Another PDAC has come and gone, and as usual, it was a success. With the combination of networking and learning, the convention always lives up to its excellent reputation.
The Prospectors & Developers Association of Canada reported that the 2018 convention totaled 25,606, which is the largest attendance since 2013.
Organizers of the convention said:
This year’s convention was full of energy and excitement for the year ahead,” says PDAC President Glenn Mullan, referring to sold out exhibitor space, panel discussions, courses, workshops, and networking events such as the prestigious Awards Gala. “After experiencing several years of economic challenges, today the mineral exploration and mining industry is experiencing a renaissance and renewed sense of confidence.
Could this be a sign of the overall sentiment in the mining industry is turning over? It seems that we are in the early stages as PWC reported that the top 100 junior miners in aggregate hit CA$12.2 billion at the end of June 2017, up 7% from 12 months earlier.
Interesting correlation between gold and PDAC attendance. It defiantly did have a different atmosphere this year, would be nice if the sector flipped upside down in terms of interest.
I found there was quite a bit of retail investors from overseas, i.e germany and asia. I talked to at least 5-6 germans…
Hopefully the times are changing!