The Prospector’s & Developers Association of Canada’s (PDAC) Convention returns to Toronto, Canada from March 5 to 8 and once again, InvestorIntel is one of the media sponsors at the world’s largest mining and exploration convention. InvestorIntel will be located on Level 700 and Media Stage #2 if you want to come by and say “hello” as we will be meeting clients and interviewing companies for the duration of the convention.
The convention is a major event in the mineral exploration and mining industry and features programming, business and investment opportunities, networking, and a plethora of social events. The 2023 event will be one of the largest in its 91-year history and will include hundreds of hours of programming such as Capital Markets, Indigenous, Student & Early Career, Sustainability, and Technical programs.
The event will provide exceptional insight into the industry’s future and feature a wide range of speakers, industry experts, and facilitators. There will also be keynote presentations from the following industry experts:
- Commodities Outlook:
- Ken Hoffman, Head of Battery Raw Materials from McKinsey & Company, will give the keynote commodities speech on Sunday morning about the future availability of metals as it is facing a critical period due to several factors such as increasing consumption, diminishing reserves, declining ore grades, delays in permitting, limited capital, poor shareholder returns, and a trend towards de-globalization. However, he believes that innovative technologies and efforts to reduce emissions are poised to revolutionize the mining industry. In addition, he thinks that financing and development of these new technologies will be a significant challenge, but potential solutions are on the horizon.
- Mineral Outlook:
- On Monday, Sinead Kaufman, Chief Executive of Rio Tinto Minerals (NYSE: RIO | LSE: RIO), will address the mineral outlook for critical minerals focusing on the opportunities and challenges for the mining industry, as the world shifts to a low-carbon economy. As an example, Rio Tinto recently announced that it plans to provide low-carbon aluminum to BMW’s (XTRA: BMW) vehicle production plant in South Carolina, for use in body components starting in 2024. Low-carbon aluminum from Rio Tinto’s hydro-powered operations in Canada, combined with recycled content, could reduce CO2 emissions by 70% compared to BMW’s benchmark for aluminum.
- Technology Keynote:
- The technology keynote speech will be presented by Sally Goodman, Vice President Generative Exploration, of Newmont Corporation (NYSE: NEM) on Tuesday. She will discuss recent technological advances that already impact the way mineral exploration is conducted and the pace of change that continues to move quickly. Her presentation focuses on how exploration geologists might harness newer technologies to make the next major discoveries. Newmont explains that only one in 3,000 discoveries lead to a mine development, only 10% of the world’s gold deposits are economic for development, and exploration can last years to even decades, so it seeks to apply the latest thinking, technologies, and approaches to exploration activities.
- New Discoveries Keynote:
- Finally, the new discoveries keynote presentation will be hosted by a team from Chalice Mining Limited (OTCQB: CGMLF | ASX: CHN ) for its platinum group element (PGE), nickel, copper, cobalt, and gold discovery at its Julimar project in Western Australia. At the PDAC Awards Gala on Tuesday night, Chalice will be presented with the Thayer Lindsley Award for “a recent significant mineral discovery anywhere in the world”.
With companies and attendees from over 120 countries, there will be many opportunities to learn more about the mining industry and companies to invest in. We hope to see you there.