CORPORATE UPDATE October 2014

FORWARD LOOKING STATEMENTS

2

This presentation contains “forward-looking statements”, within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable

Canadian securities legislation, concerning the business, operations and financial performance and condition of Goldcorp Inc. (“Goldcorp”). Forward-looking

statements include, but are not limited to, statements with respect to the future price of gold, silver, copper, lead and zinc, the estimation of mineral reserves and

resources, the realization of mineral reserve estimates, the timing and amount of estimated future production, costs of production, capital expenditures, costs and

timing of the development of new deposits, success of exploration activities, permitting time lines, hedging practices, currency exchange rate fluctuations,

requirements for additional capital, government regulation of mining operations, environmental risks, unanticipated reclamation expenses, timing and possible

outcome of pending litigation, title disputes or claims and limitations on insurance coverage. Generally, these forward-looking statements can be identified by the

use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”,

“anticipates” or “does not anticipate”, “believes” or variations of such words and phrases or statements that certain actions, events or results “may”, “could”,

“would”, “might” or “will be taken”, “occur” or “be achieved”. Forward-looking statements are subject to known and unknown risks, uncertainties and other factors

that may cause the actual results, level of activity, performance or achievements of Goldcorp to be materially different from those expressed or implied by such

forward-looking statements, including but not limited to: risks related to the integration of acquisitions; risks related to international operations; risks related to joint

venture operations; actual results of current exploration activities; actual results of current reclamation activities; conclusions of economic evaluations; changes in

project parameters as plans continue to be refined; future prices of gold, silver, copper, lead and zinc; possible variations in ore reserves, grade or recovery rates;

failure of plant, equipment or processes to operate as anticipated; accidents, labour disputes; delays in obtaining governmental approvals or financing or in the

completion of development or construction activities and other risks of the mining industry, as well as those factors discussed in the section entitled “Description of

the Business – Risk Factors” in Goldcorp’s annual information form for the year ended December 31, 2013 available at www.sedar.com. Although Goldcorp has

attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other

factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual

results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-

looking statements. Goldcorp does not undertake to update any forward-looking statements that are included in this document, except in accordance with

applicable securities laws.

All amounts are in U.S. dollars, unless otherwise stated.

Strategy to succeed

over the long-term

Proven Strategy CONSISTENT FOCUS

3

Quality

Growth

Safe,

Profitable

Production

Peer-

Leading

Balance

Sheet

Responsible

Mining

Practices

Gold

Focus

Low Political

Risk

Together, creating

sustainable value

Proven Strategy KEY PRIORITIES

4

Delivering new projects

on time and within capital

cost estimate

Operating for Excellence

achieving operating cost

reductions

Continued focus on execution

only SAFE production

Portfolio management

disciplined review and

investment

Financial

Discipline

Operational Update GOLD FOCUS IN LOW-RISK JURISDICTIONS

5

(1) Based on 2014 guidance as per January 8, 2014 press release, revised to exclude Marigold post Q1 2014

45%

31%

24%

Canada/US Mexico Central/South America

Operating mines

Development projects

2014E Gold Production(1)

By Region

Central and South America

CERRO NEGRO MINE

6

STRONG NEW CONTRIBUTOR TO GROWTH PROFILE

o First gold poured on July 25, 2014 • 2014E: 130,000 - 180,000ozs

• Commercial production expected

Q4 2014

o Initial capital estimate: $1.6 - $1.7B • Lowered by $100M

o Overall construction ~88%

o Outstanding reserve growth potential

• Reserve and resources(1)

• P&P reserves: 5.75Mozs

• M&I resources: 0.51Mozs

• Inferred resources: 0.82Mozs

(1) Year ended December 31, 2013

Canada

ÉLÉONORE MINE

7

FIRST GOLD ACHIEVED

o First gold poured on October 1, 2014 • 2014E: 40,000 - 60,000ozs

• Commercial production expected

Q1 2015

• 575,000 - 625,000oz/annual(1)

o Construction • Overall EPCM progress 99.3%(2)

