Goldcorp produced seven percent more gold in the first quarter of this year compared with the first three months of last yeasr but silver output dropped, it said.
The company produced 724,800 ounces of gold in the three months to the end of March, up from 679,000 ounces a year ago, but silver production fell nearly 13 percent to 8.5 million ounces compared with 9.6 million ounces.
It expects gold production to increase over 2015 as mining continues into the higher-grade portions of the Peñasco pit at Peñasquito and as both Cerro Negro and Éléonore ramp up through the year.
The company recorded a decline in adjusted quarterly profit for the first quarter at $12 million, down from $209 million, which it attributed to lower gold prices.
Its average realised first-quarter price on gold sales fell to $1,217 per ounce from $1,297 in the same period of last year.
(Editing by Mark Shaw)
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