Who’s who – the top 25

Resources dominate this year’s list with tech close behind

Capstone Mining Corp.

This metal and mineral producer has leveraged increased copper prices linked to growth in emerging markets to maximize output at its mines in Mexico and the Yukon. With the acquisition of Far West Mining Ltd. and a strategic partnership with Korea Resources Corp., Capstone is poised for further expansion as it develops its Santo Domingo project in Chile and its Kutcho project in B.C. (See profile of Darren Pylot, Capstone’s CEO, page 47.)

China Gold International Resources Corp.

Designated as the overseas flagship vehicle of state-owned China National Gold, the only gold producer in China, China Gold began producing gold at its Chang Shan Hao Gold Mine in July 2007. It owns the Jiama project, one of the largest copper poly-metallic mines in China, which the company recently announced will undergo major mine expansion on the discovery of increased resource output potential.


Avigilon designs, manufactures, and markets HD surveillance systems with customers in more than 60 countries around the world. Its systems equip campuses, transportation systems, health-care providers, public venues, infrastructure and manufacturing sites with security, safety validation and compliance requirements.

Rusoro Mining Ltd.

Vancouver-based Rusoro operates two gold mines in Venezuela, the open-pit Choco 10 mine and the underground Isidora mine, which is a joint venture between the company and the Venezuelan government. The company’s corporate strategy is to become a mid-tier, low-cost gold producer; it recently assured investors that moves to nationalize Venezuelan gold mining will have no effect on its operations and bottom line.

Roca Mines Inc.

Roca has leveraged its primary asset, the MAX molybdenum mine: the first new, primary molybdenum mine in Canada and British Columbia’s first new metal mine in over a decade to attain sizable growth. Although the mine, in production since 2008, was shut down for much of the last year, it has now reopened and holds promise of further expansion that will bolster the company’s revenue.

New Gold Inc.

Intermediate gold producer New Gold has operating assets in the United States, Mexico and Australia and development projects in Canada and Chile. The company’s ability to deliver increased gold sales at lower costs along with the continued strength in commodity prices resulted in robust financial results, and its expectations for the newly acquired Blackwater project in Canada have furthered the company’s optimism for the future.

Yukon-Nevada Gold Corp.

This gold producer’s growth strategy is focused on increased production at its diverse portfolio of gold, silver, zinc and copper properties in the Yukon, B.C. and Nevada. The formation of a joint venture with a Chinese investment firm to carry out early-stage exploration on new acquisitions in the Yukon only furthers Yukon-Nevada’s aggressive growth strategy.

Aurcana Corp.

With development complete on the company’s La Negra mine in Mexico and Shafter mine in Texas, Vancouver-headquartered junior silver miner Aurcana has projected the potential to quadruple currently established silver production to over six million ounces per year at both projects. The near-doubling of silver prices in the last year resulted in the company posting record results in the first half of 2011.

Aurizon Mines Ltd.

Aurizon Mines is a gold producer with a growth strategy focused on developing its existing projects in the Abitibi region of northwestern Quebec, one of the world’s most favourable mining jurisdictions and prolific gold and base metal regions. With stronger cash flow and profits in the second quarter of 2011, the company is dedicated to ramp up exploration efforts at eight additional properties.

Day4Energy Inc.

Founded in 2001 and headquartered in Vancouver, Day4 is a growing, global brand that delivers photovoltaic technologies, products, services and manufacturing solutions for the production of solar modules in residential, commercial and utility-scale applications. Given the solar industry’s continued volatility with subsidy changes and fluctuations in demand and supply, the company’s focus of providing tools and knowledge through licensing agreements to cell and module manufacturers puts Day4 in a good position to manage challenges while expanding the brand’s reach.

Clevest Solutions Inc.

As utilities worldwide embark on the transformation to a smart-grid infrastructure, Clevest is helping them manage unique challenges of implementing advanced technologies with smart-grid deployment solutions, for example, BC Hydro with its rollout of smart meters throughout B.C. Customers are also looking to the firm for post-deployment operations systems support solutions.

QuickMobile Inc.

Vancouver’s QuickMobile, a designer, developer and producer of mobile applications for the meeting and events industry, recently announced a $2.3 million round of funding. The company counts Accenture, Disney, Google and Microsoft among its global customers and projects a 500% growth in bookings in 2011.

