The crowded halls of this year’s Prospectors & Developers Association of Canada’s (PDAC) Convention displayed the renewed enthusiasm in the industry to take advantage of the improving metal prices and opportunities on the rise. “This year’s convention was full of energy and excitement for the year ahead,” said PDAC President Glenn Mullan. “After experiencing several years of economic challenges, today the mineral exploration and mining industry is experiencing a renaissance and renewed sense of confidence.” Attendance reached 25,606, a 6 percent rise from the 24,161 people that showed up in 2017.
The buzz spilled over onto the annual Mexico Mining Day held during the convention. This year the conference inaugurated on Tuesday, March 6, 2018 and included the participation of key leaders of the industry in both the public and private sector to debate a wide variety of topics. In the panel “Investment Opportunities at the State Level,” Ministers of Economic Development from the states of Sonora, Chihuahua, Durango, Zacatecas and Oaxaca reaffirmed their commitment to the mining industry.
Companies also had the opportunity to provide insight on their experiences investing in Mexico in the panels “Doing Business in Mexico I & II,” which included the perspectives of Bradford Cooke, CEO of Endeavour Silver and Fernando Alanís, CEO of Industrías Peñoles, among others. The day also included a presentation from the National Digital Strategy Coordinator, Yolanda Martínez, that showed governmental efforts to digitalize and facilitate processes.
All in all, the four-day convention was an exciting opportunity for companies to showcase advances in their projects and debate the key issues of the industry though the variety of international events and programs that were hosted at the event. “In Canada, and around the world, PDAC is recognized as a leader in promoting a responsible, sustainable mineral exploration and mining community,” added Mullan. “At PDAC, we take pride in being a growth catalyst for the sector by building strong working relationships, both domestically and abroad.”