Metals and Mining

Dalton Baretto

Arizona Mining Inc. 
Capstone Mining Corp. 
Coeur Mining, Inc.  
Endeavour Silver Corp.
Ero Copper Corp.
First Quantum Minerals Ltd. 
Fortuna Silver Mines Inc.
Hecla Mining Company
HudBay Minerals Inc. 
Imperial Metals Corp. 
Lundin Mining 
Nevsun Resources Ltd. 
Pan American Silver Corp.
Teck Resources Ltd. 
Turquoise Hill Resources Ltd.  

Tim Huff

Tim joined Canaccord Genuity in April 2016. He was previously at RBC Capital Markets where he was a Mining Equity Analyst, Director since October 2010. Prior to this, he has also worked at ABN Amro, Citigroup and Credit Suisse First Boston.

Acacia Mining plc 
Anglo American 
Anglo Pacific Group
Atalaya Mining 
Bacanora Minerals
BHP Billiton plc 
Centamin plc 
Central Asia Metals
KAZ Minerals
Kenmare Resources plc
Petra Diamonds 
Randgold Resources 
Rio Tinto plc 

Tony Lesiak

Heading of Canadian Mining Research, Canaccord Genuity Corp. (Canada)

Tony is Managing Director, Head of Canadian mining research and is responsible for coverage of the Canadian large capitalization precious metal equities. He has been researching the metals and mining sector since the late, with experience in both base and precious metals. Prior to rejoining Canaccord Genuity in September 2013, he was Managing Director and Senior Mining Analyst at Macquarie Capital Markets. Tony was a Principal and Senior Mining Analyst at Genuity Capital Markets from 2007 to 2010 and previously held senior positions in mining equity research at UBS (Toronto) and HSBC (New York and Toronto). Tony earned a BSc in Geology and an MBA (Rotman) from the University of Toronto and holds an International MBA specializing in Economics from Johannes Kepler University in Austria. Email:; Phone: 1.416.869.7918 

Agnico Eagle Mines Inc.
Barrick Gold Corporation
Brio Gold Inc.
Eldorado Gold Corporation
Franco Nevada Corp. 
Goldcorp Inc.
IAMGOLD Corporation
Ivanhoe Mines 
Kinross Gold Corporation
Osisko Gold Royalties 
Osisko Mining Inc. 

Royal Gold Inc. 
Sandstorm Gold 
Seabridge Gold
Tahoe Resources Inc.
Wheaton Precious Metals Corp. 
Yamana Gold Inc. 

Tim McCormack

Analyst, Canaccord Genuity (Australia) Ltd.

Phone: +61 4 0719 5774 Email:

Tim McCormack joined Canaccord Genuity in February 2015 as a Mining Analyst. Tim has previously held similar roles at Patersons Securities and Euroz Limited. Prior to this Tim spent 3-years in the mining industry as a geologist. As Canaccord's first Perth-based employee, Tim is delivering on the ground perspectives across a broard range of mining equities and commodities. Tim holds a Bachelor of Commerce and a Bachelor of Science (Geology).

Altura Mining Limited
Beadell Resources Limited
Blackham Resources Limited
Dacian Gold Limited
Evolution Mining Limited
Finders Resources Limited
Highfield Resources Limited
Independence Group NL
Metals X Limited
Northern Star Resources Limited
Orocobre Limited
Paringa Resources Limited
Regis Resources Limited
Vimy Resources Limited

Rahul Paul

Director, Canaccord Genuity Corp. (Canada)

Rahul Paul joined the Precious Metals research team at Canaccord in April 2009. Prior to that, he worked as a research associate at Thomas Weisel Partners Canada covering stocks in the base metals and diamonds sectors. Rahul holds an undergraduate engineering degree from the University of Kerala in India and an MBA from the University of Western Ontario. Email:; Phone: 1.416.869.7289

Alamos Gold Inc.
Argonaut Gold Inc.
Asanko Gold Inc.
B2Gold Corp.
Centerra Gold Inc. 
Detour Gold Corporation
Endeavour Mining Corporation
Klondex Mines Ltd. 
Leagold Mining Corporation 
Nevsun Resources Ltd.
New Gold Inc.
Primero Mining Corporation
Roxgold Inc.
Rye Patch Gold Corp. 
Silver Standard Resources Inc. 

