Aaron Regent, who was fired last week as chief executive officer of Barrick Gold Corp. after failing to boost the stock price, generated more profit for every dollar of pay last year than any of his peers in Canada and the U.S.
Detour Gold Corp., a miner backed by billionaire hedge-fund manager John Paulson, is avoiding acquisitions that have hurt competitors to focus on its C$1.5 billion ($1.46 billion) project in northern Ontario.
Kinross Gold Corp. , Canada’s third- largest producer of the precious metal, is nearing completion of a deal to buy the shares it doesn’t own in Russia’s Kupol mine, according to a government official.
Trading in Southridge Enterprises Inc. was halted by the U.S. Securities Exchange Commission two days after the mining company said it was forming a partnership with Canada’s Kinross Gold Corp. in Mexico.
Solyndra LLC, the failed solar-panel maker that received a $535 million U.S. Energy Department loan guarantee before going bankrupt, won approval of its plan to exit court protection over government objections.