PDAC round-up part one

PDAC round-up part one

The 85th annual Prospectors and Developers Association of Canada (PDAC) convention kicked off on 5 March in Toronto, with various stakeholders from all across the world attending in their droves to promote, collaborate and extend opportunities across the mining industry.

Canadian mining organisation CEMI celebrated a decade of mining innovation by hosting a panel discussion on ‘achieving successful mining innovation’.

The panel was moderated by journalist and Laurentian University Chancellor Steve Paikin, who was joined by a number of panellists from a host of leading mining companies.

Rick Howes, president and CEO of Dundee Precious Metals and Fred Stanford, president and CEO of Torex Gold Resources Inc, were among the panellists during the celebratory discussion.

Jim Carr, Canada’s Minister of Natural Resources attended the convention and discussed the proposed extension of the 15% Mineral Exploration Tax Credit until 31 March 2018.

“This credit helps junior exploration companies raise the capital they need to succeed and provide good, well-paying middle-class jobs for Canadians,” said Carr.

The minister also met with the Minister of Mines of Colombia, Germán Arce Zapata, and Argentina’s Secretary of Mining, Daniel Meilán, to discuss collaboration opportunities and sustainable development policies.

Furthermore, a new partnership was agreed and signed between the city of Greater Sudbury in Northern Ontario and the Guerrero region of Mexico.

The MOU was signed during the Mexico Mining Day Conference at PDAC, and will create a working partnership between the mining clusters in both regions.