pursue a professional career in the sport?I first started playing soccer at age four and, as long as I can remember, I have always had a soccer ball attached to my foot. In my family, soccer is in our blood. Two of my uncles represented Canada in men’s soccer. I also have an older brother, Michael, whom I looked up to and wanted to do everything he did. So of course he played soccer, and I spent my time on the sidelines of his practices and games. I think that is when my parents realized I loved the sport so they signed me up. It wasn’t until about 1999 that I realized I could have a future in soccer, when the United States hosted the women’s World Cup. That is when I decided I wanted to make the Canadian national team and represent Canada at the World Cup and Olympics.

Who were your mentors growing up, both in sport and outside of sport, and why?The people I looked up to the most were my family members, especially my brother and my uncles. Outside of my family, the athlete I most remember looking up to was Toronto Blue Jays second baseman Roberto Alomar. I wear number 12 because of him.

Do you have the same mentors today?Today my mentors have changed. I now look up to my mother and my grandmother. They are two incredible women that I rely on for almost everything. As I have grown up, I have begun to realize what is truly important in life. For me, my family is the most important. In sports, I don’t really have any mentors. I now enjoy watching athletes competing at the highest level. My favourite two soccer players are Steven Gerrard and Fernando Torres.

What makes you get out of bed every day and want to play soccer?Up until the 2012 Olympics the answer was simple: an Olympic medal. Ever since I was a young kid I dreamed of being an Olympian and winning a medal. That dream never changed as I grew older, but the reason behind it did. The longer I was on the national team the more I realized I wanted to change the sport of soccer in Canada. A group of us on the team were determined to leave the sport in a better place than where it was when we first made the national team over ten years ago. I now believe we have. That said, the job is not finished. With Canada hosting the next women’s World Cup, I get up every morning and train my hardest because I want to win the World Cup on home soil. Then I would know that the sport of soccer would forever be changed in Canada.

What does teamwork mean to you? For me, this journey has been so special because of my teammates and staff. To me, teamwork means being able to rely and count on each individual to do the best of their ability, no matter what their role is. We know there are more “talented” teams out there, but we know that no team will work harder than us. Each of us will fight until the very end and we will do absolutely anything for each other, on or off the field. I truly believe the Canadian team that won bronze in London was special. I think I have the best job in the world. I get to travel the world and play a sport with my best friends. I have played on the same team as some of these players for over ten years. We have truly grown up together and I now consider a lot of them my best friends.

How can this apply to teams outside of sport?I believe a happy, motivated team is important in all areas of life. In our team, each player or staff member was held accountable for his/her own performance. That is the nature of high performance. Yet, the environment was one of learning (we called it growth) and trust. This helped people reach new performance bests. I believe this would help any business or organization.

How do you lead the team as captain?I tend to lead by example. I want my teammates to know that they can always count on me, and that I will leave absolutely everything on the field and I will go to battle for them. Our national team is full of leaders, we are a very veteran team and every person has their own roles based on what they are comfortable with. In that sense we are a very balanced team and there is no more pressure on any one player than another.

How will you look back and remember the 2012 Olympics in London?There were so many highs and lows. The lowest point would have to be our loss to the US in the semi-finals. Many people have said that could have been the best women’s soccer game ever played. For me, it represents the moment we lost a chance at winning the gold medal. The best part, by far, was when the final whistle blew in our bronze medal match against France. I remember hearing the whistle, then collapsing to the ground in tears. Not many people have a dream come true; in that moment one of mine did.

What are your plans for the next four years, leading up to the 2016 Olympics?I am currently enjoying some much-needed downtime and spending time with my friends and family. Our national team has a bit of a break, probably about three months. It has been a very long four years of competing and I haven’t had a significant break in almost eight years. But, as soon as 2013 comes around, it is back to business.


A WORlD OF GOOD

1. Camp participants in front of the McIntyre Headframe 2. Examining rock for gold3. Mining Matters camp facilitators at Porcupine mine

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A WORlD OF GOOD

kiDS CAMP ROCkSAboriginal youth dig deeper into future opportunities.

It wasn’t until she put on a hard hat and hunkered over rock samples at summer camp that Alisha Kakekayash began to consider a career in mining. The 14-year-old from Wunnumin Lake First Nation in northern Ontario is now talking about becoming an equipment operator, like her stepfather, or working at an underground mine.

