The Globe and Mail reports in its Friday, Aug. 12, edition that Canaccord Genuity Group ($4.21) has brought on former Goldcorp senior executive Timo Jauristo as a senior adviser in a bid to bolster its mining practice.
The Globe's Niall McGee writes that Mr. Jauristo, Goldcorp's former head of corporate development, worked at the large-cap miner for five years until 2014. Earlier in his career, Mr. Jauristo worked at Placer Dome, another large miner, for 15 years. Placer Dome was acquired by Barrick Gold in 2006.
A memo to staff on Wednesday announced Mr. Jauristo's appointment, underscoring the company's goal of strengthening its global mining practice. Ted Hirst, global head of natural resources with Canaccord Genuity, noted Mr. Jauristo "brings a wealth of knowledge, expertise and deep rooted client relationship contacts."
Canaccord Genuity also announced it had rehired veteran mining banker Markus Felderer. Earlier in his career, he worked at Genuity Capital Markets, which was acquired by Canaccord in 2010. Most recently, Mr. Felderer worked as director, metals and mining, with HSBC Canada.
Mr. Felderer and Mr. Jauristo will both work out of the company's Vancouver office.
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