Ian Telfer
Ian Telfer
Ian Telfer is a British-born Canadian mining executive, entrepreneur and Chairman of the Board and Director of Goldcorp Inc. Besides leading Goldcorp, he is known for founding and leading other Canadian mining companies, including TVX Gold, Silver Wheaton Corp., and Uranium One, as well as for his philanthropic efforts that include a donation of $25 million to the University of Ottawa’s School of Management, now the Telfer School of Management...
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We're looking to fill that gap as our production starts to go down six or seven years from now. And these mines, as everyone is learning, take longer and longer to drill out and to permit and build, so we're actively looking now.
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We believe that the increased purchase price is justified as a result of recent increases in gold prices, the exploration success at Red Lake ... and additional synergies and tax efficiencies that we expect to arise from a friendly transaction.