“Before summer camp I knew hardly anything about mining or rock types,” says Kakekayash, who will start high school this fall. “I would recommend this experience to other kids who might have an interest in mining.”

Kakekayash is among dozens of northern Ontario youth participating in Mining Matters Aboriginal outreach camps put on by the Prospectors and Developers Association of Canada (PDAC). Goldcorp is a sponsor, hosting camps at Musselwhite, Red Lake and Porcupine mines where kids learn about earth science, geology, minerals and mining, as well as future careers and opportunities open to them.

“Working with Goldcorp was an absolute pleasure,” says Barbara Green Parker, Manager, Aboriginal Education and Outreach Programs at Mining Matters. “What struck me is that each camp was so incredibly unique, based on the involvement of the people who worked at each of the mines. It was an authentic experience for everyone who participated.”

CRYStAlS, MiNERAlS AND GPSAuston Mickelson, 15, says he learned what minerals make up his favourite crystals and how to use a GPS. He also liked watching Goldcorp’s environmental experts perform water sampling. “Learning about the rocks and minerals – the career component of the program – interested me,” he says. “I would consider geology as a course of study in university.”

Christopher Winnepetonga, 20, is already training as a commercial pilot and says that since camp, he’s contemplating a career flying geologists and prospectors into the north.

Musselwhite’s Manager of Aboriginal Affairs, Adele Faubert, says Mining Matters can be a life-changer. “It really opened their eyes

to exploration and mineral processes that they wouldn’t have learned otherwise,” she says. “Some of these kids went home from camp and told their parents about what they learned. Hopefully we are attracting what could one day be future employees.”

Which would be a win-win for youth and Goldcorp, considering the challenges both face. Like many global industries, mining needs more skilled workers, and while Indigenous people often live near mine sites, unemployment among these remote communities is high. Fortunately today, Aboriginals are increasingly recognized for their important role in land and resources management. Mining Matters and Goldcorp foster this.

MiNE SkiPS AND SWEAt lODGESAt Red Lake mine, youth from Lac Seul First Nation travelled five hours by bus to attend camp. “The program showed how it takes a lot of different people to run the operation, and all of the future possibilities for them,” says David Gelderland, CSR Manager at Red Lake. “There was definitely some fascination about how it all works, which could translate into some new career choices.”

Mineral scavenger hunt at Porcupine’s Coniaurium


A WORlD OF GOOD

The camp here held a competition to build a mine skip and shaft out of straws, tape and marbles. “The kids got really into it,” Gelderland says. “Some of us big kids had a good time too.”

The Porcupine mine camp invited a group of First Nations elders and traditional practitioners who have been working with them on reclamation of inactive mine sites. They set up a teepee and performed a sweat lodge ceremony on the site of a major Goldcorp reclamation project. Mary Boyden, Manager of Indigenous Community Relations at Porcupine, says the ritual was a first for many of the youth. “They loved it, and it helped them see mining as something that is related to who they are.”

She adds that three attendees have since visited Northern College in Timmins looking into the Mining Essentials work readiness program, which teaches skills for entry-level positions. “These are people who went from having no direction to pursuing college,” says Boyden. “To me, that was a real indicator of how the camp was a success.”

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1. Youth participants at Red Lake mine build a headframe out of straws and string

2. Camp participant at Porcupine mine examines rock sample

3. Inspiring passion from an early age


A WORlD OF GOOD

Gold remedies

Ancient Egyptians drank gold elixirs to rejuvenate the body and cure many diseases. 4,500 years ago, gold wire secured loose teeth and jaws, and dentists today use gold in fillings, crowns, bridges and dentures. Early alchemists mixed gold powders to soothe sore limbs, a precursor to modern arthritis treatment. In the 1700s, gold’s healing properties were applied to improve heart function and blood circulation and, later, to cure alcoholism. In rural China, a gold coin is often still added to cooking rice.

Nowadays the medicinal benefits are more widespread than ever. Surgeons use gold instruments to clear coronary arteries and patch damaged blood vessels, nerves, bones and membranes. Gold-coated lasers help patients survive inoperable heart conditions and tumours. Gold is also used in life-saving treatment for several forms of cancer; which truly makes gold a precious metal.