• Initial capital $1.8-1.9B

o Exploration focus • In-fill and exploration drilling the lower

mine area

o Reserves and Resources(3) • P&P reserves: 4.03Mozs

• Inferred resources: 4.1Mozs

(1) Upon ramp up to full capacity expected by 2018

(2) As of October 1, 2014 (3) Year ended December 31, 2013

RED LAKE MINE

8

o Gold production • H1 2014A: 184,500ozs

• 2014E: 440,000 - 480,000ozs

o New discovery - HG Young • Five drills from surface

• Numerous high grade intercepts

• Rehabilitating existing infrastructure

for underground access

o First development ore: Q4 2014

o Haulage drift at 96% completion

o Initial capital ~$496M

o Exploration focus • Drilling Bruce Channel from haulage

drift (currently seven drills, nine drills

by year-end)

Canada

INTEGRATION PLAN ADVANCING

COCHENOUR PROJECT

Scientific and technical information pertaining to Red Lake Gold Mines was reviewed and approved by Chris Osiowy, P.GEO, Manager of

Exploration and a “qualified person” as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”)

Mexico

PEÑASQUITO MINE

9

BUILDING MOMENTUM AT MEXICO‘S LARGEST GOLD MINE

o Gold production • H1 2014A: 297,200ozs

• 2014E: 530,000 - 560,000ozs

o Northern Well Field project

construction commenced; completion

expected mid-year 2015

o Pre-feasibility studies advancing on

CEP and pyrite leach projects

o In-fill drilling continues on copper-gold

skarn

o Mine operating earnings of $131M in

Q2 2014

Central and South America

PUEBLO VIEJO MINE

10

MINE RAMP-UP PROGRESSING

o Gold production • H1 2014A: 213,300ozs

• 2014E: 405,000 - 420,000ozs

o Dual fuel power plant commenced

operations providing reliable, long

term power

o Autoclaves have achieved targeted

and sustainable run rates

11

Financial Discipline YEAR TO DATE 2014

(1) Includes capitalized exploration (2) Actual six months ended June 30, 2014

Q1 2014A Q2 2014A

Gold production (oz) 679,900 648,700

Cash costs $ / oz

All-in sustaining $840 $852

By-product $507 $470

Co-product $673 $643

Capital expenditures $480M $588M

Exploration expenditures(1) $30M $31M

Corporate administration $43M $42M

Depreciation / oz $295 $335

Tax rate 8% 24%

73%

14%

5% 2% 6%

Revenue by Metal(2)

Gold Silver Zinc Lead Copper

33%

22% 11%

9%

8%

8%

7% 2%

Earnings from Mine Operations(2)

Penasquito Pueblo Viejo Red LakeMusselwhite Porcupine AlumbreraLos Filos Wharf El SauzalMarlin

Financial Discipline ALL-IN SUSTAINING COSTS

0

200

400

600

800

1,000

1,200

1,400

Q2'13 Q3'13 Q4'13 Q1'14 Q2'14 2013A 2014E

Sustaining capex Operating cost G&A Exploration Other

C O S T M A N A G E M E N T I N I T I AT I V E S & N E W L O W - C O S T M I N E S

D R I V E D E C R E A S I N G C O S T S

12

US$/oz

$1,031 $950 - $1,000

$1,227

$995

$810 $840 $852

13

(1) 2014 price assumptions: Au=$1,200/oz, Ag=$20.00/oz, Cu=$3.00/lb, Zn=$0.90/lb, Pb=$1.00/lb

(2) Revised to exclude Marigold post Q1 2014

(3) Includes capitalized exploration

Financial Discipline POSITIVE MOMENTUM THROUGH GROWTH AND LOWER COSTS

2013 Actual January 2014 Updated (2)

Gold production (oz) 2.67M 3.0M - 3.15M 2.95M - 3.10M

Cash costs $ / oz

All-in sustaining $1,031 $950 - $1,000 $950 - $1,000

By-product $553 $550 - $600 $550 - $600

Co-product $687 $650 - $700 $650 - $700

Capital expenditures $2.4B $2.3B - $2.5B $2.3B - $2.4B

Exploration expenditures (3) $156M $190M $190M

Corporate administration $165M $185M $185M

Depreciation / oz $314 $385 $350

Tax rate 36% 41% 26%

2014E Guidance (1)

