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:: Queen's Mining, Canada, Receives Historic Donation
The Queen's Department of Mining Engineering has received an unprecedented $10 million donation from alumnus and mining entrepreneur Robert M. Buchan.
It's the largest single donation to mining education in Canadian history and will help drive the development of the global mineral resource industry. In recognition of this exceptional gift, the department will be renamed the Buchan Department of Mining.
"This is an historic day for Queen's," said Principal Tom Williams. "Mr. Buchan's generosity allows us to build on Queen's long tradition of excellence as one of the nation's leading engineering institutions and a global leader in mining education."
To respond to an anticipated shortage of engineers, $2 million will support new student-focused programs and curriculum development, course materials and distance-learning infrastructure. An $8 million endowment will fund academic and staff positions.
"I am honoured to support Queen's Department of Mining," said Mr. Buchan. "The department is fostering the industry's next generation of leaders. Providing them with the best possible education ensures the Canadian mineral sector has a bright and sustainable future in this rapidly evolving global mineral resources industry."
Queen's Department of Mining Engineering dates back to 1893 and is now one of the largest in North America.
"Our vision is to excel in engineering education and recovery of the earth's mineral resources," says Dr. Kimberly Woodhouse, Dean of the Faculty of Applied Science. "Mr. Buchan's generosity and commitment will help us continue to develop exceptional professionals and scholars for a sustainable global economy."
Mr. Buchan's gift will support the Department's undergraduate and graduate program goals through the creation of:
Specifically, the donation will:
The principles of corporate social responsibility will guide the development of these initiatives.
In the current economic environment, the role of private donor is increasingly vital. Mr. Buchan's commitment to sustaining and enhancing mining education will be felt by generations to come.
About Mr. Buchan
With an undergraduate degree in mining from Heriot-Watt University, and a Master of Science in Mining Engineering from Queen's University, Mr. Buchan went on to become one of the most influential figures in Canadian mining history.
In 1993, he founded Kinross Gold, a small gold mining company which he grew into the third largest primary gold producer in North America. After retiring as CEO of Kinross Gold in 2005, Mr. Buchan was one of the founders of Katanga Copper, the developer of one of the world's largest copper deposits. He was also instrumental in the formation of Allied Nevada, one of North America's largest gold deposits. Mr. Buchan retired from Katanga in 2007, and remains Executive Chairman of Allied Nevada.
Mr. Buchan and his wife Tina are officers and directors of the Buchan Family Foundation, and are involved in a great number of philanthropic causes and campaigns.
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