The number of proxy contests in Canada reached a four-year high in 2018, jumping to 13, including ten board-related contests, seven of which were in the mining or oil and gas sectors, according to international law firm Fasken. The seven mining-related board contests include Detour Gold Corporation, in which the dissidents secured a partial win. Hedgefund billionaire John Paulson’s Paulson & Co began a proxy battle with Detour in June last year, urging the Canadian miner to put itself up for sale and nominating a slate of directors to replace the board. In December, Paulson convinced Detour shareholders to ... (full story)