Global financing earmarked specifically for exploration more than halved last year and now represents less than a quarter of the 2012 peak.
PDAC Mining News
MICROMINE, the leading provider of mining software solutions, will be exhibiting at the Prospectors & Developers Association of Canada Convention (PDAC 2019) in Toronto, Ontario from March 3rd till March 6th, 2019. PDAC is the world’s premier mineral exploration and mining convention, with over 1000 exhibitors, 3500 investors and 26000 attendees from 135 countries.
If attendance at the world’s biggest mining conference is any indication, things are looking up for the industry.
The Dr. Doom of mining has spoken.
Over 25,000 attendees are expected.
The country expects about $2 billion in revenue.
Between 2013 and 2025, the new “R&D Tax Credit” will give mining companies a 35% tax credit on all eligible expenditures.
After three years of booming investment in mining exploration, the industry is set to cut down significantly on it this year.
Patrick Moore, a Greenpeace co-founder who earned his environmentalist stripes by protesting hydrogen bomb testing and famously confronted the Soviet whaling fleet off the coast of California while captaining a Zodiac, will address students at a workshop hosted by the Prospectors and Developers Association of Canada.
Canadian exploration companies feel their industry association doesn’t hear them, Neal Smitheman, a lawyer who represents junior mining companies in disputes with First Nations, told CBC.
The mining industry's 5th Annual PDAC-CARACLE Cup Hockey Tournament will raise funds for Mining Matters, a charity that educates students, teachers and the public about geosciences and the importance of mineral resources.