14

L O N G - L I F E , L O W - C O S T M I N E S T O G E N E R AT E L O N G T E R M VA L U E

Gold production (Moz)

2.95 – 3.1

3.6 – 3.8 3.7 – 4.0

3.5 – 3.8 3.5 – 3.8

2.7

Revised to exclude Marigold post Q1 2014

0.0

5.5

2013A 2014E 2015E 2016E 2017E 2018E

Gold GEO

High Quality Growth

LEADING GROWTH PROFILE

Growth Pipeline CURRENT OPERATIONS & BUILDING FUTURE VALUE

15

CAMINO ROJO(2)

PEÑASQUITO SKARN

RED LAKE - HG YOUNG

PORCUPINE TVZ

MUSSELWHITE – WEST

LIMB

PEÑASQUITO

- Concentrate Enrichment

Process

- Pyrite Float

- Heap Leach

EL MORRO

LOS FILOS EXPANSION

- El Sauzal mill relocation - Bermejal underground

ÉLÉONORE

- Crown pillar

CERRO NEGRO

ÉLÉONORE

COCHENOUR

HOLLINGER OPEN PIT

HOYLE DEEP

PUEBLO VIEJO (2012)

PEÑASQUITO (2010)

LOS FILOS (2008)

RED LAKE & OTHER

OPERATING MINES(1)

CONCEPT &

ADVANCED

EXPLORATION PRE-FEASIBILITY

EXECUTION

PRODUCTION

(1) Marlin, Porcupine, Musselwhite, El Sauzal, Alumbrera, Wharf

(2) Will move into pre-feasibility in December 2014

Proven Strategy CASH FLOW ALLOCATION PRIORITIES

INVEST IN HIGH RETURN ORGANIC GROWTH

FLEXIBILITY FOR SELECTIVE M&A

REGULAR DIVIDEND GROWTH

FUND EXISTING GROWTH PROFILE

CREATING SHAREHOLDER

VALUE

16

Financial Discipline PEER-LEADING DIVIDEND PAYER

17

F I N A N C I A L D I S C I P L I N E S TA B L E D I V I D E N D

0.00

0.02

0.04

0.06

0.08

0.10

0.12

0.14

0.16

Q1'10 Q1'11 Q1'12 Q1'13 Q1'14

US$/share Dividend per Share(1) Percent Yield(2)

(1) Dividends declared each month (2) Source: Capital IQ (as of September 30, 2014)

0.0%

0.4%

1.0%

1.4%

2.3% 2.5%

0.0%

0.5%

1.0%

1.5%

2.0%

2.5%

Kinross Newmont Agnico Barrick Goldcorp Yamana

C O N S I S T E N T T R A C K R E C O R D O F D I V E S T I N G N O N - C O R E A S S E T S

Proven Strategy

VALUE CREATION

18

Silver Wheaton (2006 & 2008)

Terrane Metals

(Mt. Milligan Project) (2010)

Osisko – Shares (2011)

Tahoe Resources(2)

(Escobal Project) (2010)

Primero Mining

(San Dimas Mine) (2010) New Gold

(Peak & Amapari Mines) (2007)

Kinross (La Coipa Mine)

(2007)

ESTIMATED GAIN ON ASSET DIVESTITURES(1)

(1) Estimated gain is pre-tax (2) Market value of 40% share of Tahoe Resources as of June 30, 2014 plus gain on sale of Escobal project

Financial Discipline STRONG BALANCE SHEET MAINTAINED

19

$2.4B L I Q U I D I T Y

$1.2B(1)