Dentistry also boasts a long relationship with gold. As far back as the seventh century BC, the Etruscan peoples used gold wire to secure substitute teeth, understanding that the metal was malleable, would not degrade in the mouth and was biocompatible (i.e., there were no detrimental health effects associated with its use). Gold is still an important dental material today, with over 40 tonnes being used over the course of 2011.

In 1929 it was reported that the use of a compound containing gold was beneficial in the treatment of arthritis. Later work demonstrated conclusively that gold drugs are effective in treating rheumatoid arthritis (RA).

Most recently, nanotechnology has broadened gold’s appeal in medicine even further. Gold nanoparticles are a critical component of a range of diagnostic tests, the best known example being the common pregnancy testing kit.

In addition to diagnostic devices, there is growing interest in using gold nanoparticles to treat disease directly. Numerous companies and academic groups are investigating the use of such particles to both deliver drugs to specific parts of the body more effectively and to destroy tumours through ablation (heating) therapy. A range of clinical trials are underway in humans, many of which are currently showing positive results.

The use of gold in medicine is a fascinating story stretching back millennia. However, the present day sees a wealth of new opportunities for gold to make further positive strides in the field of human health. Although the quantities of gold involved with these technologies are relatively small, the impact is potentially huge.

– Dr. Trevor Keel, World Gold Council

BENEFitS tO BEHOlDQuébec Chief visits Guatemala to see future potential first-hand.

Last year Goldcorp and the Wemindji Cree Nation of northern Québec celebrated a groundbreaking partnership and long- term plans for shared profits generated by Éléonore mine. Set to begin production in 2014, the mine will employ about 800 people during construction and up to 400 once fully operational. Goldcorp is also funding job training, business courses and entrepreneurial opportunities to maximize community benefits.

But plans are one thing; seeing is believing.

So in January this year, Cree Chief Rodney Mark, who represents 1,600 people living near Éléonore, boarded a plane and headed to the western highlands of Guatemala to witness first-hand the good things that can come from partnerships with Indigenous peoples.

“We wanted to bring Chief Rodney here to Marlin to see with his own eyes the types of positive impacts on socio-economic development that Marlin mine, or any mining project, can have on local communities,” says Dina Aloi, Goldcorp’s Vice President of Corporate Social Responsibility.

Mark was eager for a glimpse of future potential: “During the process of negotiating with Goldcorp there were people who would say things like ‘well you know what’s happening in Guatemala.’ I wanted to see for myself what was happening.”

CHiEF OBSERvAtiONSOn this fact-finding mission, Mark visited with citizens from the mine’s municipality of Sipacapa, toured new facilities and gleaned various perspectives to personally report back to his people.

What Mark observed was inspiring: steady jobs and salaries for 1,400 locals and their families; new Goldcorp-funded community amenities like water systems, schools, sports fields, recreation halls and a state-of-the-art medical centre; plus upstart businesses like bakeries and organic coffee growers. All of which have helped bring economic stability.

“They’ve taken the opportunities of the mining development that’s happening in their territory...That’s something I look forward to. That’s what I’m excited about,” Mark says.

Community leader and former Mayor of Sipacapa, Mario Tema, spoke candidly to the Chief and sent him home with a heartfelt message: “In the Americas, we are brothers with those who live in this land and also the owners of this land. Therefore I think it is good for us to come closer so that you can get to know our town...You can tell the people of your community that here, we are doing well.”

Even though Sipacapa is 4,200 kilometres from Wemindji, today the towns are closer to each other in their shared spirit for a future of sustainable prosperity.


A WORlD OF GOOD

Chief Rodney Mark with Joel Domingo, Mayor of the Municipality of San Miguel Ixtahuacán, San Marcos

Safety Drills Musselwhite �drills in� crew safety and eco-responsibility.

Ontario – It’s not every day that drill workers get to show off their workspace.

Then again, the Musselwhite mine’s two new drill barges on Opapimiskan Lake in northwestern Ontario are not your ordinary work sites.

Since drilling began on board each of the 50-by-40-foot structures last fall, and through unforgiving temperatures this past winter, workers have been touting their accommodations to friends and strangers.

Some staff posted pictures of the new barges on Facebook, highlighting the 32-by-24-foot drill shed that is heated in the winter, and has removable panels to help keep workers cool in the summer.

