Deals
Goldcorp to Focus on Partnering With Peers to Develop New Mines
- Canadian miner has held talks with Barrick, Newmont and Agnico
- Joint ventures would de-risk development of big gold deposits
Goldcorp CEO: Partner With Peers to Develop New Mines
This article is for subscribers only.
Goldcorp Inc.’s future growth strategy will likely focus on partnering with other senior miners as Canada’s second-largest producer of the metal looks to share the burden of developing multibillion-dollar projects, the chief executive officer said.
The Vancouver-based company has been looking for deposits in the portfolios of other miners or privately held properties that it can develop as joint ventures, David Garofalo said Thursday in comments following an interview on Bloomberg TV Canada. The focus, he said, has been primarily large-scale projects in the Americas.