nevadagoldmines1.jpg

Nevada Gold Mines presentation

Apr. 6, 2021

UNLV’s engineering and geoscience students have long found their calling in mining, but a recent $200,000 gift by Nevada Gold Mines (NGM) to the UNLV Lee Business School and Department of Accounting underscores the need for accounting, finance, and management graduates to operate large, complex, publicly-traded companies in the mining industry. The gift by Nevada Gold Mines is designed to support public education in southern Nevada, help students complete their academic careers, and to increase awareness of Nevada Gold Mines and the mining industry as attractive and rewarding career options in business. This generous gift includes funding to provide:

•    More than $80,000 in student scholarships for Lee Business School students

•    More than $50,000 to support an NGM-sponsored Business Case Competition in the Lee Business School

•    Sponsorship funds to support a Nevada Gold Mines Faculty Fellowship in Accounting

•    Additional funds for Lee Business and Accounting Program Support

A Hidden Gem for Business Students

Nevada’s history is built on mining. One of the largest industries in the state, mining defines many of our communities and is a thriving economic engine. Nevada Gold Mines – a joint venture between the Barrick Gold (NYSE: GOLD) and Newmont (NYSE: NEM) corporations – operates the single largest gold-producing complex in the world, comprising eight mines and their associated infrastructure and operating facilities. The scale and scope of these publicly-traded enterprises is impressive and complex, but many students are unfamiliar with the industry and its unique and intriguing accounting, finance, and business challenges and opportunities.

Why Now?

Current market conditions, coupled with an eye on the long-term future, make this an ideal time to forge a relationship between Lee Business School and NGM. Scholarship and fellowship support is particularly critical considering the present economic hardships students and communities are facing as a result of COVID-19. As the effects of the pandemic ripple through our local and state-wide economies, private support from community leaders like Nevada Gold Mines is more important and impactful than ever.

How to Apply for the Scholarships

Through the generous gift from NGM, 12 annual scholarships of $7,000 will be offered to Lee Business School students. Students can apply for one of the scholarships by submitting a scholarship application to Lee Business School. The deadline to apply for scholarships for the 2021-2022 academic year is February 14, 2021. For more information on how to apply for Lee Business School scholarships visit unlv.edu/business/scholarship.

How to Compete in the Business Case Competition

The Nevada Gold Mines Business Case Competition will focus on accounting, finance, and other business issues and challenges that are specific to the mining industry. The competition is intended to encourage cross-major collaboration and will be open to students from across the Lee Business School. More details about the competition will be announced in the coming weeks.