Richard Quesnel (born 1955) is a Canadian entrepreneur and mining engineer, currently president and chief executive officer of Colt Middle East, and a member of the board of directors of Sama Resources. Quesnel was born in

Quebec, Canada Quebec ( ; )According to the Canadian government, ''Québec'' (with the acute accent) is the official name in Canadian French and ''Quebec'' (without the accent) is the province's official name in Canadian English is one of the thirteen p ...

. He speaks English and French. He has a Bachelor of Science in

mining engineering Mining in the engineering discipline is the extraction of minerals from underneath, open pit, above or on the ground. Mining engineering is associated with many other disciplines, such as mineral processing, exploration, excavation, geology, and ...

from

Mcgill University McGill University (french: link=no, Université McGill) is an English-language public research university located in Montreal, Quebec, Canada. Founded in 1821 by royal charter granted by King George IV,Frost, Stanley Brice. ''McGill Universit ...

and is a member of the Order of Engineers of Quebec.

Career

Throughout his 35-year mining career as a professional engineer and entrepreneur, Quesnel has contributed to the successful development of several large

gold Gold is a chemical element with the symbol Au (from la, aurum) and atomic number 79. This makes it one of the higher atomic number elements that occur naturally. It is a bright, slightly orange-yellow, dense, soft, malleable, and ductile met ...

copper Copper is a chemical element with the symbol Cu (from la, cuprum) and atomic number 29. It is a soft, malleable, and ductile metal with very high thermal and electrical conductivity. A freshly exposed surface of pure copper has a pinkis ...

nickel Nickel is a chemical element with symbol Ni and atomic number 28. It is a silvery-white lustrous metal with a slight golden tinge. Nickel is a hard and ductile transition metal. Pure nickel is chemically reactive but large pieces are slow to ...

and

iron ore Iron ores are rocks and minerals from which metallic iron can be economically extracted. The ores are usually rich in iron oxides and vary in color from dark grey, bright yellow, or deep purple to rusty red. The iron is usually found in the fo ...

mining properties around the world. * Consolidated Thompson: Bloom Lake (President and CEO) *

Taseko Mines Taseko Mines Limited is a mid-tier copper producer located in British Columbia, Canada. It operates Gibraltar Mine, the second largest open-pit copper mine in Canada, and is in the planning stages for several other mines including the Prosperity ...

Gibraltar Mine The Gibraltar Mine is a Canadian copper mine operated by Taseko Mines near McLeese Lake in British Columbia, Canada. It is the second largest Open-pit mining, open-pit mine in Canada and the fourth largest in North America. The mine is the large ...

(General Mine Manager) *Redpath: Montcalm Mine (Project Manager) *

Barrick Gold Barrick Gold Corporation is a mining company that produces gold and copper with 16 operating sites in 13 countries. It is headquartered in Toronto, Ontario, Canada. It has mining operations in Argentina, Canada, Chile, Côte d'Ivoire, Democrati ...

: Meikle Mine (Mine Manager) *

Québec Cartier Mining Company Québec Cartier Mining Company was one of the leading producers of iron ore products in North America, now part of ArcelorMittal. The company was founded in the late 1950s by multiple Canadian and American investors, based in Quebec, Canada. The ...

: Mount Wright (Mine Manager) *

Placer Dome Placer Dome Inc. was a large mining company specializing in gold and other precious metals, with corporate headquarters in Vancouver, British Columbia, Canada. In August 2005, the company had interests in 16 gold mining operations in 7 countries ...

: Sigma Mine (Senior Mining Engineer) In his capacity for over 5 years as president and chief executive officer of Consolidated Thompson, he was responsible for the development of Consolidated Thompson's Bloom Lake iron ore deposit which came into commercial production in early 2010, three years after completion of the feasibility study.

Insider trading convictions, appeal, and acquittal

According to the Autorité des marchés financiers (AMF), Quesnel purchased 30,000 shares of Consolidated Thompson-Lundmark Gold Mines Limited (now Consolidated Thompson Iron Mines Limited) on two occasions in March 2006 while in possession of undisclosed information regarding the Bloom Lake mine feasibility study. On November 17, 2010, Judge Juanita Westmorelant-Traoté of the Court of Quebec, district Montreal, found Richard Quesnel guilty of these charges. On May 6, 2011, Judge Juanita Westmorelant-Traoté of the Court of Quebec, district of Montreal, imposed $132,974 in fines against Richard Quesnel. Legal counsel advised Quesnel these judgement were erroneous in law and informed him of the compelling grounds for appeal in which Richard Quesnel intended to vigorously pursue. Richard Quesnel appealed these insider trading convictions to the Quebec Superior Court. On June 12, 2012, the Hon. Rejean F. Paul rendered judgment, granting Richard Quesnel's appeal and acquitting him of all insider trading charges. The Autorité des marchés financiers (AMF) subsequently applied to the Quebec Court of Appeal, seeking leave to appeal Richard Quesnel's acquittal. On August 15, 2012, the Hon. Jacques Dufrense of the Quebec Court of Appeal rendered judgment denying the Application for Leave. This judgement rendered, acquitted Richard Quesnel fully of all insider trading charges.

References

External links

Colt Middle East
Canadian mining businesspeople McGill University alumni Businesspeople from Quebec 1955 births Living people {{Canada-engineer-stub