LU names mining school for Ned Goodman
Ned Goodman said his goal is nothing less than to make the Goodman School of Mines the best mining school in the world.
Laurentian officially named its new mining school after the CEO of Dundee Corporation Oct. 15 after the Goodman Family Foundation made a large contribution to an endowment fund set up for the mining school.
The contribution was made with the condition that any financial commitment, present or future, remains confidential.
However, Laurentian University president Dominic Giroux said the Goodmans’ contribution, along with others, brings the university more than halfway to the endowment fund’s financial goal of $20 million.
Goodman is a geologist, securities analyst, portfolio manager and senior executive, and has invested in many mining operations.
He was the driving force of the Dundee group of financial companies, which grew under his family’s leadership from a $300 million base to a $50 billion mutual fund entity.