QUEBEC CITY, Feb. 14, 2014 /CNW Telbec/ - As part of its continued commitment to the province of Quebec, Goldcorp Inc. is proud to announce its support for the creation of the Goldcorp Research and Innovation Chair in Natural Resources and Energy Law at Université Laval.
This unique Chair, made possible thanks to a five-year, $1 million grant from Goldcorp and a $250,000 contribution from the law firm Fasken Martineau, will help foster the development of unique research capabilities for all aspects of natural resources and energy law, including (specialties/issues pertaining to) resource/land management, aboriginal and property rights, and environmental performance.
"Over a year ago, when we set out to create a Chair that would champion social, environmental and economic concerns, Université Laval's visionary approach caught our attention," said Brent Bergeron, Senior Vice-President of Corporate Affairs, Goldcorp. "With the expanded capacity made possible through this gift, Université Laval's Faculty of Law is well positioned to become a global force on key legal issues and challenges in resource and energy development, crucial to both the world economy and society's well-being. Together with an important team of partners, Université Laval is helping to shape the future of Quebec's mining sector, and beyond."
The Chair's research will focus on three facets of sustainability: social, environmental and economic development. The position will also serve to train a new generation of experts in a rapidly evolving field where competencies are desperately needed, in addition to generating knowledge that can be shared with specialists and the general public alike.
Goldcorp is one of the world's fastest growing senior gold producers. Its low-cost gold production is located in safe jurisdictions in the Americas and remains 100% unhedged.
Goldcorp's Éléonore project in northern Quebec is providing direct employment to approximately 2,000 people. Approximately $1.3 billion has been invested in the project, with total capital investment expected to reach between $1.8 and $1.9 billion on completion. The project is expected to begin production in the fourth quarter of 2014.
SOURCE: Goldcorp Inc.
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