Goldcorp CEO: Talks With Peers on Greenfield Projects

Goldcorp CEO: Talks With Peers on Greenfield Projects

Assessment

Interactive Video

Business

University

Hard

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Goldcorp CEO David Garofalo discusses plans to increase production by 20% over five years, focusing on Brownfield expansions and efficiency improvements. The company aims to cut $250 million in annual expenses by 2018 through workforce reductions and operational efficiencies. Garofalo highlights potential partnerships with other large miners for Greenfield projects, emphasizing the need for collaboration to tackle industry challenges. The discussion also touches on potential opportunities in the Americas and the importance of early project development.

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7 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How does Goldcorp plan to achieve a reduction of $250 million in annual expenses by 2018?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is Goldcorp's target for increasing production over the next five years?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges does Goldcorp anticipate in achieving its production goals?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the main sources of growth for Goldcorp's production?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the status of Goldcorp's discussions with other mining companies regarding partnerships?

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6.

OPEN ENDED QUESTION

3 mins • 1 pt

What is Goldcorp's approach to collaborating with other companies in the mining industry?

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7.

OPEN ENDED QUESTION

3 mins • 1 pt

How does Goldcorp plan to enhance the value of its business through potential acquisitions?

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