TORONTO – More than 22,000 delegates attended the Prospectors & Developers Association of Canada
’s annual meeting earlier this week. Despite weak commodity prices and a difficult investment climate, optimism and opportunity abounded said the PDAC.
"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," says PDAC president Rod Thomas, pointing to new money coming into the industry, favourable market trends and a move to drive new and sustainable solutions to mining activities. "The mood throughout the convention was optimistic and upbeat – a positive sign for the sector going forward."
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, the Hon. 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 were in attendance.
The next world famous PDAC convention will be held March 5-8, 2017. Please visit www.PDAC.ca