This Canadian Mining Darling Finds Gold in Projects No One Wants
- Klondex Mines outperforms peers with growing mine portfolio
- CEO’s next move is to turn around two distressed Nevada assets
Paul Andre Huet
Photographer: Cole Burston/BloombergThis article is for subscribers only.
When Paul Andre Huet became chief executive officer of Klondex Mines Ltd. in 2012, he says the Canadian gold miner had just $400,000 in cash, one asset and $7 million in invoices.
“We never declared bankruptcy but on our financials we were literally done,” says Huet, who made the leap to the insolvent company from Premier Gold Mines Ltd.