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PDAC Convention

Canada’s PDAC 2008 Convention – The Mining Boom Continues – Stan Sudol

Ontario Northern Development and Mines Minister Michael Gravelle and PDAC Mining Matters KidsThe annual Prospectors and Developers Association of Canada (PDAC) convention is the premier event in the global exploration and mining sector. The Toronto convention, which is always held in the first week of March, is expected to set another attendance record this year with about 20,000 visitors.

As I jump from presentation to event throughout this column I may sound like I have a severe case of “attention deficit disorder. This only reflects the many stories, people, lectures and events at the PDAC which just simply overloads the mind. Combine that with the networking, business deals, and the enormous amounts of partying and the frantic three and a half days can become a blur to any participant. Where to start?

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The Annual PDAC Convention Begins on Sunday – Stan Sudol

The annual Prospectors and Developers Association of Canada (PDAC) convention starts this Sunday in Toronto, Canada. This year’s convention has shifted to the South Building of the Metro Toronto Convention Centre from the North Building to accommodate more exhibitors and a larger crowd. They are expecting to see close to 20,000 participants, a new record high like the price a many of the metals its members are searching for.

PDAC was first founded in 1932, early in the Great Depression in order to fight some new provincial government regulation that was detrimental for struggling prospectors. Copper was then selling at four cents a pound (US), nickel was about 35 cents per pound, and gold could be bought for $20.67 per ounce. How things change and how they stay the same.

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