Highlights Canadian Prosperity
The Prospectors & Developers Association of Canada, commonly referred to as PDAC, hosted 25,843 attendees from more than 130 countries at PDAC 2019—the world’s premier annual mineral exploration and mining convention.
PDAC was pleased to welcome prospectors, students, Indigenous peoples, government officials, investors and executives, as well as Prime Minister Justin Trudeau who spoke in front of 300 delegates.
The Prime Minister addressed delegates in a special conversation with outgoing PDAC President Glenn Mullan about the Government’s support for Canada’s mineral industry, highlighting the recent five-year extension of the Mineral Exploration Tax Credit (METC)—the first multi-year extension since its inception in 2000.
The Prime Minister and PDAC President also discussed the importance of the minerals industry to Canada’s prosperity, our leadership in Indigenous partnerships, responsible exploration, and the outlook for the sector.
“What we’re trying to do as a country, and what you are certainly doing as an industry, is look to where things are going,” said the Prime Minister. “The investments in innovation, in research, in science, in partnerships with Indigenous people are all things that are going to stabilize and give you opportunities to be more competitive in coming years.”
The Aboriginal, Capital Markets, Sustainability, Technical and Student and Early Career programs, as well as Short Courses and Presentations, were once again popular with attendees. Other highlights this year included the International Mines Ministers Summit (IMMS) for the fourth year, bringing together 24 Ministers responsible for mining from around the world.
This year’s summit focused on the future of responsible mineral supply chains. The Canadian Minerals and Metals Plan was officially launched to position Canada as the leading mining nation and to lay the foundation for lasting success at home and abroad. The inaugural Canada Day had sessions on diversity, Indigenous leadership, investment, innovation, clean technology and the future of the sector.
“After my 44th straight year attending the PDAC Convention, the enthusiasm I saw from exhibitors and attendees in 2019 was among the best yet,” says Mullan. “Although we continue to face economic challenges and uncertainty, the mineral exploration and mining industry is experiencing a renaissance and renewed sense of confidence, highlighting its resilience once more.” Felix Lee has been appointed as the 37thPresident of the association.
As always, the PDAC 2019 Convention attracted a diverse mix of exhibitors, attendees and government representatives, along with sold out exhibitor space, panel discussions, courses, workshops, and networking events such as the prestigious Awards Gala and Mineral Outlook Luncheon.