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Goldcorp-Barrick Partnership Shows Miners Tip-Toeing to Growth

  • Canada’s two biggest gold miners team up in Chilean venture
  • Goldcorp shares fall most since November after deals announced
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Goldcorp CEO Says Project Pipeline Quite Full Right Now

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In the dark days of the commodities meltdown, mining companies turned to partnerships to lower costs and survive. Now, as prices recover, they’re hooking up for growth -- or at least the possibility of it.

Canada’s two biggest gold miners, Barrick Gold Corp. and Goldcorp Inc., are teaming up to develop a gold-copper deposit in Chile as part of a complex chain of transactions.