Growth through acquisition and divestiture, exploration and reinvestment into our unrivalled asset portfolio.
Goldcorp has grown from a mid-sized gold company to the world’s #2 gold producer by market capitalization by employing a broad-based strategy that combines exploration, mergers & acquisitions, joint ventures and organic development.
Strategic acquisitions
Goldcorp evolved over time from a series of acquisitions and divestitures to possess the attributes investors value most:
- gold production growth at low costs
- financial strength and liquidity
- a focus on high quality deposits in politically stable jursidictions.
Our merger and acquisition strategy seeks to enhance this highly differentiated investment proposition on an accretive basis without dilution to our shareholders.
Exploration and development
Reserves are the backbone of every gold mining company. Goldcorp's track record of growing reserves over the last eight consecutive years is a testament to the strength of our exploration programs. We focus on cost-effective exploration in and around our exisitng asset portfolio. This targeted strategy led to finding-costs in 2011 of approximately $14 per ounce of gold discovered.
Exploration partnerships
We maintain partnership relationships with several junior companies that specialize in gold exploration in high-potential regions of the world. Through these partnerships, we are filling our early-stage development pipeline with growth opportunities. To see some of those partnerships, please click here.