Goldcorp to focus on organic growth

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Goldcorp (G.TO: Quote), Canada’s No.2 gold miner, plans to slow down the tempo on deal-making and refocus on developing its large pipeline of projects in the Americas, its CEO said on Wednesday.

“M&A is not a high priority for us – focusing on delivering these new projects is our priority now,” Goldcorp Chief Executive Chuck Jeannes said at the Reuters Global Mining & Steel Summit in Toronto.