More than 30,000 people attended the 2012 Prospectors & Developers Association of Canada’s (PDAC) convention in Toronto, breaking last year’s attendance record of 27,714.
It is the convention’s 80th year, attracting investors, analysts, mining executives, geologists, prospectors and international government delegations from across the world, as well as more than 1000 exhibitors at its feature trade show.
“The convention has really hit its stride in terms of its place in the global mineral industry-this year's attendance attests to that,” says 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.”
The convention has injected a massive contribution into the local economy, with more than $72 million accounted for from last year’s delegates.
PDAC says Toronto’s Metro Convention Centre again proved to be a suitable hub for the mineral industry’s biggest annual convention, from March 4-7.
“PDAC brings together explorers, developers and producers for what is arguably the global mining industry’s most important event of the year,” says Barrick Gold’s senior vice president of global exploration Rob Krcmarov.
“Our team is always on the hunt for promising projects, and the PDAC convention offers up a universe of opportunities under one roof. There’s no other forum like it.”
Despite the current challenging period for many mining companies, the global industry delegates at the conference said they remain optimistic the commodity boom may run for years to come.