News Releases
BMO Capital Markets, the investment and corporate banking arm of BMO Financial Group (TSX, NYSE: BMO), has significantly expanded its research coverage of global metals and mining companies with the hiring of four equity analysts to be based in Toronto, Canada and London, England.
The appointments, which signify BMO Capital Markets' continued and longstanding commitment to the metals and mining industry, creates one of the world's largest mining research teams, with a total of 23 research professionals.
Senior analysts Tony Robson and David Haughton, formerly of Global Mining Research in Australia, have moved to Toronto to join BMO Capital Markets' industry leading mining research team. Mr. Robson brings outstanding experience in covering global senior metals stocks and Mr. Haughton's expertise has centered on covering the global gold sector.
In addition, BMO Capital Markets is adding two mining analysts in London, England, who will be joining the firm in September to cover diamonds and mining exploration companies.
All four of the new analysts will share their coverage responsibilities with BMO's highly regarded current team of mining analysts: Andrea Cheung, Heather Douglas, John Hayes, Craig Miller, Jay Turner and Nawojka Wachowiak.
“This is a major acquisition of intellectual talent,” said Yvan Bourdeau, Chief Executive Officer, BMO Capital Markets. “Our ability to attract individuals of this calibre is a strong testament to the reputation of BMO Capital Markets as a leader in global mining research. We are committed to building our capabilities beyond what we already offer. It is our goal to continue to solidify our position in the resources sector and to widen the gap between BMO Capital Markets and our worldwide competitors.”
“With the addition of the new team members, BMO Capital Markets will now be working toward establishing active research coverage of more than 150 mining companies domiciled on six continents. This will allow us to continue to provide our clients access to high quality research coverage in this growing and dynamic sector,” said Mike Miller, Co-Head of Equity Products and Director of Investment Research, BMO Capital Markets.
Mr. Robson and Mr. Haughton are founding partners of Global Mining Research, a well respected independent provider of international mining research. Headquartered in Sydney, Australia, the firm was launched in 2003 and became a successful and internationally recognized business providing unique and world-class mining research for institutional investors. Global Mining Research analyzed more than 75 major Australian, North American, South African, UK, European, Asian and Russian listed precious metal and mining companies with a combined total market capitalization of US$800-billion.
With 20 years of industry experience, Mr. Robson is a highly regarded analyst whose work includes research on an array of international large cap diversified nickel and aluminum companies. He was named the No. 2 analyst in the Reuters Asia-Pacific 2002 survey by mining companies for base metals and diversified resources. Prior to establishing Global Mining Research, Mr. Robson was a senior mining analyst with BNP Paribas and Prudential Securities. He has a Master of Mineral Economics from Macquarie University in Australia and a Master of Science in Geology from the University of Sydney.
Mr. Haughton has more than 10 years of experience researching global mining companies as a senior equity analyst and a further seven years of experience as a financial analyst in the resources sector. Mr. Haughton was previously rated as one of the top three sector analysts by investors and companies in various Australian surveys. Prior to Global Mining Research, Mr. Haughton was a global mining analyst with BNP Paribas and Prudential Securities. He has a Master of Business Administration from the University of Queensland in Australia and a Master of Applied Science in Geology from the Queensland University of Technology.
About BMO Capital Markets' Metals & Mining Group
BMO Capital Markets has been focused on the Metals & Mining industry for almost 100 years. As a member of BMO Financial Group, (TSX, NYSE: BMO), the firm is able to leverage the financial strength and capabilities of one of North America's leading financial services organizations. With 10 dedicated Metals & Mining equity research analysts, BMO Capital Markets will provide clients with access to outstanding analysis in base metals, precious metals, coal and uranium, among other sub-sectors. BMO Capital Markets has offices in 26 locations globally including London, Melbourne, Beijing, Munich, Lugano, Zurich, Toronto, New York and Chicago. For more information, visit: www.bmocm.com.
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