This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Brigus Appoints Daniel Racine As COO

Stocks in this article: BRD

Brigus Gold Corp. (“Brigus” or the “Company”) (NYSE MKT: BRD)(TSX: BRD) is pleased to announce that Daniel Racine will join the company as Chief Operating Officer (COO) effective August 21st. Mr. Racine is a mining executive with over 25 years of industry experience.

Prior to his appointment at Brigus, Mr. Racine was Senior Vice-President Mining of Agnico-Eagle Mines Limited (“Agnico” or the “Company”) where he oversaw Agnico’s global mining operations. Mr. Racine joined Agnico as a junior Mining Engineer in 1988 and took on progressively more responsibility during his career with them. His roles included LaRonde Mine Manager; Vice-President, Operations Manager; and Senior Vice-President Operations. During his 24 years with Agnico, the Company grew from a market capitalization of $300 million with two small operating mines to a global mining leader with a market capitalization of $6.4 billion with five large mines in three countries.

“We are very pleased that Daniel has joined Brigus,” said Wade Dawe, President and CEO of Brigus. “His operational and managerial expertise in underground mining and capital development will be a major asset to Brigus as we continue to grow the company.”

Mr. Racine will be based in the Company’s Toronto technical office but will spend a significant amount of time at the Black Fox Mine located in Matheson, Ontario and at the Company’s head office in Halifax, Nova Scotia.

“I am looking forward to this new opportunity with a growing Canadian gold producer,” said Daniel Racine. “It is an exciting time for Brigus as the Black Fox Mine continues to ramp up, development of the Grey Fox Mine begins, and other growth opportunities emerge.”

Mr. Racine holds a BSC Mine Engineering degree from Laval University and he is a member of the Ordre des Ingenieurs du Quebec (OIQ) and Professional Engineers of Ontario (PEO).

About Brigus Gold

Brigus is a growing gold producer committed to maximizing shareholder value through a strategy of efficient production, targeted exploration and select acquisitions. The Company operates the wholly owned Black Fox Mine and Mill in the Timmins Gold District of Ontario, Canada. The Black Fox Complex encompasses the Black Fox Mine and adjoining properties in the Township of Black River-Matheson, Ontario, Canada. Brigus is also advancing the Goldfields Project located near Uranium City, Saskatchewan, Canada, which hosts the Box and Athona gold deposits. In Mexico, Brigus has granted Cangold Limited the option to acquire a 75% interest in the Company’s Ixhuatan Project located in the state of Chiapas. In the Dominican Republic, Brigus has signed an agreement to sell its remaining interests in three mineral exploration projects.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,416.85 +225.48 1.31%
S&P 500 2,021.25 +19.09 0.95%
NASDAQ 4,683.4070 +45.4130 0.98%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs