A scholarship allows undergraduate students to focus on their studies and participate in university life by removing some of the financial pressures that can come with university study.
The Management and Economics Society (MES) of CIM is pleased to announce the establishment of the following annual scholarship:
The MES-COSMO Scholarship
On March 24, 2016, the Management & Economics Society (MES) of CIM announced a new scholarship available for undergraduate students in the fields of mining and mineral economics at universities in Canada. The scholarship, valued at CAD $4,000 per year, was awarded the first time for the academic year 2015-2016.
MES and the COSMO Mining Industry Consortium have established the MES-COSMO Scholarship (scholarship) which is intended to provide financial support for mining engineering students who are enrolled in Canadian universities, and have a focus on strategic mine planning optimization under uncertainty and related mineral economics, finance, and risk management topics (or other related topics considered appropriate by the Selection Committee).
The COSMO Mining Industry Consortium (COSMO) consists of: AngloGold Ashanti Ltd., Anglo American plc, BHP, De Beers Group, IAMGOLD Corp., Kinross Gold Corp., Newmont Corp., Vale SA, and the COSMO Stochastic Mine Planning Laboratory.
For full details, please click HERE.
CIM MES Don Worth Award
In memory of Don Worth, the Management and Economics Society (MES) of CIM is offering a one-time $500 bursary to a University of Toronto student enrolled in Mineral Economics courses.
Biography of Don Worth
Donald Worth (1932-2021) was one of the first Chairs of MES, in 1980-81, when it was a fledgling Committee of CIM. Don helped to set the culture and objectives of the Society which continue to this day. He made a valuable contribution to the Special Committee on Reserve Definitions and the MES Mineral Property Valuation Committee. Don received numerous awards including the Robert Elver Award in Mineral Economics from MES in 1986, the Distinguished Service Medal from CIM in 1989 and the CIM Fellowship Award in 2011. He was a Past President of the Canadian Institute of Mining, Metallurgy and Petroleum and the CIM Foundation, as well as a mentor to many.
Don completed an undergraduate degree in Mining Engineering and a Master’s degree in Economics and Mining at the University of Toronto. He worked in Mexico at ASARCO Mining and at several locations in Ontario and Quebec, before settling in Toronto where he held the position of Mining Specialist and, later, Vice President of Natural Resources at CIBC. After retiring, Don served as a director on the boards of a number of mining and investment companies.
For details of the CIM MES Don Worth Award recipient, please click HERE.
Additional Scholarships Opportunities
For student members, CIM offers scholarships for both undergraduate and graduate students pursuing degrees related to the mining industry. Over $200,000 in scholarships, bursaries and awards!
CIM National, its branches, as well as the CIM Foundation (CIMF), offer numerous annual scholarships, bursaries and financial awards. Scholarships are awarded to deserving students pursuing a career in particular facets of/or related to the mining industry. These scholarships are made possible thanks to the generosity of corporate donors wishing to foster excellence in mining.
A comprehensive listing of all scholarships available can be found at CIM’s scholarships page.