Posted January 30th, 2018 by

Lassonde Mineral Engineering Team Places FIRST in 2018 Goodman Gold Challenge

Team members: Mark Umanec, Ice Peerawattuk, Marko Lopac and Dalton Veintimilla accepting their first place award at the 2018 Goodman Gold Challenge in Sudbury on January 28th.

Beating out competitors from the Schulich School of Business, Laurentian University, Queen’s University and the University of Kentucky, the Lassonde Mineral Engineering won first place in the 2018 Goodman Gold Challenge in Sudbury on January 28th, 2018.

The Goodman Gold Challenge is a hands-on investment mining management competition for business, geology and mining students across North America.  Applying their academic course work, students gain real-life experience interviewing three gold mining company CEOs on their respective current and future financial standings. The gold companies, currently trading on the TSX or TSX-V included: Wesdome, Nighthawk Gold Corp, and Sabina Gold & Silver Corp. Upon evaluation, each team recommended the gold company they thought would provide the best potential investment opportunity.

The winning 2018 Lassonde Mineral Engineering team members Mark Umanec, Ice Peerawattuk, Marko Lopac and Dalton Veintimilla presented their recommended investment deck to a panel of experts from RBC Global Mining & Metals Group, Kinross Gold, Canaccod Genuity, MNDM and Paul Martin, President & CEO of Detour Gold with David Harquail, President & CEO of Franco-Nevada.

“We want to thank Mike Chen (MIN 1T4) for helping us get Waterton Global Resource Management to sponsor our team financially and also giving us the chance to present our pitch to them and get feedback before we competed,” said Marko Lopac, 4th Year Lassonde Mineral Engineering student.

This is the first year the Lassonde Mineral Engineering team participated in the Goodman Gold Challenge however this is not their first title win in a case study challenge. The Lassonde Mineral Engineering team has had some recent great showings in national and international competition including: the Canadian Mining Games, the World Mining Competition and the OMA MINED Open Innovation Challenge. See below for some highlights:

1st Place: 2015 World Mining Competition

Team members: Matthew Hart, Blake Baek, Peter Miskiel and Daryl Li.

3rd Place: 2017 World Mining Competition

Team members: Mark Umanec, Marko Lopac, Romy Done and Icep Peerawattuk.

1st Place: Jackleg Challenge 2017 Canadian Mining Games

Team members: Marko Lopac and Jack Lindsay.

3rd Place: 2017 OMA MINED Open Innovation Challenge

Team members: Matthew Hart, Marina Reny, Yoko Yanagamura and Justin Samardzic.