Tag Archives: gold

Rob McEwen: A sense of purpose

In The Director’s Chair with David W. Anderson: For Rob McEwen, it’s not only about knowing where you want to go, but figuring out the best way to get there
February 27th, 2015

Rob McEwen has been a dominant presence in gold mining since he founded and, as chair and CEO, built Goldcorp—now among the world’s largest gold companies—into an industry leader. Today he’s chair, CEO and 25%-owner of McEwen Mining, a TSX- … Continue reading

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The elephant in the room

Mining veteran Rudi Fronk, CEO of Seabridge Gold, has hit the mother lode—the largest undeveloped gold-copper project in the world. Now comes the hard part: finding a major partner to buy him out
By Kerry Banks
October 30th, 2014

Rudi Fronk is back on the road. The smooth-talking 56-year-old CEO and chairman of Toronto-based Seabridge Gold Inc. (TSX:SEA) is in the midst of a month-long travel itinerary that will take him to various mining conferences and industry showcases in … Continue reading

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Barrick turns the page

Peter Munk, iconic founder and long-time chairman of Barrick Gold, will step down this spring. His departure, after prolonged shareholder upheaval, plunging gold prices and massive write-downs, heralds a sweeping governance overhaul. It might fix the board—but what of the bottom line?
By Robert Thompson
February 26th, 2014

Maybe his Indianapolis office kept him oblivious to the profile of Barrick Gold Corp. (TSX:ABX) and its flamboyant 86-year old founder and chairman, Peter Munk, but hedge fund manager Mike Morris wasn’t looking to gain publicity for his boutique investment … Continue reading

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Whither the commodity super-cycle?

For years, surging demand and higher prices for all kinds of commodities have been a boon for resource companies and the economy. Now they’ve mostly flattened out. Is the party over? Or simply on hold?
By Ian McGugan
February 25th, 2013

Iron ore, usually a sedate citizen of the commodity world, has acted like a giddy teenager in recent months. From a low of US$86 a tonne in September, the metal soared above US$158 by January as a wave of Asian … Continue reading

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Deal of the year: Cash flow is colour-blind

After Barrick’s US$7.7-billion purchase of Equinox Minerals, 20% of the world’s largest gold miner’s revenue comes from copper. The CEO and chairman say that’s right where they should be
By Robert Thompson
December 28th, 2011

PETER MUNK’S YEARLY address to Barrick Gold Corp. shareholders at the company’s annual meeting always has the tone and atmosphere of a preacher speaking to his congregation. He leans on the podium, speaking slowly in unscripted passages, his glasses dipping … Continue reading

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Running hot

Despite gold’s soaring price tag, mining the stuff these days is not without challenges. Costs keep rising, as do shareholders’ expectations
September 15th, 2011

Insider Steve Letwin Who President and CEO, Iamgold Corp. Involvement Gold mining is an exclusive club. Some 10 to 15 companies dominate the world market and about a half-dozen are Canadian. That means every CEO in the business holds a … Continue reading

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How to land a monster

Kinross Gold's $7.1-billion purchase of Red Back Mining and its massive African gold deposit has the power to transform the company—and be the defining deal of CEO Tye Burt's career
By Robert Thompson
December 25th, 2010

Sometimes the deal of the year actually is a long time coming. Such was the case with Kinross Gold Corp.’s $7.1-billion mid-summer bet on Red Back Mining Inc., which, through the end of November, was the largest Canadian-led merger or … Continue reading

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