Teck Cominco Limited
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Teck Cominco Limited

May 03, 2006 14:35 ET

$7.5M Gift Led by Teck Cominco Creates Norman B. Keevil Institute of Mining Engineering at UBC

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - May 3, 2006) - British Columbia's only mining engineering program today received a $7.5-million boost that will significantly increase its capacity for education and research.

The gift, comprising a major donation from Teck Cominco Limited (TSX:TEK.MV.A)(TSX:TEK.SV.B) - one of Canada's largest mining companies - plus contributions from the company's partners, will create the Norman B. Keevil Institute of Mining Engineering at UBC, in honour of the company's former President and CEO.

Dr. Norman B. Keevil has been a source of leadership and inspiration to Canada's mining industry since 1962. His dedication to excellence in business and community development has been widely recognized. He is an inductee to the Canadian Mining Hall of Fame and is the recipient of an honorary LLD degree from UBC.

"This generous gift exemplifies the commitment of Teck Cominco and partners, Dr. Keevil and UBC's Faculty of Applied Science to address critical issues faced by the modern mining sector, such as human resource development, community involvement, and safe and sustainable mining practices," says UBC President Martha Piper.

"The new institute will significantly enhance our programs in learning and research, help UBC prepare the global citizens of tomorrow, and meet the demand for skilled professionals in the industry."

The gift will provide support for infrastructure upgrades, faculty recruitment, and an enriched student experience for an expanded number of students, thereby enhancing the quality of education and leading-edge research.

"The Norman B. Keevil Institute of Mining Engineering will rapidly become one of the world's leading mining engineering institutions," says Michael Isaacson, Dean of the Faculty of Applied Science. "It will play a leadership role in preparing graduates and conducting research that best meets societal needs. The Institute will provide innovative solutions to real-world problems and ensure environmental stewardship, sustainability, community enhancement and positive First Nations relations."

"Teck Cominco has long provided employment opportunities to UBC students and applied our leading-edge research to its daily operations," says UBC Mining Engineering Head Malcolm Scoble. "This gift is a natural evolution of our collaboration and represents the strong commitment of Teck Cominco and partners to higher education and to a sustainable future for the industry."

In addition to its own generous support, Teck Cominco has secured contributions from a number of its partners, including The Hallbauer Family Foundation, AMEC Inc., Silver Standard Resources Inc., Mr. Robert Quartermain, Mr. Steven G. Dean and Dr. Klaus M. Zeitler.

Background

Teck Cominco

Teck Cominco is one of Canada's largest and most diverse mining and mineral processing companies. Renowned for its belief that appropriate human resources development is crucial to the continued success of the mining sector, Teck Cominco has long supported mining education at UBC, including co- op and employment opportunities for UBC Mining Engineering students.

Teck Cominco's investment in UBC Mining will ensure that B.C. produces entrepreneurial, talented and effective mining engineers with the ability to address a wide range of issues related to the industry, from the implementation of new technologies for competitive and safe working environments, to sustainable practices to protect the integrity of ecosystems, as well as support for B.C.'s northern communities and First Nations.

Biography: Dr. Norman B. Keevil

Dr. Norman B. Keevil has enjoyed an outstanding career in the mining industry spanning four decades. While completing his PhD in Geophysics at the University of California, Berkeley, Dr. Keevil joined Teck Cominco in 1962 and became President and CEO in 1981. He currently serves as Chairman of Teck Cominco.

Under his leadership, Teck Cominco grew from annual revenues of $11 million to more than $4 billion today, with operations around the world.

A tireless supporter of higher education, Dr. Keevil has previously secured funding for several research chairs at UBC.

He is a graduate of the University of Toronto (BASc) and the University of California at Berkeley (PhD) and the recipient of an honorary LLD degree from UBC. He is a member of the Canadian Mining Hall of Fame and a Lifetime Director of the Mining Association of Canada.

NB: High-resolution photos of Dr. Keevil is available at http://www.publicaffairs.ubc.ca/download

Contact Information

  • UBC Public Affairs
    Brian Lin
    (604) 822-2234 or Cell: (604) 818-5685
    Email: brian.lin@ubc.ca