“They are really proud of their work area,” says Rohan Millar, Chief Geologist at Goldcorp’s Musselwhite mine.

Workers are so proud, in fact, that they named one of the drills “Shelley”, after the spouse of one of the crew members.

“In my 18 years of working in geology I’ve never seen that, ever,” says Millar of the overall enthusiasm.

BOOStiNG MORAlE AND EFFiCiENCYNot only have the new barges improved morale, they’ve also helped boost productivity. Each drill has been running constantly since October 2011, alongside a third on land nearby, helping Musselwhite to record its most successful surface drill program in five years.

“I attribute that to the new working environment. Productivity is higher and so is employee retention,” Millar says. “I think we’ve repaid the cost of the barges in productivity, and in terms of the comfort and safety of the drillers and the surrounding environment.”

The barges cost about $500,000 each, which includes the purchase of modular sections, fabrication of the drill shacks, and engineering and construction of the 70-foot steel legs that keep the structure in place.

Musselwhite has been exploring the idea of barges on the lake, on and off since 2003. A leak of hydraulic fluid at the end of the winter 2010/11 season was an incentive for Goldcorp to stop, step back, and think about how best to continue drilling on the lake while protecting the environment and improving conditions for crews.

FlOAtiNG COMFORt AND CONtAiNMENtGoldcorp collaborated with contractor Cabo Drilling as well as Shugart Construction, a US firm that specializes in barge construction, to come up with the design for the structure.


Aerial view of the Musselwhite Barge on Opapimiskan Lake

Millar says it was a unique process where personnel were asked for their input on what would make the best workspace to meet their needs, particularly during the harsh winter months.

The barge includes a dry area in the back for workers to change, an environmentally friendly toilet and an insulated work area where they handle the drill equipment.

To help prevent future leaks, the barge also includes a spill containment area that is as long and as wide as the drill shed itself, and six inches high, providing approximately 200% in containment capacity in the event of a spill.

The structure is also large enough to store 6,000 feet of drill rods inside, which means workers don’t have to go out in extreme weather conditions to retrieve them.

iNNOvAtiON AND COllABORAtiONThe structure stays stationary once the lake freezes in winter, and is moved around two or three times in the spring and summer months by barge operators who raise and lower the 70-foot steel legs into the lake.

There are regular safety checks of the barges and regular consultation with the local First Nations communities, with which Musselwhite has relationships and agreements that are recognized as best practice. First Nations elders were also consulted on construction of the barge, Millar says.

Gord Persson of Thunder Bay–based Bio-Consulting, and a representative of First Nation communities in the Musselwhite mine area, has nothing but praise for the new barges and improved working conditions.

“I find it positive and proactive,” says Persson. “It speaks well to the people in the department – making changes, adapting to the changes and being progressive and responsible with this new structure.”

“ It speaks well to the people in the department – making changes,

adapting to the changes and being progressive and responsible with this new structure.”

Gord Persson, Thunder Bay–based Bio Consulting

>


SAFEtY DEPOSitS

Opapimiskan Lake

Going Greener at Red Lake Conversion powers benefits to people, production and our planet.

A 43-kilometre natural gas pipeline, built from a historic northern Ontario mine site along Highway 105 into

the Red Lake region, is the latest example of how Goldcorp is creating shared value in the communities where it operates.

This fall, operations at Red Lake Gold Mines will begin using natural gas as a key energy source, an investment made with contributions from all three levels of government that will save the Company money and lower the carbon footprint.

These benefits will also be extended to the approximately 5,000 people living in communities around the mining operations, as well as local businesses, which will also have access to the new natural gas line.

“It’s a great project for Goldcorp and the community is very excited about it,” says Mark Vermette, Community Relations Superintendent at Goldcorp’s Red Lake Gold

Mines. “It’s another sustainability project that involves the community in which we operate.”

Curtis Pedwell, Maintenance Manager at Red Lake Gold Mines, says his team started looking into the natural gas option in late 2009, after realizing that the current hydro capacity could not fully support production growth. Capacity would be further constrained with the development of the nearby Cochenour project, scheduled to begin production in early 2014, and may also limit or delay Goldcorp’s future mine growth.

“We wanted to be proactive and ensure alternative forms of energy,” Pedwell says.

