Scotiabank

Scotiabank, established in 1832, is a global financial services leader headquartered in Toronto, Canada. It offers a wide array of products and services, including personal and business banking, wealth management, corporate and investment banking, and insurance. With over 86,000 employees, Scotiabank serves more than 21 million customers in over 55 countries, helping them thrive through practical advice and relevant solutions. Its commitment to understanding customers' needs and managing risk has driven its growth and success for nearly two centuries.

Phil Armstrong

Senior Vice President, Specialized Financial Services

Paul Baroni

CFO, Finance and Executive Vice President

Charles Comiskey

Managing Director

Angela Van Damme

Vice President

Daniel Kennedy

Vice President, Chile

Martine Lamoureux

Senior Vice President, Global Enterprise Technology

Adrian Rosiles

Executive Vice President and Executive

Maria Saros

Vice President and Global Head Social Impact

Scott Thomson

President

Albert wahbe

Chairman and CEO of e-Scotia

Dan Waldner

Director of Customer Data

Past deals in Metals and Mining

Sierra Gorda SCM

Debt Financing in 2024
Sierra Gorda SCM is a mining company based in Antofagasta, Chile, specializing in the extraction of low-grade copper and molybdenum concentrates. The company is committed to innovation in mining practices, constantly seeking alternatives and new methods to enhance production efficiency. By focusing on lower grades of copper sulfides, Sierra Gorda SCM positions itself as a pioneer in the low-grade mining sector, addressing the challenges associated with this type of resource extraction.

Horizon Copper

Post in 2024
Horizon Copper is a company focused on the copper sector, offering minority ownership interests in high-grade and low-cost copper projects. With a strategic approach to investment, Horizon Copper aims to capitalize on the growing demand for copper, which is essential in various industries, including renewable energy and electric vehicles. The company's portfolio is designed to provide investors with exposure to high-quality resources while managing risk through its minority stakes in multiple projects. By prioritizing projects with favorable economics and potential for growth, Horizon Copper positions itself as a significant player in the copper investment landscape.

Lundin Mining Corporation

Post in 2024
Lundin Mining Corporation is a diversified base metals mining company with operations in Portugal, Sweden, and Spain. The company produces copper, zinc, lead, and nickel and also holds a 24% equity stake in the Tenke Fungurume copper/cobalt mine in the Democratic Republic of Congo and the Kokkola cobalt refinery in Finland. Lundin Mining Corporation focuses on mining and refining base metals to meet global demand for these essential materials.

Eldorado Gold

Post in 2024
Eldorado Gold is a Canadian gold and base metals producer with over 20 years of experience in mining, development, and exploration. The company operates in Turkey, Canada, Greece, and Romania, focusing on high-quality assets and responsible mining practices. Eldorado Gold is committed to maintaining high safety and environmental standards while fostering long-term partnerships with local communities. Key projects include Kisladag, Efemcukuru, Skouries, Perama Hill, and Certej, which highlight the company's strategic approach to resource development and community engagement.

Ecora Resources

Post in 2024
Ecora Resources PLC is a company that specializes in acquiring royalties from a diverse portfolio of mining assets, primarily focusing on base metals and bulk materials. Its portfolio includes key commodities such as copper, nickel, iron ore, gold, cobalt, vanadium, metallurgical coal, and uranium. Notable assets include Voisey's Bay, Mantos Blancos, and Maracas Menchen, among others. The company operates in low-risk jurisdictions and aims to enhance its income growth by investing in cash-generating royalties and exploring opportunities in earlier stage royalties. Ecora Resources is committed to returning a substantial portion of its royalty revenues to shareholders as dividends.

Champion Iron

Post in 2023
Champion Iron is a Canadian company focused on the exploration and development of iron ore properties. Based in Quebec's Labrador Trough, one of Canada’s premier iron ore mining districts, Champion Iron holds extensive land with highly prospective iron ore claims. The company operates several projects, including Fire Lake North, Powderhorn/Gullbridge, Moire, Quinto Claims, Harvey Tuttle, and O'keefe-Purdy. Its primary revenue comes from the production of iron ore concentrate.

Orla Mining

Post in 2023
Orla Mining Ltd. is a mineral exploration and development company based in Vancouver, Canada, focused on acquiring, exploring, and developing mineral properties. The company primarily targets gold, silver, zinc, lead, and copper deposits. Orla owns 100% of the Camino Rojo project, which spans approximately 160,000 hectares in Zacatecas, Mexico, and the Cerro Quema gold project located in Panama. Additionally, Orla holds an option to acquire the Monitor Gold project in Nye County, Nevada. The Camino Rojo project is notable for its advanced open-pit and heap leach operations, with significant estimated mineral reserves. Since its incorporation in 2007, Orla has established itself as a key player in the mineral exploration sector, with operations across Mexico, Panama, and the United States.

