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Monday, Sep 23
Goldcorp CEO sees opportunity for takeovers as other miners retrench
- It's a stance at odds with competitors, but Goldcorp (GG) CEO Chuck Jeannes tells Reuters he isn't ruling out new takeovers and might even take a look at the big, capital-intensive gold mining projects most likely to alarm investors in the current mining environment of weak gold prices and high costs.
- Jeannes says GG's primary focus is on building three existing projects that will boost gold production over the next five years, but adds that the company also is looking for new opportunities.
- GG +1.5% AH.