$2.0B

CASH & EQUIVALENTS

UNDRAWN REVOLVING

CREDIT FACILITY

I N V E S T M E N T G R A D E B A L A N C E S H E E T ( 3 )

NET DEBT AS A % OF

MARKET CAP (2)

(1) Cash & equivalents and revolving credit facility based on financial information as of June 30, 2014. (2) As of Sept 30, 2014; All amounts as reported in company financial statements and adjusted for subsequent transactions. Goldcorp’s net debt position adjusted to

include $375M of attributable Pueblo Viejo project debt. and repayment of the $862M convertible debt. (3) Moody’s: Baa2; S&P: BBB+, Fitch: BBB

13%

18%

34% 35%

41%

49%

60%

66%

Goldcorp Agnico Yamana Kinross Newmont Newcrest Barrick AngloGold

$3.8B $10.2B $3.7B $4.7B $1.3B $1.8B $1.1B $2.4B

70

75

80

85

90

95

100

200

3

200

4

200

5

200

6

200

7

200

8

200

9

201

0

201

1

201

2

201

3

201

4

201

5

201

6

201

7

201

8

201

9

202

0

202

1

202

2

An

nu

al P

rod

uct

ion

(M

oz)

Peak Gold PEAK PRODUCTION IS EXPECTED ~2015

20

• Gold market forecasters are expecting peak production in ~2015

• This coincides with a ~20 year development cycle from peak discovery

Peak

Production

Source: Consensus estimates. Includes CPM Group, GFMS, and Metals Focus

Peak

Discovery

+ 20 years average

development time

Source: SNL Metals Economics Group

“PEAK GOLD”

Why Goldcorp?

MANAGING IN A VOLATILE GOLD MARKET

Gold price (US$)

Higher gold

production

Lower operating

and capital costs

21

Capital / operating costs

High-quality production growth

Source: Capital IQ – gold price (January 1, 2008 – September 30, 2014)

N E W G O L D M I N E S T O D R I V E S H A R E H O L D E R VA L U E

GOLDCORP ADVANTAGE

Quality

Growth

Safe,

Profitable

Production

Peer-

Leading

Balance

Sheet

Responsible

Mining

Practices

Gold

Focused

Low

Political

Risk

22

SUPERIOR

INVESTMENT

PROPOSITION

Appendix A STRONG DIVIDEND TRACK RECORD

2014E 2015E

23 Source: Capital IQ (as of September 30, 2014)

Dividend as % of Operating Cash Flow

0%

3%

9% 9%

18%

30%

0%

2%

7% 8%

13%

23%

Kinross Newmont Barrick Agnico Yamana Goldcorp

Appendix B

AISC + INTEREST EXPENSE

24

$600

$700

$800

$900

$1,000

$1,100

$1,200

$1,300

0% 5% 10% 15% 20% 25% 30% 35% 40% 45% 50% 55% 60% 65% 70% 75% 80% 85% 90% 95%

AIS

C +

In

tere

st(

$/o

z)

Cumulative Production (%)

$600

$700

$800

$900

$1,000

$1,100

$1,200

$1,300

0% 5% 10% 15% 20% 25% 30% 35% 40% 45% 50% 55% 60% 65% 70% 75% 80% 85% 90% 95%

All

-In

Su

sta

inin

g C

os

t ($

/oz)

Cumulative Production (%)

Barr

ick

Go

ldco

rp

Kin

ross

An

glo

Go

ld

New

cre

st

New

mo

nt

Barr

ick

Go

ldco

rp

Kin

ross

An

glo

Go

ld

New

cre

st

New

mo

nt

2014 AISC ($/oz)

2014 AISC + Interest ($/oz)

Source: Company disclosure; based on the mid-point of guidance range. Interest Expense is 2014E consensus from Capital IQ.

