Wednesday May 9, 2012 Toronto Roundtable Event: Creating Shared Value – A Framework for Responsible Mining in an Era of Intense Scrutiny and Heightened Stakeholder Expectations
Strong economic growth, rapid industrialization and increasing wealth in emerging economies have led to record demand for metals like gold and copper. At the same time, the extractive sector is facing unprecedented scrutiny and rising expectations from stakeholders and society at large. In this environment, how can the mining industry build trust and earn support for its operations? Toronto-based Barrick Gold is the world’s largest gold producer, and a significant producer of copper and silver. President and CEO Aaron Regent discussed how mining can contribute to responsible economic development, using a model that integrates social, environmental and economic interests to create shared value for a diverse group of stakeholders, from shareholders to local communities.
Aaron Regent was appointed President and Chief Executive Officer of Barrick Gold Corporation effective January 16, 2009. Mr. Regent is an experienced executive with a wealth of expertise in the mining and finance sectors.
Before joining Barrick, he was Senior Managing Partner of Brookfield Asset Management and Co-CEO of its Infrastructure group. Brookfield is a global asset management company with approximately US$90 billion under management.
Mr. Regent previously served as President and Chief Executive Officer of global mining company Falconbridge Ltd. from 2002-2005. Following its merger with Noranda, he was President of the combined company, which had over 14,000 employees and mining operations in 18 countries. Falconbridge was sold to Xstrata in 2006 for C$27 billion, then the largest transaction in mining history.
Early in his career, Mr. Regent progressed swiftly through increasingly senior executive roles. His leadership and strategic experience includes two years as Executive Vice President and Chief Financial Officer at Noranda, prior to joining Falconbridge.