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Gold/Mining/Energy : Mining News of Note -- Ignore unavailable to you. Want to Upgrade?

To: LoneClone who wrote (30305)	12/12/2008 7:07:36 PM
From: LoneClone	Read Replies (1) \| Respond to of 193039

New Goldcorp CEO to look at M&A, no stock issues reuters.com TORONTO, Dec 12 (Reuters) - Goldcorp's (G.TO: Quote, Profile, Research, Stock Buzz) incoming chief executive, Charles Jeannes, said on Friday the gold producer will focus on its key development projects and could make acquisitions, but will not issue stock or take on debt. Speaking in an interview after the company announced he will take over from current CEO Kevin McArthur in the new year, Jeannes said not to expect any changes in the company's strategic direction. "We've always been a company that has grown by both a combination of organic growth and exploration at our site and smart acquisitions, and we'll continue to look for those acquisitions," he said. (Reporting by Cameron French; editing by Peter Galloway)