Pretium Resources

In 2010, Pretium Resources was founded by Robert Quartermain, who took on the role of CEO. The company was established to acquire and develop the Snowfield and Brucejack projects in British Columbia. Pretium went public with an initial public offering in December 2010. The company's primary focus became the Brucejack Project, a high-grade underground gold mine. After years of exploration and development, construction at Brucejack began in 2015, and it achieved commercial production in July 2017. The mine is recognized as one of the highest-grade operating gold mines in the world. A significant chapter in Pretium's story unfolded in November 2021, when Australian mining company Newcrest Mining agreed to acquire it for $2.8 billion. The deal was finalized in March 2022. Following the acquisition, Pretium Resources was delisted from the Toronto Stock Exchange and the New York Stock Exchange.