New gold firm hungry to expand

A new North American gold powerhouse is in the making following the merger of Goldcorp and Wheaten River Minerals, two mid-size Canadian producers, whose combined entity now ranks No. 5 on the continent.

With the champagne still flowing and the ink still drying on the deal, Ian Telfer, president and chief executive officer of the new Goldcorp, wasted no time talking about expansion. He said Goldco...