PDAC round-up part two

PDAC round-up part two

Thousands of stakeholders from the mining world attended the final two days of the 2017 Prospectors and Developers Association of Canada (PDAC) convention, which imparted industry leaders with a resoundingly optimistic message going into the rest of the year and beyond.

The Intergovernmental Forum on Mining, Minerals, Metals and Sustainable Metals (IGF) officially welcomed Ecuador as its 57th member of the organisation during a press conference on the penultimate day of the convention.

Speaking at the conference, IGF director Greg Radford said: “Every nation which joins the forum brings a unique perspective and adds depth to the dialogue.

“We look forward to Ecuador’s participation and applaud their commitment to leveraging mining for sustainable development.”

Women In Mining Canada (WIMC) also hosted the ‘Mining for Diversity 2017’ reception on the same day, where it selected recipients for the annual ‘Trailblazer’ and ‘Mentorship’ awards.

The Trailblazer Selection Committee officially awarded Susan Craig with the 2017 WIMC Trailblazer accolade, in recognition of her lasting achievements within the Canadian mining industry.

Craig recently embraced WIMC’s National Action Plan with her independent adoption of the many goals WIMC aspire to achieve in the strategy.

The organisation also awarded the 2017 winner of the Rick Hutson Memorial Award to Patrick McAandless and the winner of the Student Trailblazer Award to Sydney Miller.

Finally, over the course of the four-day convention, a prevailing belief emerged that the upcoming year will witness a wave of mergers and acquisitions among small and mid-sized mining companies.

TD Securities deputy chair of investment banking, Rick McCreary said: “They’re not going to sit still. You’re going to see consolidation in the mid-tier and junior space to create platforms for growth going forward.”