Published: March 10, 2016 |

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Optimism and opportunity abounded at the PDAC 2016 Convention of The Prospectors & Developers Association of Canada in spite of recent industry challenges, indicating a positive shift in sentiment amongst the industry’s key players.

A clear sense of industry confidence was evident as more than 22,000 attendees from more than 100 countries gathered at the annual PDAC convention where investors, analysts, mining executives, geologists, government officials and students gathered for the largest exploration and mining event in the world.

Pointing to new money coming into the industry, favorable market trends and a move to drive new and sustainable solutions to mining activities, “the mineral exploration and mining industry has been facing an array of economic challenges the past several years but the sector continues to demonstrate its resiliency,” said Rod Thomas, president of PDAC.

“The mood throughout the convention was optimistic and upbeat — a positive sign for the sector going forward,” added Thomas.

The PDAC 2016 Convention hosted its inaugural International Mines Ministers Summit (IMMS) that brought together 16 national mines ministers from around the world. Led by Canada’s Minister of Natural Resources, Jim Carr — who spoke at a series of PDAC functions — the IMMS provided an important setting for the international mining community to discuss and work on resolving issues affecting the industry. In addition, 25 federal parliamentarians, six provincial/territorial ministers and two premiers attended PDAC 2016.

“It is important that the PDAC builds strong working relationships not only with provincial and federal governments in Canada, but also with international governments to ensure the mineral industry continues to succeed and grow both in Canada and internationally. The PDAC Convention was an excellent opportunity to showcase the importance and scale of our industry to the new Government of Canada and we look forward to further building upon the constructive activities that occurred at the 2016 PDAC Convention,” said Andrew Cheatle, executive director of PDAC.

Now in its 84th year, the PDAC Convention is more diverse than ever before. A number of events, including the CSR Event Series, with a focus on diversity in the extractive industry, Capital Markets Program, Aboriginal Program, garnered overwhelming support by attendees.

The PDAC 2017 Convention will be March 5 - 8, 2017.

About the PDAC
The Prospectors & Developers Association of Canada (PDAC) is the national voice of Canada’s mineral exploration and development industry. With a membership of over 8,000, the PDAC’s mission is to promote a responsible, vibrant and sustainable Canadian mineral exploration and development sector. The PDAC encourages leading practices in technical, environmental, safety and social performance in Canada and internationally. PDAC is known worldwide for its annual PDAC Convention, regarded as the premier event for mineral industry professionals.

To stop by PDAC’s website, CLICK HERE

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