A D J U S T I N G F O R I N T E R E S T E X P E N S E P U T S G O L D C O R P

I N T O T H E B O T T O M Q U A R T I L E F O R A I S C

2014E Guidance

Appendix C MINE-BY-MINE GUIDANCE

2013 Actual

25

Peñasquito 404,000 530,000 – 560,000

Red Lake 493,000 440,000 – 480,000

Pueblo Viejo (40.0%) 324,000 405,000 – 420,000

Los Filos 332,000 330,000 – 345,000

Porcupine 292,000 290,000 – 305,000

Musselwhite 255,000 230,000 – 240,000

Marlin 202,000 175,000 – 185,000

Cerro Negro 0 130,000 – 180,000

Alumbrera (37.5%) 118,000 125,000 – 130,000

El Sauzal 81,000 100,000 – 105,000

Marigold (66.7%) 108,000 21,800(1)

Wharf 56,000 60,000 – 65,000

Éléonore 0 40,000 – 60,000

Total 2,665,000 2,950,000 – 3,100,000(2)

(1) Actual production figure for Q1 2014; Marigold mine was divested April 4, 2014 (2) Mine-by-mine ranges reflect expectations at individual mines, but do not add up to corporate-wide guidance range total

Appendix D 2014 SENSITIVITIES

26

Base Price Change

Increments CFPS

($/share)

All-In Sustaining Costs ($/oz)

FCF ($mm)

Gold Price ($/oz) $1,200 $100 $0.27 $2 $228

Silver Price ($/oz) $20.00 $3.00 $0.07 $28 $56

Copper Price ($/lb) $3.00 $0.50 $0.04 $14 $30

Zinc Price ($/lb) $0.90 $0.10 $0.03 $11 $21

Lead Price ($/lb) $1.00 $0.10 $0.01 $5 $9

Canadian Dollars 1.05 10% $0.02 $19 $115

Mexican Peso 12.50 10% $0.03 $18 $40

Appendix E 2014 OPERATING COST BREAKDOWN

27

22%

15%

9% 10%

9%

14%

2%

4%

5% 8%

Labour Contractors Fuel Costs Power Maintenance Parts Consumables Tires Explosives Site Costs Others

38%

16% 6%

5%

8%

12%

2% 3%

5% 5%

CANADA / USA MEXICO CSA

13%

17%

12%

11% 8%

15%

3%

6%

4% 9%

19%

12%

8%

15% 11%

15%

1%

4%

6%

9%

CONSOLIDATED

Appendix F NOTES

28

Note 1: Free and adjusted operating cash flow, net asset value, and gold production and reserves are non-GAAP performance measures which Goldcorp

believes that, in addition to conventional measures prepared in accordance with GAAP, Goldcorp and certain investors use to evaluate Goldcorp's

ability to generate cash flows, its operating and economic performance and to provide measures which management uses internally to assess and

evaluate the overall performance of its business and those of acquisition candidates and to highlight trends in the overall business. Accordingly, the

measures are intended to provide additional information and should not be considered in isolation or as a substitute for measures of performance

prepared in accordance with GAAP. Free cash flows are calculated by deducting from net cash provided by operating activities, Goldcorp's share of

expenditures on mining interests, deposits on mining interest expenditures and capitalized interest paid, and adding Goldcorp's share of free cash

flows provided by operating activities from Alumbrera and Pueblo Viejo. Adjusted operating cash flows comprises Goldcorp’s share of operating cash

flows before working capital changes, dividends from associates and adjusted operating cash flows provided by Alumbrera and Pueblo Viejo. Net

asset value is estimated as the discounted future after-tax cash flows expected to be derived from a mine site, less an amount for costs to sell

estimated based on similar past transactions. When discounting estimated future after-tax cash flows, the Company uses its after-tax weighted

average costs of capital. Estimated cash flows are based on expected future production, metal selling prices, operating costs and non-expansionary

capital expenditures, excluding those cash flows arising from future enhancements of the asset.

Note 2: The Company has included certain non-GAAP performance measures throughout this presentation. The Company believes that, in addition to

conventional measures prepared in accordance with GAAP, the Company and certain investors use this information to evaluate the Company’s

operating and economic performance; however, these non-GAAP performance measures do not have any standardized meaning. Accordingly,

these performance measures are intended to provide additional information and should not be considered in isolation or as a substitute for measures

of performance prepared in accordance with GAAP.

