Ian Telfer
Ian Telfer
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Full Name and Common Aliases
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Ian Telfer is a well-known Canadian businessman and investor.
Birth and Death Dates
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Born on 1944-08-12, Ian Telfer's age is not publicly disclosed.
Nationality and Profession(s)
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Canadian, mining magnate, entrepreneur.
Early Life and Background
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Ian Telfer was born in 1944 to a family of modest means. Growing up in Northern Ontario, he developed a strong work ethic from an early age. After completing his education, Telfer began his career in the mining industry, where he quickly made a name for himself as a shrewd businessman.
Major Accomplishments
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Ian Telfer's most notable achievement is the creation of Aurico Gold, a company that was listed on the Toronto Stock Exchange in 2005. Under his leadership, Aurico became one of Canada's largest gold producers, with mines operating in Mexico and Peru.
Telfer has also been involved in various other business ventures throughout his career, including investments in real estate and other sectors. He has served as a director or chairman for numerous companies, including Goldcorp and Franco-Nevada Corporation.
Notable Works or Actions
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In 2013, Ian Telfer was named one of Canada's top entrepreneurs by the Globe and Mail. He has also received numerous other awards and accolades for his contributions to business and philanthropy.
Telfer is a strong advocate for entrepreneurship and innovation in Canada. He has spoken publicly about the importance of taking calculated risks and pursuing opportunities with passion and dedication.
Impact and Legacy
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Ian Telfer's impact on the Canadian business landscape cannot be overstated. Through his leadership at Aurico Gold, he helped to establish Canada as a major player in the global gold industry.
Telfer's commitment to philanthropy has also had a lasting impact on his community. He is a long-time supporter of various charitable organizations, including the United Way and the Canadian Cancer Society.
Why They Are Widely Quoted or Remembered
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Ian Telfer is widely quoted or remembered for his insights into entrepreneurship, leadership, and innovation. His experiences as a successful businessman have provided valuable lessons for entrepreneurs and business leaders around the world.
Telfer's commitment to philanthropy has also inspired others to give back to their communities. His legacy serves as a reminder of the importance of hard work, perseverance, and giving back to society.
As a respected figure in Canadian business, Ian Telfer continues to be sought after for his opinions and insights on entrepreneurship, leadership, and innovation.
Quotes by Ian Telfer
This is a spectacular deal for Silver Wheaton. It will be getting basically an additional four million ounces a year going forward for $150 million. It's very exciting for both sides.
The superb quarterly results are indicative of the company's ability to deliver on its strategy of providing shareholders with superior returns through increasing gold production, strong earnings and cash flows, and the lowest cash costs in the industry,
While the prices (of acquisitions) are going up, the competition is actually lessening.
The record breaking earnings and production results are indicative of the company's ability to deliver value through successful acquisitions.
We had low commodity prices for almost 20 years. I think we're going to have high commodity prices for almost 20 years.
We're always looking at opportunities, but we certainly hope it will be sooner rather than later.
I think this price rise is a little bit different and it's going to last for a while, ... I think gold will stay in a $500 to $800 range in the years to come.
We're looking to fill that gap as our production starts to go down six or seven years from now. And these mines, as everyone is learning, take longer and longer to drill out and to permit and build, so we're actively looking now.
We believe that the increased purchase price is justified as a result of recent increases in gold prices, the exploration success at Red Lake ... and additional synergies and tax efficiencies that we expect to arise from a friendly transaction.