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In this May 23, 2013 photo, mining trucks sit parked on the facilities at the Barrick Gold Corp's Pascua-Lama project facilities in northern Chile. Chile’s newly empowered environmental regulator confirmed nearly two-dozen violations of Barrick’s environmental impact agreement on Friday, May 24, 2013, blocking all other construction on the $8.5 billion project until the Canadian company keeps its promises to prevent water contamination.Jorge Saenz/The Associated Press

Canaccord Genuity is bringing back Tony Lesiak to run analyst coverage of Canadian mining companies.

The firm announced internally Wednesday morning that Mr. Lesiak will be joining in September as a managing director and head of Canadian mining research.

Mr. Lesiak spent two years with Genuity Capital Markets (now part of Canaccord) as a senior mining analyst. Of late, he's been covering companies such as Barrick Gold Corp. and Agnico Eagle Mines Co. at Macquarie Capital Markets. In his almost two decades in the research business, he has also worked at UBS Canada and Gordon Capital (which was acquired by HSBC PLC) covering metals companies. Analysts have been on the move as companies reset their research coverage priorities in what has been a down market for sales and trading.

(Boyd Erman is a Globe and Mail Capital Markets Reporter & Streetwise Columnist.)

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