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Two Canadian mining companies are merging1 to become the world's third-largest gold mining company. Goldcorp and Glamis Gold will become a single company named Goldcorp worth about $21.3 billion. (The largest gold mining company, Barrick Gold, is also a Canadian company.) The combined company plans to produce 3 million ounces of gold a year. Some investors2 felt that the acquisition puts too much emphasis in the company on riskier3, long-term projects, and GoldCorp's stock price suffered as a result. Two years ago, Glamis tried to prevent the takeover of Goldcorp by Wheaton River Minerals, which successfully acquired the company and took the Goldcorp name as well.
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1 merging | |
合并(分类) | |
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2 investors | |
n.投资者,出资者( investor的名词复数 ) | |
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3 riskier | |
冒险的,危险的( risky的比较级 ) | |
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