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Ian Telfer is a British-born Canadian mining executive, entrepreneur and former chairman of Goldcorp Inc. Besides leading Goldcorp, he is known for founding and leading other Canadian mining companies, including TVX Gold, Silver Wheaton Corp., and Uranium One, as well as for his philanthropic efforts that include a donation of $25 million to the University of Ottawa's School of Management, now ...
The gold miner disappointed investors.
The transaction, the biggest ever takeover in the gold sector according to Refinitiv, follows Barrick Gold Corp's agreement in September to buy Randgold Resources Ltd in a deal valued at $6.1 billion.
By 2005, Wheaton merged with Rob McEwen's Goldcorp. As the price of gold rose, Ian Telfer, a "mine entrepreneur...turned an insignificant shell company into a billion dollar gold producer." In 2005 Goldcorp absorbed Wheaton River Minerals. [13] According to Bloomberg News, Wheaton River Minerals was the precursor for both Goldcorp and Endeavour ...
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Goldcorp Inc. was a gold production company headquartered in Vancouver, British Columbia, Canada. The company stood among the largest gold producers in the world, employed about 15,800 people worldwide, [ 4 ] engaged in gold mining and related activities including exploration, extraction, processing and reclamation.
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Some may find it enormously tempting to presume -- because the gold mining stocks as a group have failed to outperform gold bullion over recent years -- that in fact they never will. In my opinion ...