Goldcorp Inc, Canada's second-largest gold mining company, has no plans to diversify away from gold into other metals and remains focused on increasing its gold output, Chief Executive Chuck Jeannes said on Friday.Jeannes, speaking at an investor day in Boston, also said Goldcorp has reviewed its plans in light of costs weighing on the mining industry and remains focused on managing those costs while increasing output."We have reviewed our strategy," he said. "And we're confident in fact that the strategy is sound, that we are on the right track and that we don't need to change our strategic focus."The promise of business as usual, with a $5.5 billion five-year spending plan, caused little reaction in the market. The shares were barely changed at C$33.65 on Friday morning on the Toronto Stock Exchange.
Goldcorp Inc. (Goldcorp) is a gold producer engaged in the operation, exploration, development and acquisition of precious metal properties in Canada, the United States, Mexico and Central and South America. Shares of G fell by 0.24% or $-0.08/share to $33.60. In the past year, the shares have traded as low as $32.34 and as high as $47.50. On average, 2347860 shares of G.TO exchange hands on a given day and today's volume is recorded at 2979365.
Goldcorp Inc. (Goldcorp) is a gold producer engaged in the operation, exploration, development and acquisition of precious metal properties in Canada, the United States, Mexico and Central and South America. Shares of GG fell by 0.31% or $-0.1/share to $32.65. In the past year, the shares have traded as low as $31.54 and as high as $48.10. On average, 5704390 shares of GG exchange hands on a given day and today's volume is recorded at 4319397.
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