Take physic, pomp

Memory Lane: The 2010 Canadian dealmakers of the year mining award

The 2010 Canadian Dealmaker of the Year awards ceremony took place on March 2nd 2011 (just before PDAC, now there’s a thing) and was co-sponsored by Deloitte, Lexpert, The Globe and Mail and Thomson Reuters. And the winner of the 2010 Mining Award was? Well, let’s quote from this G&M report

Kinross Gold Corporation for its acquisition of Red Back Mining Inc.

Any news on how that award-winning deal panned out for Tye Burt and his team? Anything?

Or put another way, the very same media channels and beancounters now queuing up to berate the mining industry for its excesses of the very near past were congratulating and encouraging them at the time, handing out worthless gongs and massaging their outsized egos. No one is innocent.

UPDATE: Reader ‘R’ kindly writes in to remind your author of this, from PDAC 2013:

Bill Dennis Award for a Canadian discovery or prospecting success  

This award, named for a former president of the association, honours individuals who have accomplished one or both of the following: made a significant mineral discovery; made an important contribution to the prospecting and/or exploration industry. The award may also be used to recognize an important mineral discovery in Canada.  

Pretium Resources is the recipient of this year’s Bill Dennis Award for advancing the Brucejack Property’s Valley of the Kings into a world-class, high-grade gold deposit.

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