Spa Boutique Ltd.

Spa Boutique supplies skin care and cosmetics in an educational and fun shopping atmosphere online for women throughout North America. The Vancouver-based company’s mantra is to pay extra-special attention to its customers by being on the leading edge of communicating via a monthly e-newsletter, tips, online chat and a toll-free number.

First Majestic Silver Corp.

First Majestic is committed to building a senior silver-producing company based on an aggressive development and acquisition plan focused mainly in Mexico. The company presently owns and operates three producing silver mines in Mexico – La Parrilla, San Martin and La Encantada – projecting production at more than 7.5 million ounces of silver in 2011.

Minefinders Corp. Ltd.

Headquartered in Vancouver, this company’s objective is to build a profitable miner dedicated to environmentally and socially responsible gold and silver production. Minefinders owns and operates the multimillion ounce Dolores gold and silver mine located in Northern Mexico and expects opportunities for its continued growth to be driven by a pipeline of advanced and grassroots exploration properties along with potential acquisitions.

Fortuna Silver Mines Inc.

Fortuna is a growth-oriented silver and base metal producer focused on mining opportunities in Latin America and, since opening its Caylloma mine in Peru, it has become one of Latin America’s fastest-growing silver producers. The company’s second asset, the San Jose project, was projected to triple the firm’s silver equivalent production when it opened in the third quarter of 2011.

DotNetNuke Corp.

This company is a web content management leader and the steward of the DotNetNuke open-source project, the most widely deployed web content management platform for building websites and web applications on Microsoft.NET. The company’s mission is to create entrepreneurial opportunities by providing an open-source web content management platform that cultivates a passionate developer community as well as a prosperous commercial ecosystem.

Atna Resources Ltd.

Using its solid existing asset base to create a multi-mine gold-production scenario Atna has a firm base from which to grow. Gold production began at its Briggs mine in California in May 2009, and the company lists a contiguous gold project pipeline at its Reward and Pinson projects in Nevada and Columbia project in Montana.

Global Relay Communications Inc.

Founded in 1999, Global Relay is the expert in compliance messaging solutions, including compliance archiving, messaging, mobile and collaboration. The company delivers its services to more than 14,000 customers worldwide, including small to large broker-dealers, hedge funds, investment advisers and public companies, as well as 22 of the world’s top 25 banks and two public exchanges.

Eastern Platinum Ltd.

Eastern Platinum is a leading platinum producer engaged in the development and mining of platinum group metal deposits in South Africa. With assets on both the western and eastern limbs of the Bushveld complex, which holds approximately 80% of the world’s platinum supply, the company is well positioned for future growth.

PNI Digital Media Inc.

Founded in 1995, PNI Digital operates a digital media platform that connects consumer-ordered digital content – whether from online, in-store kiosks, desktop software or mobile phones – with retailers for the production of personalized photos, photo books and calendars, business cards and stationery. Counting Wal-Mart, Costco and Kodak among its customers, PNI successfully generates millions of transactions each year. (See story, page 17.)

Hub International Canada West Co.

Hub International is a North American insurance brokerage that provides a broad array of property and casualty, life and health, employee benefits, reinsurance, investment and risk management products and services throughout the U.S. and Canada. This satellite office headquartered in Burnaby has approximately 260 employees working in offices throughout Greater Vancouver and the Sea to Sky corridor.

Eldorado Gold Corp.

With six operating mines, one mine under construction, two development projects and an extensive 2011 exploration program, this Vancouver-based low-cost gold producer operates in China, Turkey, Brazil and Greece. Eldorado’s goal is to produce approximately 1.5 million ounces of gold annually by 2015.


iQmetrix is a provider of retail management solutions for the North American wireless industry. Its software products are designed to help wireless dealers create great customer experiences by improving retail operations at back and front of house.

Elastic Path Software

Elastic Path’s claim to fame is a flexible, open-source option for building customized e-commerce platforms at reasonable prices. A host of widely recognizable brands – including RIM, Aeroplan and Virgin Media – rely on the company’s e-commerce strategies and solutions for selling digital goods and services online. With a recently launched strategic e-commerce consulting and advisory services business, Elastic Path is poised for further growth. •