Franco-Nevada invests $500,000 to support executive directorship
SUDBURY, ON (January 16, 2013) – Franco-Nevada President and CEO David Harquail today announced a donation of $500,000 to fund the Franco-Nevada Executive Director’s position of Laurentian University’s Goodman School of Mines. At the same time, University President and Vice-Chancellor Dominic Giroux announced the appointment of Dr. Bruce C. Jago as the School’s Founding Executive Director.
Dr. Jago is a Professional Geologist and experienced mining executive who has worked with such companies as Wallbridge Mining (Vice-President, Exploration), Inco Limited (Applied Mineralogist, Exploration Manager), Temex Resources (Project Manager, Diamonds) and Harry Winston Inc (Project Geologist). Most recently, Jago has been President, CEO and Director of Miocene Minerals Ltd. of Vancouver. His appointment follows an extensive global search.
“We couldn’t be more pleased that Bruce Jago will be bringing his vision to the Goodman School,” said President Giroux. “His experience in the field, in Canada and abroad, his work with First Nations, his deep roots in mining and his belief in the industry all make him an ideal choice for this important founding position.”
“We believe that mining education is the pivotal factor in the future success of our industry,” said David Harquail of Franco-Nevada. “We are confident that Sudbury, Laurentian University and the Goodman School of Mines, under the direction of Bruce Jago, will provide a world-class training ground for the coming generations of mining professionals.”
“The world’s mineral resources must be developed efficiently, sustainably and equitably, so that all stakeholders receive maximum benefit,” said Dr. Jago. “There is no better place in the world for this multi-disciplinary approach to mining education, and I am thrilled with the opportunity to lead this exciting venture.”
Reporting directly to the Vice-President, Academic and Provost, the Franco-Nevada Executive Director will work with the Goodman School’s Global Advisory Council, industry and academic departments at Laurentian to:
Expand interdisciplinary majors and minors, thereby enhancing the skills of future professionals in mineral exploration and mining, in areas such as occupational health and safety, Indigenous relations, mining management and finance;
Drive the creation of executive programs at the undergraduate and graduate levels, in modular, short-course or distance education formats, and other delivery mechanisms as opportunities may arise;
Formalize new provincial, national and international alliances with other post-secondary institutions, including an International Network of Schools of Mines with Laurentian serving as a major hub;
Double enrolment in mining related programs by 2020;
Franco-Nevada Corporation is an $8 billion gold royalty and stream company trading under the symbol FNV on both the Toronto and New York stock exchanges. In Sudbury, Franco-Nevada has an interest in the precious metals produced from the Levack (Morrison), Podolsky and McCreedy mines.
Today’s announcement is Franco-Nevada’s investment in the next generation of mining leaders and the Sudbury district.
About Laurentian University
Laurentian University is one of the fastest growing universities in Canada in the past decade, now serving close to 10,000 students. With its main campus in Sudbury, it offers a growing number of programs in Barrie to the 1,200 students located on that campus. Laurentian has the highest post-graduation employment rates in Ontario and receives high recognition for its enviable class sizes, having one of the lowest average class sizes in Canada.
For more information on Laurentian University visit www.laurentian.ca
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