With a mission to inform, empower, celebrate and advocate for British Columbia's current and aspiring business leaders, BCBusiness go behind the headlines and bring readers face to face with the key issues and people driving business in B.C.
Issue link: http://digital.canadawide.com/i/1536084
40 To p : C h i n a G o l d I n t e r n a t i o n al R e s o u r c e s C o r p . ; b o t t o m : O r l a M i n i n g B C B U S I N E S S . C A J U LY/A U G U S T 2 0 2 5 CHINA GOLD INTERNATIONAL RESOURCES CORP. Revenue change: +67.1% Net income: $89.49 million Net income change: NA If there's a comeback story on the Top 100 list this year, it just might be the Vancou- ver-based China Gold. In 2023, production was suspended on its Jiama mine after an overflow at the Guolanggou tailings pond dam. But as operations fired up again in 2024, so did the profits: production of gold and copper at the Tibetan mine exceeded forecasts. China Gold is one to watch for 2025, as it applies to increase capacity at Jiama. ORLA MINING Revenue change: +49.4% Net income: $121.91 million Net income change: NA Rounding out the third spot in our trifecta of gold-mine gainers is Vancouver-based Orla, which saw record gold production from Camino Rojo—its open pit mine in Zacatecas, Mexico. Last year also saw Orla expand its footprint into Canada with the $810 million acquisition of the Musselwhite mine in Ontario, which CEO Jason Simpson expects will more than double Orla's gold production next year. ANTHEM PROPERTIES Revenue change: +47.1% Net income: NP Net income change: NA A longtime fixture in the B.C. developer scene, Anthem took a big swing last year— and it paid off. Last fall, the Burnaby-based firm successfully raised $82 million through a first-of-its-kind-in-Canada IPO. The goal from founder Eric Carlson? Securing the necessary financing to construct its planned 66-storey mixed-use develop- ment, Citizen—which, when completed, will be one of Metro Vancouver's highest buildings (beating out Vancouver's Living Shangri-La and Burnaby's Two Gilmore Place), and will feature a 176-suite hotel and a mix of market and rental homes. IMPERIAL METALS Revenue change: +43.5% Net income: $106.26 million Net income change: NA Higher metal prices for both gold and cop- per combined with B.C.'s Mount Polley and Red Chris mines coming out ahead of pro- duction targets resulted in Imperial Metals recording record revenue in 2024. It wasn't all good news for the company, however. In December, Vancouver-headquartered Imperial Metals was charged with violating Canada's Fisheries Act in connection with the massive tailings pond spill at Mount Pol- ley in 2014—considered one of the largest environmental disasters in B.C. history. ARC'TERYX EQUIPMENT Revenue change: +40.6% Net income: NP Net income change: NA North Vancouver's Arc'teryx, dominating the retail space for its high-performance technical gear, earns high marks yet again on our Top 100 winners list. Though this year's 40-percent revenue boost falls short of last year's (quite remarkable) 57 percent, this subsidiary of global sportswear giant THE COMEBACK KID China Gold International Resources is ready to increase capacity at its Jiama copperpolymetallic mine in Tibet ON THE RISE Orla Mining experienced a record year thanks to its open pit mine in Zacate cas, Mexico