The Company calculates its non-GAAP performance measures on an attributable basis. Attributable performance measures include the Company’s

mining operations and projects, and the Company’s share from Alumbrera and Pueblo Viejo. The Company believes that disclosing certain

performance measures on an attributable basis is a more relevant measurement of the Company’s operating and economic performance, and

reflects the Company’s view of its core mining operations.

By-product cash costs incorporate Goldcorp’s share of all production costs, adjusted for changes in estimates at the Company’s closed mines which

are non-cash in nature, and include Goldcorp’s share of by-product credits, and treatment and refining charges included within revenue.

Additionally, cash costs are adjusted for realized gains and losses arising on the Company’s commodity and foreign currency contracts which the

Company enters into to mitigate the Company’s exposure to fluctuations in by-product metal prices, heating oil prices and foreign exchange rates,

which may impact the Company’s operating costs.

In addition to conventional measures, the Company uses total cash costs, by product and co-product, per gold ounce, to monitor its operating cash

costs internally and believes these measure provide investors and analysts with useful information about the Company’s underlying cash costs of

operating and the impact of by-product revenues on the Company’s cost structure. The Company reports total cash costs on a gold ounces sold

basis. In the gold mining industry, this is a common performance measure but does not have any standardized meaning. The Company follows the

recommendations of the Gold Institute Production Cost Standard. The Gold Institute, which ceased operations in 2002, was a non-regulatory body

and represented a global group of suppliers of gold and gold products. The production cost standard developed by the Gold Institute remains the

generally accepted standard of reporting cash costs of production by gold mining companies.

Appendix F (cont’d) NOTES

29

The Company, in conjunction with an initiative undertaken within the gold mining industry, has adopted an all-in sustaining cost performance

measure; however, this performance measure has no standardized meaning and should not be considered in isolation or as a substitute for

measures of performance prepared in accordance with GAAP. The Company follows the guidance note released by the World Gold Council, which

became effective January 1, 2014. The World Gold Council is a non-regulatory market development organization for the gold industry whose

members comprise global senior gold mining companies.

All-in sustaining costs include total production cash costs incurred at the Company’s mining operations, which forms the basis of the Company’s by-

product cash costs. Additionally, the Company includes sustaining capital expenditures, corporate administrative expense, exploration and

evaluation costs, and reclamation cost accretion. The Company believes that this measure represents the total costs of producing gold from current

operations, and provides the Company and other stakeholders of the Company with additional information of the Company’s operational

performance and ability to generate cash flows. As the measure seeks to reflect the full cost of gold production from current operations, new project

capital is not included. Certain other cash expenditures, including tax payments, dividends and financing costs are also not included. The Company

reports this measure on a gold ounces sold basis.

Note 3: The terms “mineral reserve”, “proven mineral reserve” and “probable mineral reserve” defined in accordance with NI 43-101 differ from the definitions

in US SEC Industry Guide 7 (“SEC Industry Guide 7”) under the US Securities Act. Under SEC Industry Guide 7 standards, a “final” or “bankable”

feasibility study is required to report reserves, the three-year historical average price is used in any reserve or cash flow analysis to designate

reserves and the primary environmental analysis or report must be filed with the appropriate governmental authority. In addition, the terms “mineral

resource”, “measured mineral resource”, “indicated mineral resource” and “inferred mineral resource” are defined in and required to be disclosed by

NI 43-101; however, these terms are not defined terms under SEC Industry Guide 7 and are normally not permitted to be used in reports and

registration statements filed with the SEC. Investors are cautioned not to assume that any part or all of mineral deposits in these categories will ever

be converted into reserves.

