Goldcorp Inc CEO says gold price plunge to $900 would be an opportunity, not a disaster

The chief executive of Goldcorp Inc. is not fretting over lower gold prices this year and says he would view any price declines as an opportunity to buy assets.

“We’re a low cost producer and we’ve done most of the investing we need to to secure our future,” Mr. Jeannes said. “Building these new mines over the last four years, even if we see gold go down to US$900 — which I don’t think we will — we’d look for opportunities. Things come for sale at that price.”

Goldcorp Inc CEO says gold price plunge to $900 would be an opportunity, not a disaster