This year is a Canadian Prospektoren and 75th year and its annual meeting of the developer connection looks to break all recordings again. Traditionally the PDAC was held off season prospektiert, when climatic conditions formed, for the work the Canadian, prospektierend with difficulty. It was meeting a point in Toronto each year, where those, which were also included into this applicable basis sector of the mine industry, come together and to another surplus some - or much - which could speak beers!
More recently, largely because of the key role of Canadian exploration companies operating worldwide, it started to become a much more international event. It outgrew its venue – Toronto’s venerable Royal York hotel and moved to the then relatively newly built Toronto Metro Convention Centre some two blocks away and has grown by leaps and bounds ever since.
This year, pre-registration was around the 12,000 level, and with onsite registration predicted to be another 4,000 – 5,000 people it looks to be heading for another record year’s attendance.
Part of this event’s success in attracting people through the doors was the decision when the event moved to the Convention Centre to set up a simultaneous free entry Investors Exchange where junior mining and exploration companies could exhibit at a far lower cost than at the more specific investment related events and the combination now of the paid entry more technical trade show and the free-to-enter Investors Exchange now makes this one of Toronto’s biggest early year conventions with numbers of attendees growing every year.
As a meeting point for the mineral exploration sector it is hard to imagine a comparable event taking place anywhere in the world – and of course in these days of major and mid-sized mining companies looking to expand through acquisition as much as by their own exploration efforts, there are few of these who are not represented at this annual event, along with the mining oriented banking and investment fraternity - and an ever-increasing number of individual investors in the mining sector. In many ways the PDAC has now become the ultimate networking opportunity for the international mining community.
Alongside the trade show and the Investors Exchange there are also some excellent presentations to delegates in the auditorium as well as a lot of spin-off presentations on the fringes. While many of these are more technical presentations aimed at the original mineral exploration main convention attendees, there are nowadays some important more general papers presented looking at aspects of the driving forces behind the current mining and exploration boom – notably on the state of the base metals markets – some of which are covered in more detail by my colleague, Dorothy Kosich in some of today’s other Mineweb contributions.
The general ambience and attendance levels at the PDAC has to be an excellent indicator of the state of the mining sector worldwide. Judging by this year’s attendance and general conference ‘buzz’,the mining industry is, as Mineweb readers will well know, at one of its best levels for many years with consistently high metals and minerals prices meaning good profits which flow down through the sector to the grass roots explorationist.
The PDAC is one of the industry bellwethers, and judging by the strength of attendance and the overall ambience, there are a good couple of years of good times still ahead for the mining industry around the world. Long may it continue.
source:www.mineweb.net
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