Goldcorp CEO: Partner With Peers to Develop New Mines

Goldcorp CEO: Partner With Peers to Develop New Mines

Assessment

Interactive Video

Business, Social Studies

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses Goldcorp's strategic focus on gold and low-risk jurisdictions, addressing labor challenges, and the impact of currency fluctuations. It also explores the influence of US politics on gold prices and interest rates, emphasizing the need for industry collaboration and operational efficiency.

Read more

7 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is Goldcorp's primary focus in terms of mineral deposits?

Silver

Copper

Gold

Iron

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why does Goldcorp prefer to collaborate with other companies on Greenfield projects?

To reduce political risks

To combine technical expertise and financial resources

To expand into new markets

To increase gold production

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was a significant factor in stabilizing labor costs for Goldcorp?

Increased gold prices

Deregulation in Argentina

Technological advancements

Expansion into new markets

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How has Argentina's deregulation affected Goldcorp's operations?

Reduced gold production

Higher export tariffs

Increased workforce

More efficient procurement

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What impact does local currency depreciation have on Goldcorp's costs?

Increases revenue

No impact

Decreases costs

Increases costs

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How did the market initially react to Donald Trump's election in terms of gold prices?

Gold prices fell

Gold prices doubled

Gold prices remained stable

Gold prices spiked briefly

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the expected trend for interest rates according to the analysis in the transcript?

Interest rates will rise significantly

Interest rates will remain low

Interest rates will fluctuate wildly

Interest rates will drop to zero