RENEWiNG RESOuRCEFullYDiesel was one option, but the Company felt it was not cost effective or environmentally friendly. Pedwell’s team recalled there was a capped natural gas well at the old Griffith mine site located a few dozen kilometres

away, so they began looking at ways to tap it as a new source for their operations.

A pre-feasibility study analyzed the cost of installing a pipeline in the ground along the highway into Red Lake, measured the potential of this renewed power source and determined the best way to convert existing propane-heating loads to natural gas, a move which would not only pay for itself in five years, but cogenerate up to 30 megawatts of additional power.

“We quickly realized that natural gas for cogeneration would be efficient and environmentally friendly,” Pedwell says. “It also helps to secure any future energy demands that we may face as we continue to grow our operations.”

Following months of negotiations with representatives from the municipal, provincial and federal governments, Goldcorp championed the investment


SECOND NAtuRE

Aerial of the Cochenour project in Red Lake, Ontario

to bring natural gas to Red Lake Gold Mines as well as the homes and businesses in the surrounding region.

REDuCiNG RESPONSiBlY“The biggest impact from an environmental standpoint is the majority of the homeowners in the area heat their homes with fuel oil. The impact of conversion alone is a reduction of 250,000 to 350,000 tonnes of carbon emissions being displaced over the life of the project,” Pedwell says. “Allowing our

employees to benefit from clean, low- cost energy was at the forefront of our decision to proceed with this project.” About 1,200 people living in and around Red Lake work at the mining operations.

Local homeowners will need to spend about $3,000 to switch over to natural gas if they choose, but Pedwell says for most the investment should pay off within a few years, given the low price of the commodity.

Local businesses are also looking forward to the cheaper source of energy, according to Vermette. He points to a new Tim Hortons franchise being built in the community, as well as a Super 8 Hotel.

“Now that we have natural gas, it might encourage more businesses to come to the Red Lake region,” Vermette says.

techno-gold

Everyone notices the gleam of gold jewellery, but we often overlook its place in everyday objects: phones, computers, appliances, clocks, even cars. In fact, gold makes the electronic world tick and click.

The industrial demand for this precious metal is elementary. Gold is pliable and easily workable into thin wires, sheets, panels and circuitry. It is highly conductive

and connective. Gold doesn’t tarnish, corrode or degrade, so it’s durable and dependable.

Overall, gold adds outer beauty to people and products, and is essential to the inner workings of a growing number of devices. It‘s a symbol of prosperity in many cultures, a critical component of current and future technology, and its value has sustained over centuries.

“ Allowing our employees to benefit from clean, low-cost energy was at the forefront of our decision to proceed with this project.”

Curtis Pedwell, Maintenance Manager at Red Lake Gold Mines >


SECOND NAtuRE

Test boxes are GPS identified Lowering pipe along Highway 105 near Red Lake, Ontario Final pipe check performed

Los Filos superintendents, WGC members and KPMG staff


Setting World Standards Goldcorp helps create new global guidelines for conflict-free gold.

W hen Ounesh Reebye was seconded to the World Gold Council (WGC) to help develop

its Conflict-Free Gold Standard, he couldn’t have predicted the contrast with his regular duties as Manager, Treasury and Risk Management at Goldcorp.

Instead of poring over spreadsheets and running numbers at his desk in downtown Vancouver, Reebye travelled extensively: visiting mines in remote regions of Ghana and Mexico; consulting banking executives and jewellery makers in some of China’s largest cities; and strategizing with industry professionals, government officials and non-governmental organizations (NGOs) in London boardrooms.

Reebye’s intense six-month secondment was part of the WGC’s goal to develop new guidelines to ensure gold does not contribute to armed conflict, human rights abuses or breaches of international humanitarian law.

DRAFt AND DEPlOYAlong with a team of WGC professionals, industry peers and stakeholders, Reeybe helped develop, stress test and pilot the Gold Standard. “My job was to test the draft Standard to ensure it was practical, implementable and auditable at a mine site level, while checking that we were leveraging existing management systems and process controls to demonstrate conformance,” says Reebye.

The latest “Exposure Draft” was released in March, near the end of Reebye’s posting, and is currently undergoing another process, with expectations to be ready for approval by the WGC Board later this year or in early 2013.