Fortuna Silver Mines

Post in 2022
Fortuna Silver Mines Inc. is a Canadian precious metals mining company focused on silver production, with operating mines located in Peru and Mexico. Established in 2005, Fortuna has pursued a growth strategy centered on acquiring silver-rich exploration projects and producing mines in Latin America. As of December 31, 2014, the company reported mineral reserves containing approximately 41 million ounces of silver and 252,000 ounces of gold. In 2014, Fortuna achieved silver production of 6.6 million ounces and gold production of 35,316 ounces, with an all-in sustaining cash cost of $14.48 per ounce of silver. The company anticipates similar production levels for 2015, while also focusing on increasing reserves and production through its expertise in the region. Fortuna is committed to operating profitability and maintaining strong community and environmental practices. The company is financially stable, with no long-term debt, and employs over 1,600 people across Canada, Peru, and Mexico, with its headquarters in Vancouver.

Mandalay Resources

Post in 2022
Mandalay Resources creates exceptional shareholder value through the acquisition of undervalued assets that can: become rapidly cash generative, self fund exploration, establish and maintain high operating margins, and return cash to shareholders. Mandalay is committed to operating safely and in an environmentally responsible manner, while developing a high level of community and employee engagement.

Nighthawk Gold

Post in 2021
Nighthawk Gold Corp. is a Canadian gold exploration company that identifies, acquires, and evaluates gold properties, primarily in the Northwest Territories. The company holds a 100% interest in the Indin Lake Gold property, which encompasses the Colomac Gold Project. This project is situated within a highly prospective and underexplored Archean gold camp, specifically in the Indin Lake greenstone belt. Nighthawk Gold, formerly known as Merc International Minerals Inc. until its name change in April 2012, was incorporated in 2004 and is headquartered in Toronto, Canada. The company is focused on advancing its primary project while developing other regional deposits within its extensive land position of 222,203 acres north of Yellowknife.

Lundin Gold

Post in 2018
Lundin Gold Inc. is a mining company based in Canada, primarily focused on advancing its Fruta del Norte gold project in Southeast Ecuador. The company holds interests in 36 mining concessions, covering approximately 86,000 hectares, with the Fruta del Norte project comprising two concessions that span around 5,000 hectares. Located about 80 kilometers east of Loja, Ecuador's fourth largest city, the project is situated within a significant copper-gold metallogenic sub-province in the Cordillera del Condor region. Incorporated in 1986 and headquartered in Vancouver, Lundin Gold was previously known as Fortress Minerals Corp. before its name change in December 2014. The company continues to develop its portfolio of mineral concessions while focusing on the potential of the Fruta del Norte gold deposit.

Guyana Goldfields

Post in 2016
Guyana Goldfields Inc. is a Canadian-based company engaged in the exploration and production of gold, primarily within the Guiana Shield of South America. Established in 1994 and headquartered in Toronto, the company has been actively operating in Guyana since 1996. It focuses on the acquisition, exploration, development, and operation of gold mineral properties, with its primary asset being the Aurora Gold Mine. The company also holds advanced exploration projects, including the Aranka Properties, and is dedicated to conducting ongoing exploration and development work in these areas. In 2020, Guyana Goldfields became a subsidiary of Zijin Mining Group Company Limited, reflecting its strategic positioning within the gold mining sector.

Primero Mining

Post in 2016
Primero Mining Corp. is a Canadian-based precious metals producer engaged in the acquisition, exploration, development, and operation of mineral resource properties primarily in Mexico. The company holds a 100% interest in the San Dimas gold-silver mine project and the Cerro del Gallo gold-silver-copper development project, alongside the Black Fox mine in Ontario, Canada. Primero Mining focuses on gold and silver exploration, emphasizing low-cost production and a substantial resource base in politically stable regions. Founded in 2007 and based in Toronto, it was originally known as Mala Noche Resources Corp. and rebranded in 2010. As of May 2018, Primero operates as a subsidiary of First Majestic Silver Corp.

Wheaton Precious Metals

Post in 2015
Wheaton Precious Metals Corp is a leading precious metal streaming company that specializes in purchasing silver, gold, and cobalt through long-term agreements with various mining companies. The company has secured streaming agreements for approximately 19 operating mines and 9 development-stage projects, including notable assets such as Vale's Salobo mine and Glencore's Antamina mine. Wheaton provides investors with significant advantages by offering fixed purchase costs and capital cost certainty, which minimizes the risks typically associated with traditional mining operations. This model allows shareholders to benefit from margin growth when precious metal prices rise, while also providing exposure to exploration successes. With an experienced management team and a portfolio of high-quality assets, Wheaton Precious Metals is well-positioned for sustained growth in the precious metals market.

Hudbay

Post in 2015
Hudbay is a Canadian integrated mining company engaged in the production of copper concentrate, molybdenum concentrate, and zinc metal. The company operates three polymetallic mines, four ore concentrators, and a zinc production facility in northern Manitoba and Saskatchewan, Canada, as well as in Cusco, Peru. Additionally, Hudbay has copper projects in Arizona and Nevada, United States. The company's primary focus is on the discovery, production, and marketing of base and precious metals, with a significant portion of its revenue derived from copper operations. Hudbay markets its copper concentrates to smelters in Asia, America, and Europe, while zinc metal represents its second largest revenue source. The company is committed to responsible mining practices and aims to create sustainable value through the development and operation of high-quality mineral deposits, benefiting the regions and communities where it operates.
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