PDAC Convention Is to Toronto What Canadian Grand Prix Is to Montreal

Alex Letourneau

07 March 2012, 2:12 p.m.
By Alex Letourneau,
Mining reporter, Kitco News

Toronto (Kitco News)--The 80th annual Prospectors and Developers Association of Canada convention raced out to another attendance record this year, opening its doors to over 30,000 attendees from March 4 -7.

While final numbers will only be available post-convention, last year's record breaking total of 27,714 people was eclipsed. In a statement released by the association, it said that over 30,000 people attended this year's convention.

"The convention has really hit its stride in terms of its place in the global mineral industry-this year's attendance attests to that," said PDAC president Scott Jobin-Bevans. "The tremendous networking and educational opportunities the convention offers really sets the standard for the industry. No other annual convention for mineral exploration and mining draws a crowd of this size."

PDAC's annual convention is widely considered the Grand Prix of mining shows, drawing in over 1,000 trade show and investor exchange exhibitors from all over the world.

Several mining presidents, executives and industry specialists come from across the world to attend, network and sometimes give presentations to the tens of thousands of attendees.

Aside from providing a large venue for the mining industry, the convention also provides a local economic boost to the city of Toronto. Last year the convention provided a $72 million economic boost to the city.

Those financial figures are comparable to the Canadian Grand Prix of Montreal, which brought in about $75 million from the three day event in June.

Editor’s Note: Click Here For More PDAC 2012 Coverage.

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