DAILY NEWS Oct 23, 2012 5:00 PM - 0 comments

NEW SCHOLARSHIP: MAC supports mining finance students

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OTTAWA – The Mining Association of Canada (MAC) has launched a new scholarship available to Canadian university students interested in pursuing a career in mineral economics. MAC and its members established the Paul Stothart Memorial Scholarship following the passing of its valued colleague, Paul Stothart. He was MAC's VP of economic affairs, which he held from 2006 to 2012.

The scholarship is valued at $3,500 and will be awarded annually to one student studying either a bachelor or master of economics, or master of business administration. Candidates must also demonstrate an interest in mineral economics through current or future course work.

Students are encouraged to submit their applications until April 15, 2013. The inaugural scholarship will be awarded to the selected candidate for the 2013-14 school year.

"The scholarship's focus on mineral economics reinforces the need for workers across the full spectrum of jobs in the mining sector," said Pierre Gratton, MAC president and CEO. "Beyond geologists, engineers and metallurgists, the industry also requires mining professionals with finance and business management backgrounds."

"When people think about what it means to be a miner, they think about the workers underground and not the professionals sitting in offices on Bay Street," said Gratton. "Finance is a much sought after skill in our industry and we're pleased to support students who are considering a rewarding career in mining."

For more information about the scholarship and how eligible students can apply, please visit Mining.ca

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