The Steering Committee for the Human Rights Impact Assessment of the Marlin Mine

May 17, 2010 12:39 ET

The Steering Committee for the Human Rights Impact Assessment of the Marlin Mine: Marlin Mine Human Rights Assessment Report Released

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 17, 2010) - The Steering Committee for the Human Rights Impact Assessment of the Marlin Mine is pleased to announce the release of the final assessment report. "The independent assessment of the Marlin Mine is the first assessment of its kind to have been conducted with respect to a mine or other major foreign investment in Guatemala," said Manfredo Marroquin, a member of the Steering Committee and recognized professional in Guatemala. "Human rights impact assessments are a new tool for companies seeking to ensure their operations respect international human rights standards," said Bob Walker, Vice President of Sustainability for Ethical Funds and a member of the Steering Committee.

The final report presents an assessment of how the Marlin Mine's presence and operations have affected human rights, and whether the company's policies, procedures and practices comply with international human rights standards. The report includes specific recommendations for improving respect for human rights at the Marlin Mine, as well as lessons-learned to respect human rights in Goldcorp's global operations. The full report is available in English and executive summaries of the report are available in English and Spanish at: www.hria-guatemala.com. The full report in Spanish and the executive summary in Mam will be published at www.hria-guatemala.com as soon as the translations are completed.

The Marlin Mine is located in the western highlands of Guatemala and is operated by Montana Exploradora de Guatemala S.A., a wholly-owned subsidiary of Goldcorp Inc., based in Vancouver, Canada. In 2008, a group of Goldcorp's socially responsible shareholders called on Goldcorp to undertake an independent human rights impact assessment of the mine. The Steering Committee was established to oversee the assessment process and is comprised of a representative of the shareholder group, a Guatemalan representative, and a company representative. The assessment was conducted by On Common Ground Consultants Inc. Additional information regarding the report and the assessment process can be found at www.hria-guatemala.com.

The release of the final report completes the work of the Steering Committee. Goldcorp has committed to responding to the assessment recommendations including issuing a published response and action plan. Comments regarding the final report may be directed to the Steering Committee at steering.committee@hria-guatemala.com, to Goldcorp at hria@goldcorp.com, or to On Common Ground at hria@oncommonground.ca. The Steering Committee thanks all those who contributed to the assessment, and welcomes the release of this detailed report.

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