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Anthony B. Bannister

RBC Dominion Securities Inc. has to fill some holes in its mining coverage, as the firm's analyst on Canadian fertilizer and uranium names has departed for a senior corporate role.

Adam Schatzker, who had covered companies such as Potash Corp. of Saskatchewan, Agrium Inc. and Cameco Corp., is now the executive vice president of strategy and business development for Uranium One Inc.

Mr. Schatzker is trading in the analyst's chair at RBC, where he spent seven years, for a chance to work on building one of the more powerful nuclear companies in the world. Toronto-based Uranium One is on its own one of the world's public biggest uranium producers, and is being taken over by the Russian government's state-owned nuclear company Rosatom. The sprawling Rosatom group is the second-largest holder of uranium reserves, the fifth largest in mining, the fourth biggest in nuclear power production, and a big player in nuclear enrichment and fuel, according to the group's web site.

It's the second tour of duty on the corporate side of the street for Mr. Schatzker. Prior to RBC he was manager of corporate development at Breakwater Resources.

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

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