How Goldcorp Will Benefit From Government Intervention
In the past month, the largest operating gold mine on the planet - owned by Freeport-McMoRan - and what will become the largest - owned by Barrick Gold - have been temporarily closed or suspended by the Indonesian and Chilean governments, respectively. As one of the low-cost gold producers in the industry, Goldcorp is well-positioned to benefit from its competitors' problems. The true extent of the large miners disruptions may be somewhat elusive, but with Goldcorp facing its own challenges, the opportunity is welcome.
In the video below, Fool.com contributor Doug Ehrman discusses the two mine closures and looks at how they may inure to the benefit of Goldcorp.
Goldcorp is one of the leading players in the gold mining market. For the last several years, investors have been the beneficiaries of several successful acquisitions and strong organic growth. Goldcorp's low-cost production of one of the most sought-after metals in the world continues to make this stock an attractive choice for long-term investors. To learn everything you need to know about this mining specialist, you're invited to check out The Motley Fool's premium research report on the company, which comes with a full year of ongoing updates and analysis to keep you informed as key news breaks. Click here now to claim your copy today.
The article How Goldcorp Will Benefit From Government Intervention originally appeared on Fool.com.Fool contributor Doug Ehrman has no position in any stocks mentioned. The Motley Fool owns shares of Freeport-McMoRan Copper & Gold. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.