A Sense Of 'Renaissance' In The Mining Sector As PDAC 2019 Wraps For The Year
(Kitco News) - The Prospectors & Developers Association of Canada (PDAC) wrapped up on Wednesday, reporting outstanding attendance and a sense of a “renaissance” in the mining sector.
This year saw 25,843 attendees from more than 130 countries, the PDAC said in a press release on Wednesday.
The world’s largest mining convention, held annually in Toronto, has reported renewed optimism and excitement from the attendees this year.
“After my 44th straight year attending the PDAC Convention, the enthusiasm I saw from exhibitors and attendees in 2019 was among the best yet,” said PDAC President Glenn 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.”
Highlights from the #PDAC2019 trade show floor: drones, drills, clothing, and even helicopter portable mining equipment. What was your not-to-miss booth at @the_pdac? Share with us! | | #kitconews #gold #silver #finance #preciousmetals #markets #economics #mining #investing | pic.twitter.com/OcEAmtsy3V— Kitco NEWS (@KitcoNewsNOW) March 4, 2019
Many countries are represented here at the #PDAC2019! Perfect place to learn about opportunities and jurisdictions from Asia to Latin America | @the_PDAC #kitconews #gold #silver #finance #preciousmetals #markets #economics #mining #investing | pic.twitter.com/0alHqyT050— Kitco NEWS (@KitcoNewsNOW) March 4, 2019
This year’s PDAC highlights included a surprise visit from Canada’s Prime Minister Justin Trudeau, who focused his invite-only talk on mining, innovation, cleaner technologies and Indigenous partnerships.
Canada’s PM @JustinTrudeau on #gold price: “I was asked about the price of gold on a way here - I am not going anywhere close to that question. There is 50% it will go up,” Trudeau joked | #mining #PDAC2019 @the_PDAC pic.twitter.com/wDFhDpTKBT— Kitco NEWS (@KitcoNewsNOW) March 5, 2019
Canada’s PM @JustinTrudeau LIVE: #Mining is also a part of the new #economy. It is part of green technologies, green cars, and green energy | #PDAC2019 @the_PDAC @KitcoNewsNOW | pic.twitter.com/Sp23ljEg3M— Kitco NEWS (@KitcoNewsNOW) March 5, 2019
The agenda this year included many timely topics, such as commodities outlook, new technology to power the future of mining, exploration activities, metal deficits, lack of investment, precious metals outlook, and millennials and mining.
In respect to millennials, there were many students in attendance, with many recent graduates presenting at the PDAC as well as looking for job opportunities.
#PDAC2019 LIVE: Social media is key if the mining industry is serious about cracking the lack of millennial participation problem - from the #millennials and #mining session pic.twitter.com/CSalv7Bok7— Kitco NEWS (@KitcoNewsNOW) March 4, 2019
The always popular #DisruptMining event also lived up to the hype surrounding the annual competition. The entertaining live ‘Shark tank’-style finale on Sunday ended with Andritz’s project to train AI to operate a mineral facility winning Goldcorp’s $1-million prize.
Kitco News is at the #DisruptMining event organized by @Goldcorp_Inc! Time to meet the finalists @Andritz @Voith_Turbo @Anaconda_Mining. Which project will be revolutionary enough to receive an investment boost of up to $1 million? Stay tuned! pic.twitter.com/IBznOrKX7z— Kitco NEWS (@KitcoNewsNOW) March 3, 2019
#DisruptMining finalist #2: @Andritz - developed a way to train artificial intelligence (#AI) to autonomously operate a mineral processing facility | @Goldcorp_Inc @the_PDAC #PDAC2019 | pic.twitter.com/TRJUciHTnp— Kitco NEWS (@KitcoNewsNOW) March 3, 2019
And the winner of #DisruptMining 2019 and the $1 million prize is... @Andritz with its artificial intelligence project to operate a mineral processing facility! @Goldcorp_Inc @the_PDAC #PDAC2019 pic.twitter.com/YSMokFVEui— Kitco NEWS (@KitcoNewsNOW) March 4, 2019
This year’s PDAC was a special one for the Kitco News team, marking our 10th PDAC. Our team was busy getting you in-depth interviews and live coverage of the event. Thank you for following our updates and engaging with us on social media! Some of you even stopped by our stage at the PDAC to say hi and take selfies!
Kitco News is celebrating 10 years at #PDAC2019! What were some of your favourite #mining stories of the past decade? @the_PDAC #gold #kitconews @dourekas @DanielaCambone @davidlinMTL @neils_C @michaelmccrae @annagolubova pic.twitter.com/ckZN5J1vEb— Kitco NEWS (@KitcoNewsNOW) March 4, 2019
We are still filming at the @RipleysAquaCA! Stay tuned for our special footage from the 5th Annual #Silver & #Gold Reception @DanielaCambone @dourekas @the_PDAC #PDAC2019 #10years pic.twitter.com/ID73tuQlJb— Kitco NEWS (@KitcoNewsNOW) March 5, 2019
Chile’s Mining Minister Baldo Prokurica stops by to chat #mining, #metals and #investing. Stay tuned for the interview on https://t.co/ciCdWggyox | @DanielaCambone @KitcoNewsNOW @the_PDAC #PDAC2019 | pic.twitter.com/4rlrdgrkWw— Kitco NEWS (@KitcoNewsNOW) March 5, 2019
The all-star interview line-ups this year included CEO of Sprott U.S. Holdings Rick Rule, Uranium Energy Corp. CEO and GoldMining Chairman Amir Adnani, Chile's Mines minister Baldo Prokurica, Covergalls' founder Alicia Woods, Metalla Royalty & Streaming director E.B. Tucker, CPM Group managing partner Jeffrey Christian and many others.
"Didn't we try bigger is better' before? it didn't quite work" - Agnico Eagle CEO on the Barrick-Newmont dealhttps://t.co/Egx1JDy2nd@DanielaCambone @agnicoeagle #PDAC2019 #gold #mining #mergers pic.twitter.com/4lJzp2CIj7— Kitco NEWS (@KitcoNewsNOW) March 4, 2019