http://www.mining.com/goldcorp-we-have-hit-peak-gold-48704/
Jeannes says a drop in mine supply from a high of 2,270 tonnes in
2013 will support the gold price and lead to further consolidation in
the industry as gold majors opt to buy ounces.
Last year Goldcorp, worth $22.3 billion on the Toronto Stock
Exchange, made an unsuccessful bid for fellow Canadian miner Osisko, but
Jeannes could not be drawn on whether the Vancouver-based company plans
to launch any other bids in the short term.
Goldcorp said last week its 2014 output could end up near the bottom
end of its forecast range of 2.95 – 3.1 million ounces because of
production problems at a Mexico mine.
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