RCF were the proud sponsors of the Schulich International Case Competition (SICC) held in Toronto on March 3, 2018. RCF has been a long-time supporter of the case competition which focuses on mining and sustainability. This year’s case focused on how mining projects, which operate in politically unstable countries, should manage corruption and equitable wealth distribution.
RCF offers scholarships at Schulich School of Business, The University of Western Australia Business School (UWA) and Colorado School of Mines (CSM), of which each school had a team participate in SICC. The CSM and UWA teams were mentored by RCF for the competition and both teams did a fantastic job. CSM were awarded first prize and UWA awarded third prize – therefore a great achievement overall.
The quality of presentations was extremely high and the CSM team, which included RCF intern Phillip Ruban, and past RCF intern, Alex Campbell, prevailed with a comprehensive case that demonstrated a solid understanding of the key issues at hand.
SICC provides students with the opportunity to discuss real-life business challenges, bringing together a collection of innovative and pragmatic solutions. The case competition also provides RCF with an opportunity to demonstrate its ongoing interest and commitment to education, especially as it relates to the importance of sustainability in mining. As a Gold Sponsor, RCF features prominently in the marketing of the event and remains the only investment firm that supports the competition.
RCF Partner and Managing Director Canada, David Thomas, said “The competition is a recognition of the importance of supporting the next generation of mining leaders, as well as the ever-increasing need to incorporate innovative thinking into sustainability and mining. Understanding how to allocate capital to a wide range of initiatives will ensure sustainability today and well into the future”, he said.
“RCF has been supportive of this event for several years, both as a sponsor and as judges for the event, comprised of Allison Forrest, Jessie Liu-Ernsting and myself. The format this year was modified in such a way that there was only one judging round and a smaller number of teams, providing greater interaction between the teams and the 15 judges through an extended Q&A period”, David added.
“RCF is proud of the fantastic work from all of the teams. This is a unique competition which allows students from around the world to display their innovation and talent and apply their knowledge to real-life challenges occurring in the mining industry”, he concluded.
The CSM 2018 team was called ‘Ubia Madini’, meaning Mining Partnership in Swahili, and comprised Phillip Ruban (captain), Alex Campbell, Marko Visnjic and Emilio Castillo. UWA, the defending champion, were third-place finishers this year, behind a strong performance from the University of Toronto. The team from UWA comprised Bindi Shah, Scott Robertson, Rebecca Shanahan and Henry Bromfield.
Teams included representatives from schools such as UWA, CSM, University of Toronto, York University, and Simon Fraser University from Vancouver, BC.
The annual Schulich International Case Competition is organised by the MBA students at Canada’s York University and coincides with the start of the Prospectors & Developers Association of Canada held every March in Toronto.
Above Photo Caption: UWA team (from left) Henry Bromfield, Bindi Shah, Rebecca Shanahan and Scott Robertson
Cover Photo Caption: CSM team (from left) Emilio Castillo, Marko Visnjic, Alex Campbell and Phillip Ruban