Goldcorp Gold Mining Inc: Corporate Overview
Goldcorp is the fastest growing gold mining company in the world. Headquartered in Vancouver, Canada the Goldcorp has over 9000 employees around the globe. Mostly the operations of the Goldcorp are based in the American continent. The production growth profile of the Goldcorp is strongest among the entire gold mining companies world over.
Goldcorp Inc is one of the largest gold mining companies in the world in terms of operations, projects, employees, sales and turnover. The activities carried out by the Goldcorp include exploration of the sites, extraction of gold from the mines, processing of the ores and then reclamation of the gold. Goldcorp is one of the leaders in gold production in the American continent as well as in the world.
More than 70% of the reserves held by the Goldcorp are situated in the relatively low risk NAFTA nations. The major assets of the giant gold mining corporation comprises of about ten operational and six developmental projects of gold mining mostly in Americas. In 2006, Goldcorp took a large leap forward strategically important for its expansion and growth. Goldcorp took over Barrick and Glamis Gold Ltd, thus integrating their acquired assets with its own. The acquisition move of Goldcorp helped it double its reserves from 5 million ounces to 10 million ounces.
The long-term mission, vision and strategy of Goldcorp gold mining company is based on providing its shareholders and stakeholders with quality returns. For this Goldcorp continually works towards improving the mining process and put its assets to the best use possible in the interest of the stakeholders. Their aim is to create resources and value for the communities and areas where they operate.
Goldcorp is guided by some of the most reputed and respected persons in the gold mining industry. Kevin McArthur is the president and chief executive officer of the Goldcorp Inc. Formerly Kevin has worked with several mining companies in several management positions. He has worked with Glamis, Chemgold Inc., BP Minerals North America and also spent some time in Homestake Mining Company. Goldcorp Inc is very proud to have a leader of the stature of Kevin McArthur who knows the verticals and horizontals of the gold mining industry very well.
Next in line is Lindsay Hall who is the Executive Vice President and the Chief Financial Officer of the Goldcorp Inc. Other important figures of the Goldcorp's senior management team include Charles Jeannes - Executive Vice President, Corporate Development; Steve Reid - Executive Vice President & Chief Operating Officer; Tim Miller - Vice president, Central and South America; George R. Burns - Vice President, Canada & United States.
The project pipeline of Goldcorp is also full of prestigious projects that make it the company it is. The future projects of the company include the 100% owned Eleonore gold project in Quebec, Canada. In addition, another similar project is the 100% owned Peñasquito project in Zacatecas, Mexico. These kind of projects are sure to boost the value and the overall gold production of the Goldcorp Inc in the coming years, thus creating more value for its shareholders.