SASKATOON – Students from around the globe were put to the test at the fourth annual world mining competition (WMC). This year’s theme is ‘Adapting to Uncertainty; Striving for Sustainability’.
“This case competition is unique in the way that it challenges both the financial and the engineering side for students and they really need to look at how the company can be sustainable in a market that is uncertain,” said WMC vice-president of marketing Brianne Mahon.
Fifty-six students in groups of four were challenged to solve a globally-relevant mining strategy problem. The multi-disciplinary case pulled together geology, engineering and business students.
“This competition creates an ability to analyze, to articulate strategies, to make presentations in front of some of the most frightening judges in the world,” said Edwards School of Business dean Daphne Taras.
“I look for confidence. That they’ve done thorough research on the points they present and that they are willing to stand behind there analysis,” said Derek Meates, a partner with KPMG and a WMC judge.
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Delegates say the competition provides a unique learning experience and a valuable networking opportunity.
“It was a really great opportunity just because of how important mining is for our province. To kind of get a more hands on approach. To be put into a case competition where we only have a day an a half to think of a recommendation,” said one competitor, Greg Duck.
The awards gala will be held at TCU Place with panel discussions from the CEOs of K + S Potash Canada, Cameco, Potashcorp and Nexen.
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