“A lot of Ounesh’s hard work went into the draft,” says Terry Heymann, WGC Director, Responsible Gold, who worked closely with Reebye during the secondment.

Ian Telfer, Chairman of Goldcorp and the WGC, says Reebye’s role was twofold: “To assist the WGC with the guidelines as a representative of a producer, and to get a sense of the role and activities of the WGC. He was successful in achieving both.”

“Essentially, my job was to test the draft Standard to ensure it was practical, implementable and auditable at a mine site level.”

Ounesh Reebye, Manager, Treasury and Risk Management >


SPECiAl FEAtuRE

WGC Responsible Gold Team in London, England. Ounesh Reebye is second from the left

iNtEGRitY AND RESPECt According to the WGC, conformance with the Gold Standard must be assessed by external assurance providers. The WGC and its members, including Goldcorp, will continue to work to ensure that it complements and integrates with other industry frameworks, and remains underpinned by a declaration of principles that include commitments to respect human rights and prevent direct or indirect support of illegal, armed groups.

The Standard must also be credible and pragmatic, which Reebye’s work helped ensure, Heymann says.

“Part of Ounesh’s role was to help us work through those challenges and to better understand the links between gold sales and what happens at the mine site,” says Heymann. “The overall process depends on the integrity of the handover from the mine to the next participants in the supply chain. Having someone there from one of our member companies, who understands how the process works, was invaluable.”

Reebye was well aware of the importance of conflict-free gold production before the assignment, but says the experience opened his eyes as to other realities in the industry, including some of the dangers in artisanal mining in developing countries in Africa.

iNSiGHt AND iMPACt“We live in a bubble when we work in an office. You hear about it, you read about it, you see it on the news. To be down on the ground and see the impact and the conditions these people live in – it completely changes your outlook on why this is a problem,” he says.

One experience in particular hit home for Reebye. In Ghana he saw an illegal artisanal mine operated by mothers with children on their backs, without any safety gear whatsoever, climbing in and out of open pits, handling mercury and working with makeshift smelters in their homes.

“It’s very sad when you visit these places. It’s amazing this type of mining continues to exist,” says Reebye.

The assignment also took him to parts of Ghana where former illegal artisanal mines, located close to farmland, had been evacuated by the military and since abandoned.

“Seeing the negative impact that uncontrolled mining has on the environment was eye-opening. It made me realize that this is a much bigger problem than I had ever imagined, and helped put into perspective why the Conflict-Free Gold Standard is being developed.”

FutuRE FORWARDWhile Reebye is now back at Goldcorp in Vancouver, he remains a WGC ambassador for the Gold Standard and other responsible-mining initiatives.

“ Seeing the negative impact that uncontrolled mining has on the environment was

eye-opening. It made me realize that this is a much bigger problem than I had

ever imagined, and helped put into perspective why the Conflict-Free Gold Standard is being developed.”

Ounesh Reebye, Manager, Treasury and Risk Management

>


SPECiAl FEAtuRE

The Beijing-based jewellery store CaiBai is the largest gold retail department chain. WGC has played a key role in the jewellery and investment campaign in China

An Artisanal or Small Scale mine (ASM) in Ghana. The picture represents a typical ASM where there are no safety standards in place

“The whole experience has given me a stronger appreciation of mining, the people who work in the industry, and the dangers and challenges we face,” says Reebye. “It has also given me a more global view of mining and a better understanding of the role of the WGC.”

This was the first time the WGC has done a secondment, but it won’t be the last.

“The WGC is continuing to improve the communication between the council and its members,” says Telfer. “I think it was a positive experience for both sides, and the WGC plans to continue the process going forward with secondments from other members.”

A dialogue has already begun, with monthly activity reports and presentations by the WGC to representatives of the industry. “The secondment program is the latest step,” Telfer says.

Building Habitat for Humanity

On July 19th, a crew of 15 Goldcorp employees from the Vancouver office doffed their business suits for tool belts and headed for the nearby city of Burnaby to participate in Habitat for Humanity’s Corporate Build Day, where everyone joined forces to build a better future for six deserving families.

Habitat for Humanity partners with conscientious companies and citizens to build simple, decent housing with donated labour, materials and funding. The non-profit group is currently working on a townhome complex that will house six low-income families with 11 children combined.