Appendix G GOLDCORP GOLD MINERAL RESERVES1

30

1All Mineral Reserves and Mineral Resources have been estimated as of December 31, 2013 in accordance with the standards of the Canadian Institute of Mining, Metallurgy and Petroleum and National Instrument 43-101 (“NI 43-101”), or the AusIMM JORC

equivalent. These estimates, as well as all other scientific and technical information relating to Goldcorp’s mineral properties contained herein, have been prepared by employees of Goldcorp, its joint venture partners or its joint venture operating companies, as

applicable, and have been reviewed and approved by Maryse Belanger, P. Geo., Senior Vice-President, Technical Services of Goldcorp, a “qualified person” for the purposes of NI 43-101. These estimates incorporate current and/or expected mine plans and cost

levels at each property. Varying cut-off grades have been used depending on the mine and type of ore. Goldcorp’s normal data verification procedures have been employed in connection with these estimates. For a breakdown of Mineral Reserves and Mineral

Resources by category and for a more detailed description of the key assumptions, parameters and methods used in calculating Goldcorp’s Mineral Reserves and Mineral Resources, please refer to Goldcorp’s most recently filed Annual Information Form/ Form

40-F filed with Canadian provincial securities regulatory authorities and the U.S. Securities and Exchange Commission. Mineral Reserves. Mineral Reserves are estimated using appropriate recovery rates and US$ commodity prices of $1,300 per ounce of gold,

$22 per ounce of silver, $3.00 per pound of copper, $0.90 per pound of lead, and $0.90 per pound of zinc, unless otherwise stated: Alumbrera , $1,300/oz gold and $2.95/lb copper; Pueblo Viejo and Dee,$1,100/oz gold, $21/oz silver, $3.00/lb copper.

Tonnage Grade Contained Tonnage Grade Contained Tonnage Grade Contained

mt g Au/t m oz mt g Au/t m oz mt g Au/t m oz

Alumbrera 37.5% 66.56 0.35 0.75 1.88 0.21 0.01 68.44 0.35 0.76

Camino Rojo 100.0% - - - 66.76 0.76 1.63 66.76 0.76 1.63

Cerro Blanco 100.0% - - - - - - - - -

Cerro Negro 100.0% 0.04 11.08 0.01 18.87 9.43 5.72 18.91 9.43 5.74

Cochenour 100.0% - - - - - - - - -

Dee 40.0% 0.00 2.82 0.00 13.68 1.53 0.67 13.68 1.53 0.67

El Morro 70.0% 233.95 0.56 4.24 215.56 0.36 2.49 449.51 0.47 6.73

El Sauzal 100.0% 0.28 1.33 0.01 2.45 1.70 0.13 2.73 1.66 0.15

Éléonore 100.0% - - 19.30 6.49 4.03 19.30 6.49 4.03

Los Filos 100.0% 67.15 0.98 2.11 243.22 0.75 5.84 310.37 0.80 7.95

Marlin 100.0% 3.33 4.05 0.43 1.55 4.31 0.21 4.88 4.13 0.65

Musselwhite 100.0% 3.63 7.08 0.83 5.36 5.97 1.03 8.99 6.42 1.85

Noche Buena 100.0% - - - - - - - - -

Peñasquito Heap Leach 100.0% 41.97 0.42 0.56 41.49 0.33 0.44 83.46 0.37 1.00

Peñasquito Mill 100.0% 335.03 0.71 7.67 194.94 0.47 2.95 529.97 0.62 10.62

Porcupine 100.0% 15.29 2.02 1.00 50.31 1.26 2.03 65.60 1.44 3.03

Pueblo Viejo 40.0% 14.59 3.35 1.57 47.31 3.22 4.89 61.90 3.25 6.46

Red Lake 100.0% 1.70 12.34 0.67 6.29 9.17 1.88 7.99 9.94 2.55

San Nicolas 21.0% - - - - - - - - -

Wharf 100.0% 13.77 0.77 0.34 7.48 0.90 0.22 21.25 0.82 0.56

Totals 20.20 34.18 54.38

GOLD

(as of December 31, 2013)PROVEN PROBABLE PROVEN & PROBABLE