Posted February 23, 2018 05:47:10When you think of a mining company that makes $500 million a year, most likely it has a CEO that makes a lot of money.
And even when the CEO makes a bit more money than that, it’s still a good chunk of money compared to the overall profit margins of the company.
A recent article in the Wall Street Journal put this into perspective.
The company that made the most money in the last three months is called Cobalt Silver.
Cobalt was acquired by a company called Goldcorp for $1.5 billion.
Goldcorp’s revenue fell 3.6 percent in the third quarter, according to the company’s latest earnings report.
Cobaldor’s revenue rose 2.5 percent, but revenue is down 6.4 percent compared to a year ago.
That said, Cobalt’s revenue was up 21.4% in the fourth quarter of 2018 compared to 2017.
GoldCorp’s revenue growth, though, is due to its acquisition of Goldcorps silver mines.
Cobalts silver mines are a major component of the gold rush that has swept the world in recent years.
It’s a strategy that’s been gaining momentum with mining companies all over the world.
It allows for more gold to be mined and sold, which means more profits for the mining companies.
The deal was announced by GoldCorp Chairman and CEO Mark McBride in a press release.
He noted that Cobalt and GoldCorp will be combining their strengths to drive global growth.
The combination of Cobalt Mining and Goldcorpers mines, the latter of which is a subsidiary of GoldCorp, will help the company achieve its long-term growth goals, including gold mining and precious metals, gold bullion and other commodity markets.
McBride went on to say that GoldCorp and Cobalt will create a world class company.
CobAls silver mining operations are already in the process of opening up and expanding into new areas.
The Goldcororp Silver mines will bring over 2,500 jobs to the US.
Coball silver mining will create over 2 million new jobs across the US and the world, according the company website.