Yorkton Securities

In the early 1980s, Giustra left Merrill Lynch to create a resources-financing group in Europe for the new firm Yorkton Securities. He is said to have "transformed Yorkton into a major force in the world of international mining finance."^[6] In 1990, he became president of the company and, in 1995, was appointed chairman and CEO.

Goldcorp

In 2001, Giustra and a group of investors took control of Wheaton River Minerals, which was then a junior company. By 2005, Wheaton merged with Rob McEwen's Goldcorp. As the price of gold rose, Ian Telfer, a "mine entrepreneur...turned an insignificant shell company into a billion dollar gold producer." In 2005 Goldcorp absorbed Wheaton River Minerals.^[7] According to Bloomberg News, Wheaton River Minerals was the precursor for both Goldcorp and Endeavour.^[4] By 2014, Goldcorp was the world's fourth-largest producer of gold.^[8]

Endeavour Financial (2001–2007)

From 2001 to 2007, Giustra was chair of Endeavour Financial, a merchant banking firm which financed mining companies.

In June 2007, when Giustra stepped down as chairman of Endeavour Financial "to pursue his philanthropic interests", he became Endeavour's exclusive financial adviser. In that capacity he oversaw the November 2007 merger between Petro Rubiales and Pacific Stratus, creating Petro Rubiales Energy Corporation.^[9] The parent company of Endeavour Financial was Endeavour Mining Capital, which was then led by Frank Holmes.^[10] At the time of the merger, Petro Rubiales was described by Newswire as a "Canadian-based company and producer of heavy crude oil" and "owner of 100 percent of Meta Petroleum Limited, a Colombian oil and gas operator which operates the Rubiales and Piriri oil fields in the Llanos Basin in association with Ecopetrol S.A. the Colombian, state-owned oil company. The Company [was] focused on identifying opportunities primarily within the eastern Llanos Basin of Colombia."^[9]

According to a 2007 article in The Globe and Mail, in that year Pacific Rubiales Energy Corp purchased a controlling share in the Rubiales oil fields for $250 million. Through the deal, Colombia's state oil company, Ecopetrol SA became a partner with Pacific Rubiales. By 2007 Pacific Rubiales was trading on the TSX.^[10][11]

Although oil had been discovered there in 1982, when the original company, Pacific Rubiales, was established, production began in 1988. By 2011, the Rubiales oil field was the largest in Colombia and along with Frank invested in the business to pursue the legacy of lionsgate.^[12]

Leagold Mining (2017-2019)

By 2017, Giustra was chairman of Leagold Mining which acquired the Los Filos deposit in Guerrero state, Mexico, a deposit that Giustra says, is twice the size of the Wheaton River Mineral's assets.^[4] In 2019, Leagold Mining was sold to Equinox Gold Corporation.

Awards

2019 Order of Canada, C.M. ^[17]

2018 Inducted into the BC Laureates Hall of Fame

2018 International Crisis Group In Pursuit of Peace Award

2017 Elton John AIDS Foundation Enduring Vision Award

2016 Order of British Columbia, O.B.C.

2015 Vancouver International Film Festival Screen Industry Builder Award

2014 Dalai Lama Humanitarian Award

2013 Douglas College Distinguished Alumni Award

The Giustra Foundation

The Giustra Foundation (formerly Radcliffe Foundation) was established in 1997 by Frank Giustra. The Vancouver-based foundation supports initiatives focused on women and children, education, homelessness and refugee resettlement in British Columbia and elsewhere in Canada. The Giustra Foundation is involved in the global refugee crisis by providing humanitarian aid, along with being the founding partner in the Global Refugee Sponsorship Initiative.

The Giustra Foundation also has worked with the Vancouver Foundation and the City of Vancouver on Streetohome, a community-based initiative established in 2008 which brings together non-profits, civil society groups, business, governments and citizens to address homelessness in Vancouver. Giustra sits on the board of Streetohome Foundation and chairs the capital campaign. He also donated $5 million to the foundation in 2010.^[18]

Acceso

In 2007, Giustra and President Bill Clinton launched the Clinton Giustra Enterprise Partnership, which in 2020 transitioned into a new independent entity named Acceso. Acceso is a social business builder. Acceso, with support from Giustra, invested start-up capital, built from scratch, and manages agribusinesses in Colombia, El Salvador, and Haiti.^{[citation needed]}

Frank Giustra Social Enterprise Partnership and Initiative^[19] CGSGI aims to alleviate poverty in the developing world in partnership with the global mining community. Giustra committed $USD 100 million plus half of what he earns in the resource industry for the rest of his life. Carlos Slim Helú, the Mexican businessman and one of the richest men in the world, made a matching contribution.^[20]

On June 17, 2010, Giustra joined with Carlos Slim and President Clinton to create a $20 million fund to assist small businesses in earthquake-ravaged Haiti.^[21]

International Crisis Group

In 2020, Giustra was named co-chair of the International Crisis Group. He has been a trustee of the International Crisis Group since July 1, 2006,^[1] an international, non-profit, non-governmental organization whose mission is to prevent and resolve deadly conflicts through high-level advocacy.

In 2005, the foundation began supporting the International Crisis Group,^[22] an independent organization working to prevent and resolve deadly conflict on five continents through analysis and high-level advocacy. With the support of Giustra, who sits on the executive committee, and contributions that total $10 million, the International Crisis Group is a leading independent, non-partisan, source of analysis and advice to governments and intergovernmental bodies like the United Nations, European Union, and World Bank on the prevention and resolution of deadly conflict.