The keen Goldcorp team was welcomed by Tim Wake, CEO of Habitat for Humanity, who thanked the volunteers for powering down computers and cellphones to show up and help this worthy cause.

It wasn’t all work for Ounesh Reebye during the six months he spent on assignment with the World Gold Council.

Reebye and his wife did some travelling, including a trip from Morocco up through to Spain over the Christmas vacation period, and a handful of other destinations across Europe.

His wife, Shankari Reebye, was also expecting their first child on the trip, and her prenatal care took place at the famous Portland Hospital, London’s only private hospital dedicated entirely to the care of women and children. Portland is also the birthplace of several well-known British people, including Princesses Beatrice and Eugenie, and the children of such celebrities as Victoria Beckham, Gillian Anderson, Claudia Schiffer and Boris Becker.

Reebye’s wife gave birth to their daughter, Riya Reebye, just three and a half weeks after they returned to Vancouver.

Goldcorp employees at the Burnaby build site


SPECiAl FEAtuRE

Oscar’s Winning Performance Run of hard work kicks this career into high gear.

Part of Oscar Franco’s job, as Chief of Procurement at Los Filos mine in Mexico, is to cut costs, but you can’t say he cuts corners.

In fact, Franco took the long-distance route to get where he is today, literally advancing his career path on a track-and-field scholarship from Washington State University. After four years of balancing running with studies – while perfecting his English – Franco graduated with an International Business degree.

He then worked two jobs in the US before moving home to Mexico, where he was readily recruited to fill one of the first positions at Los Filos mine in the spring of 2004.

“I remember being very excited. It was a great opportunity,” says Franco, whose other job option at the time was bell boy at the Holiday Inn. “There is no question I made the right choice!”

GOiNG tHE DiStANCENever one content to stay in the same spot for too long, three years ago he applied for and was accepted into a dual-degree global MBA program for Latin American managers co-offered by Thunderbird School of Business in Arizona and Mexico’s Tecnologico de Monterrey (Monterrey Institute of Technology).

The prestigious degree would advance Franco’s business skills and assist in his role dealing with Goldcorp’s diverse international suppliers.

Working full time at Los Filos while studying meant driving four hours to school every two weeks to cram in 20 hours of classes over the weekend,

then commuting four hours home to be on the job Monday morning. At the same time, Franco was part of a major project to streamline operational expenditures and global purchasing.

“It was challenging, definitely,” Franco says. “But it forces you to stay focused, to become more responsible and disciplined, and to make better decisions.”

NON-StOP AMBitiON Franco has become an ace negotiator, finding ways to shave expenses despite the industry’s rising cost pressures. “My main objective is to help the Company save money while also maintaining the highest business standards,” he says. “It’s a good job because everyone wants to be a supplier of Goldcorp. We buy a lot, we pay on time and we are an ethical business.”

To top it all, Franco married just months before graduating in May 2011 and today has a one-year-old daughter. While extremely happy with life, his aspirations remain high for future opportunities with Goldcorp – at other mine sites in Mexico or operations throughout the world.

“Growing people is one of our ‘Six Pillars’ and I would like to be with the Company for many years, to become a better person and to grow in my profession,” says Franco.

As the Company grows, opportunities for personal and professional growth will continue to reward those willing to go the distance.

21


iN YOuR ElEMENt

1. Oscar running at an NCAA XC Championships2. Oscar reforesting at Los Filos mine

Climate of ChangeClimate change is now firmly established on the long-term policy agenda and has become an integral part of the everyday context of doing business.

The Goldcorp Energy Strategy sets three corporate targets to be achieved by 2016:

1. Increase energy efficiency by 15% against business as usual

2. Increase renewable energy to 5% of our energy mix

3. Reduce GHG emissions by 20% against business as usual

Goldcorp acknowledges climate change is an international and community concern. We support voluntary, science-based actions that are consistent with international initiatives on climate change.

Peñasquito scenic

iN OuR BACkYARD

Our World of Community ResponsibilityContact us at [email protected]

For more information on Goldcorp’s responsible mining initiatives around the globe, visit: www.goldcorp.com/Responsible-Mining

above ground fall 2012

Documents

new career

graduating class of

goldcorp trains students

new technical school

world gold council group

new global guidelines

years of hard work

new generation of young