Skip to main content
streetwise

A truck hauls a load at Teck Resources Coal Mountain operation near Sparwood, B.C. in a handout photo.The Canadian Press

Long-time mining analyst Fraser Phillips has left RBC Dominion Securities Inc. for a corporate-sector job.

Mr. Phillips began a new role on Monday at Vancouver-based Teck Resources Ltd. He'll serve as the base-metals miner's senior vice-president of investor relations and strategic analysis.

An analyst leaving capital markets for industry is not unusual, and is a theme that has tended to play out in waves over the past few years. In 2013, for example, roughly 15 Calgary-based analysts left research for corporate roles.

"His many years covering the mining industry and deep understanding of global mining strategy make him ideally suited to lead Teck's investor relations function," chief executive officer Don Lindsay said in a press release earlier this month.

Mr. Phillips had more than three decades of experience in research. Earlier in his career, he put in stints at Burns Fry Ltd. and Scotia Capital Inc. He was also head of global mining research for Deutsche Bank Securities for a number of years. He joined RBC in 2004.

Want to interact with other informed Canadians and Globe journalists? Join our exclusive Globe and Mail subscribers Facebook group

Report an error

Editorial code of conduct

Tickers mentioned in this story

Study and track financial data on any traded entity: click to open the full quote page. Data updated as of 18/03/24 4:20pm EDT.

SymbolName% changeLast
RY-T
Royal Bank of Canada
-0.22%134.34
RY-N
Royal Bank of Canada
-0.07%99.27
TECK-N
Teck Resources Ltd
-1.05%44.4

Follow related authors and topics

Authors and topics you follow will be added to your personal news feed in Following.

Interact with The Globe