The Globe and Mail reports in its Friday edition that RBC Dominion Securities has parted ways with its long-time head of global mining research Josh Wolfson and is poaching Scotia Capital's Ovais Habib, as RBC broadens its platform to focus more on covering mid-cap miners. The Globe's Niall McGee writes that Mr. Wolfson had been with RBC for seven years and covered the likes of Barrick, Agnico Eagle and Newmont. He was frequently ranked in the top tier of his peers by Extel, which tallies the quality of analyst research. Earlier in his career, Mr. Wolfson was managing director, equity research, with Desjardins and before that he worked as an analyst at boutique investment bank Eight Capital. Mr. Habib joined Scotia in 2011 and is known for covering mid-cap miners such as B2Gold, Centerra and Equinox. RBC declined to comment on Mr. Wolfson's departure. Companies don't generally pay for equity research directly but can reward a bank's investment banking arm with corporate financing business. While a handful of large miners grab a lot of the attention, mid-cap companies, which are far more numerous, can generate higher investment banking fees for banks because of stock issuances, and a higher frequency of deal-making.