Torex Gold Resources 

Reg Spencer

Analyst, Canaccord Genuity (Australia) Ltd.

Reg joined Canaccord in 2009 as a Mining Analyst, and has 9 years experience in the resources and finance sectors. This includes previous roles with several Australian and UK based corporate finance houses/stockbrokers, as well as a number of corporate development and managerial positions with several listed and unlisted mining and exploration companies. His current resources sector research coverage focuses primarily on precious metals companies, including mid-cap production companies through to earlier stage exploration companies. Reg has a B.Bus degree and holds post graduate qualifications in Applied Finance. Email: ; Phone: +61 2 9263 2701

Dacian Gold Limited
Evolution Mining Limited
Finders Resources Limited
Galaxy Resources Ltd.
General Mining Corporation Limited
Independence Group NL
Oceangold Corporation
OreCorp Limited 
Orocobre Limited
Perseus Mining Limited
St Barbara Limited

Eric Zaunscherb

Analyst, Canaccord Genuity Corp. (Canada)

Eric Zaunscherb joined Canaccord Genuity in June 2014. He has over 25 years -- and three cycles -- of experience as a mining analyst, including seven years with his own independent research firm. He has also worked for a number of well-known investment dealers, most recently with Morgan Stanley in London. As a geologist, Mr. Zaunscherb designed and implemented mineral exploration programs in diverse North American environments. He graduated from McMaster University in Hamilton, Ontario, in 1984, earning a Bachelor of Science degree in Geology. In 1990, Mr. Zaunscherb gained the Chartered Financial Analyst designation. He is a member of the CFA Institute and various mining industry organizations. 

Phone: 1.416.869.7299 Email:

Alexco Resource Corp.
Atacama Pacific Gold Corporation
Atlantic Gold Corportation
Bear Creek Mining Corp.
Belo Sun Mining Corp.
Canadian Zinc Corporation
Cobalt 27 Capital Corp.
Critical Elements  
Dalradian Resources Inc.
eCobalt Solutions Inc. 

Kennady Diamonds Inc.
Lithium Americas
Lithium X Energy  
Nemaska Lithium  
Neo Lithium Corp.
Marathon Gold Corporation 
Orezone Gold Corp. 
Premier Gold Mines 

Pretium Resources Inc. 
Sabina Gold & Silver Corp.

Patrick Chang

Avanco Resources Limited
Doray Minerals Limited 
Emerald Resources NL 
Medusa Mining Limited 
Resolute Mining Limited
Saracen Mineral Holdings
Troy Resources Limited 

Kevin MacKenzie

Auryn Resources Inc. 
Barkerville Gold Mines Ltd.
Falco Resources Ltd. 
MAG Silver Corp.
Osisko Mining Inc.
Pure Gold Mining Inc. 

Larry Hill

Clean Teq Holdings Limited 
Pilbara Minerals Limited  

Des Kilalea


Des joined us in 2017 from the Royal Bank of Canada, where he spent 10 years as a Managing Director in Metals and Mining equity research. Before this, he was at JP Morgan, HSBC and Nedbank in South Africa, where he was responsible for mining research and mining sales. He brings over 25 years’ experience in mining research to his role, with particular focus on Diamonds, Mineral Sands and Diversified Miners. Des has a BSc Econ (Univ of Rhod) and an MBA (Univ of Cape Town). Email: Phone: +44 20 7523 8358

Firestone Diamonds
Gem Diamonds Ltd
Kenmare Resources plc
Petra Diamonds