UBC wins World Mining Competition

2018-11-13

By Robert Fuerderer

The winning UBC team at WMC

The winning UBC team at World Mining Competition. From left to right: Robert Fuerderer, Naman Shah, Emma Dodds and John Wei

UBC students Robert Fuerderer, Naman Shah, Emma Dodds and John Wei won first place at the World Mining Competition in Saskatoon, Canada from October 25-28.

The World Mining Competition is the largest multidisciplinary mining undergraduate case competition in Canada. The world-class case describes the current situation of a fictitious company in the mining industry from the perspective of a decision maker. It provides a detailed background of the company and outlines the opportunities and challenges of the situation.

A large component of every World Mining Competition case is an extensive financial analysis. Whether it be mergers and acquisitions, capital budgeting or valuation, every case will involve a very high-level analysis in order to find an efficient solution.

The World Mining Competition allows competitors to demonstrate their knowledge and critical thinking skills to executives from industry-leading companies. Fifteen universities competed from across five countries including Canada, the United States of America, Germany, Chile, and the United Kingdom. The University of Alberta came second and McGill University took the bronze medal.

“We spent 36 hours on a unique mining case that involved collaboration between multiple disciplines to create approaches to address the opportunities and challenges presented by the ever-changing and evolving world mining industry. We were very proud to represent UBC on an international stage and showcase our skills,” said Robert Fuerderer, UBC team captain.