1. Paulson & Co.

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    1. Mentioned In 6 Articles

    2. Barrick’s Deal-Making Chairman Awarded $12.9 Million in 2018

      Barrick’s Deal-Making Chairman Awarded $12.9 Million in 2018
      (Bloomberg) -- Barrick Gold Corp. boosted Executive Chairman John Thorntons total compensation last year 67 percent to $12.9 million, rewarding the former investment banker for the companys performance and his role in the merger with Randgold Resources Ltd. Thornton received a $9.74 million bonus on top of his $2.5 million salary, according to a regulatory filing Friday. He used most of the after-tax proceeds of the bonus to ...
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    3. Activist Investor Pushing for New Board of Directors at Hudbay Minerals

      Activist Investor Pushing for New Board of Directors at Hudbay Minerals
      TORONTO - An activist investor in Hudbay Minerals Inc. ( HBM.TO ) says it will push for a new slate of directors at the company's next annual meeting after accusing the board of mismanagement. Waterton Global Resource Management Inc. said it is advocating for change at the mining company to address massive value destruction and chronic underperformance. The investment fund, holding about 10 per cent of Hudbay shares, said it pushed ...
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    4. Detour Gold: CEO Steps Down After Shareholders Side With Paulson in Proxy Vote

      Detour Gold: CEO Steps Down After Shareholders Side With Paulson in Proxy Vote
      TORONTO Detour Gold Corp. says interim CEO Michael Kenyon has resigned following a vote that saw shareholders side with activist investor Paulson Co. Inc. in a extended proxy battle. The vote saw five Paulson-nominated directors approved, including two who had also been endorsed by Detour, as well as four others from the slate put forth by Detour...
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    5. Adviser Backs Paulson’s Proposals in Detour Proxy Fight

      Adviser Backs Paulson’s Proposals in Detour Proxy Fight
      Proxy adviser Glass Lewis on Wednesday backed Paulson Co.s call to overhaul Detour Gold Corp.s board, days after another adviser stopped short of recommending more aggressive changes demanded by the activist investor. Detours existing management has been resisting Paulsons push for a board shakeup and the immediate dismissal of interim chief executive officer Michael Kenyon and chairman Alex Morrison. Paulson has about 6 per cent stake in Detour...
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