Mission and history

SOQUEM is a leader in Quebec’s mineral exploration industry. As a subsidiary of Ressources Québec, its mission is to promote the exploration, discovery, and development of the province’s mineral resources. And through its partnered projects, SOQUEM leverages the Quebec mineral exploration industry.

Since its foundation, SOQUEM has helped maintain a strong economy in Quebec’s mining regions. The company’s exploration work has led to the discovery and operation of numerous deposits.

SOQUEM has managed to reach its objectives throughout the years by designing its own business model. Partnering with various exploration companies and diversifying its portfolio of shareholdings iss the key to overcoming cyclical economic constraints. SOQUEM thus maximizes return on its assets and minimizes risks by joining forces with partners to develop its projects.

1965
Creation of SOQUEM by decree by René Lévesque, then minister of Jean Lesage’s Liberal government.
1986
Privatization of many of SOQUEM’s productive assets that led to the creation of Cambior, which then became IAMGOLD.
1996
Creation of SODEMEX by SOQUEM, a development fund for junior exploration companies.
2006
Relocation of SOQUEM’s head office in Val-d’Or, at the heart of one of the most important mining regions in Quebec.
2012
SOQUEM becomes a subsidiary of Ressources Québec, which is itself a subsidiary of Investissement Québec.

Executive management

Iya Touré

Chair

Mr. Touré was named Investissement Québec’s Vice-President, Business Development, Major Accounts in May 2015. He is also in charge of Ressources Québec, an Investissement Québec subsidiary. Employed by Investissement Québec since 1998, Mr. Touré has successively held the positions of Industrial Development Officer, Senior Portfolio Manager and Financing Package Coordinator at the Major Accounts Department before his appointment as Senior Director of Specialized Financing in October 2009.

In addition, he represented Investissement Québec on the Technoparc Saint-Laurent Board of Directors from 2000 to 2004.

A member of the Ordre des comptables professionnels agréés du Québec (CPA) since 1989, Mr. Touré holds a diploma from the École Supérieure de Commerce in Lyon, France, along with a bachelor’s degree in accounting and finance and a master’s degree in business administration (MBA) from HEC Montréal.

Claudine Chan Weng

Director

Claudine Chan Weng was named Investissement Québec’s Director of Financial Information in March 2011. She previously held the position of Equity Investment Director at Société générale de financement du Québec.

Ms. Chan Weng, a member of the Ordre des comptables professionnels agréés du Québec since 1991, received her bachelor’s degree in accounting from Université du Québec à Montréal. She possesses over 20 years of experience in managing accounting services at various multi-sectoral organizations.

Danielle Giovenazzo

Independent Director

Member of “l’Ordre des géologues du Québec”, Danielle Giovenazzo has nearly 30 years of mining exploration experience where she was responsible for several exploration projects at various stages. She has experience in Canada as well as abroad (Argentina, Australia, West Africa, Finland, Brazil and Greenland) working for various mining exploration companies such as Goldcorp Inc., Newgenco Pty Ltd, Castillian Resources Corporation, XStrata Nickel, Falconbridge Ltd.

Danielle Giovenazzo holds a BSc in geology from the University of Montreal, a doctorate in geology from the University of Québec in Chicoutimi and is currently president of Salda Geosciences Inc., a private geological and mining exploration consulting company.

Since 2018, Mrs Giovenazzo has been president of “l’Ordre des géologues du Québec”.

Robert Marquis

Independent Director

Robert Marquis is an associate professor at the Mine and Environment Institute of the University of Quebec in Abitibi-Témiscamingue (IRME / UQAT). Member of « l’Ordre des géologues du Québec », M. Marquis holds a doctorate, a master’s degree and a bachelor’s degree. His professional career is marked by partnership and networking at the junction between the mining and education sectors.

Marquis began his professional career at SOQUEM. Subsequently, he held various positions at the Ministry of Natural Resources; first as a geologist, then as a department manager, and lastly as director and general manager of « Géologie Québec ». In 2011, he was appointed Associate Deputy Minister for the Mining Sector and in 2013, President and Chief Executive Officer of the National Institute of Mining. He left this position in December 2018.

Marquis has been on the board of SIDEX for more than 10 years and, more recently, at Tata Steel Minerals Canada. He also chairs the Board of Directors of the Center of Excellence on Strategic Metals Elements 08, which brings together three institutions of teaching and research; the University of Quebec in Abitibi-Témiscamingue (UQAT), the CEGEP of Abitibi-Témiscamingue and the Industrial Waste Technology Center (CTRI).

 

Board of directors

Michel Gilbert

Interim President and CEO

Michel Gilbert holds a BEng in geology and an MSc in applied sciences from “l’École Polytechnique de Montréal”. He is currently a lecturer for applied management in the mining industry at the University of Québec in Abitibi-Témiscamingue and an administrator for a private company related to mineral exploration.

Member of “l’Ordre des ingénieurs du Québec”, Mr. Gilbert has nearly 30 years experience working in mineral exploration and mineral exploitation mainly in Québec and Mexico for Aurizon Mines and Cambior.

M. Gilbert was once president of the board of directors for Cartier Resources, administrator for the CONSEREM and served as an administrator for several non-profit organizations.

Yan Ducharme

Manager - Advanced projects

Yan Ducharme holds a Bachelor degree in Geology and a Master degree in Earth Sciences from the University of Quebec in Montreal. Since then he worked for SEMAFO in Guinea in Western Africa, for Cambior/IAMGOLD at the Sleeping Giant mine and at the Abitibi and Suriname exploration divisions. After, he held various positions within the NioGold Mining Corporation, notably the one of Vice-president exploration for four years, until Osisko Mining bought NioGold. He was also the Regional exploration manager for the Canadian Malartic Group Partnership.