Tag Archives: Prospectors & Developers Association of Canada

PDAC 2022 Convention returns to Toronto in person and online

The international mineral exploration and mining industry is once again gearing up for the annual Prospectors & Developers Association of Canada’s (PDAC) Convention in Toronto, following its first virtual convention in 2021.

This year signifies the return of the in person event from June 13-15, as well as an online portion from June 28-29. This is the first time in the PDAC Convention’s 90 years that it will be offered as a hybrid event, and a fitting way to honour the milestone, event organisers say.

“The pandemic has had us on a rollercoaster over the past couple of years and the feedback we are consistently hearing from our stakeholders is that they want to get back to doing business in person, and for anyone connected to the mineral exploration and mining industry, that means getting together face to face for the PDAC 2022 Convention,” Alex Christopher (pictured), PDAC President, said. “While the pandemic created challenges, it also demonstrated the resilience of the sector as it navigated health and safety, accessibility and supply chain obstacles, while conversations turned to the security of precious metals and the industry’s role in the transition to a low carbon future.

“We have watched precious metals and gold prices soar to record highs, applaud conversations recognising the industry’s critical role in the clean energy transition and, throughout the pandemic, have watched companies offer support to Indigenous and remote communities where it may otherwise have not existed.”

He added: “This is just a small glimpse into the importance of the minerals industry and, as the world reopens, professionals – including analysts, executives, geologists, prospectors, investors, students and government officials – need timely and relevant programming and short courses that can be tailored to their needs, and the PDAC 2022 Convention offers exactly that.”

The PDAC Convention provides a platform for experts to connect and talk, learn and collaborate about the opportunities and challenges faced by the industry, event organisers say.

Topics such as Capital Markets, Indigenous, Student & Early Career, Sustainability and Technical will return to in-person and online programming, along with Short Courses, the seventh annual International Mines Ministers’ Summit, Events & Networking, and a newly expanded Keynote Program for experts to present on commodities, the mineral outlook, innovation and new discoveries.

More than 800 exhibitors will display their expertise and latest core samples in Core Shack, Investors Exchange, Prospectors Tent and Trade Show, they said.

It is not limited to the in-person only event though, with a line-up of programming scheduled for the online portion.

“It is important that we can offer the online portion of PDAC 2022 for a very important group of stakeholders across the world who want access to information directly from their home or office, and we are excited to be able to give them that,” Lisa McDonald, PDAC Executive Director, said. “But it is the in-person element that is being craved this year and we can’t wait to welcome the world’s mineral exploration and mining industry to PDAC 2022 after all this time, we’ve certainly missed everyone.”

For the latest information on #PDAC2022 head to www.pdac.ca/convention

International Mining is a media sponsor of the PDAC 2022 Convention

Zero-emission vehicle incentives coming to Canada’s mining sector

Canada is to extend its existing zero emission vehicle incentive to include off-road vehicles, providing a boost for the country’s mining sector at a time when it is looking to decarbonise operations.

In an announcement at the Prospectors & Developers Association of Canada’s (PDAC) annual convention in Toronto, Canada, taking place this week, the government said the move was predicated on helping Canada achieve its climate goals and keep its industries competitive.

This incentive would provide a 100% write-off of the purchase cost of eligible zero-emission vehicles and automotive equipment in the year they are put into use, the government said. It builds on the temporary incentives announced in the 2019 budget for on-road vehicles.

“Canadians expect their government to take ambitious action to protect our environment, while growing our economy and creating new jobs and opportunities for workers and businesses,” the government said. “To do this, we must support measures to accelerate Canada’s clean energy transition and help our businesses adopt the sustainable technologies of the future.”

It added: “This new incentive would encourage businesses, including in sectors like mining, transportation, and agriculture, to take advantage of opportunities to upgrade to newer, cleaner technologies.”

Justin Trudeau, Prime Minister of Canada, said: “We are supporting businesses that are making investments today to help protect our environment for future generations. By making it more affordable for Canadian businesses to make the switch to zero-emission technologies, we can help accelerate our transition to a low-carbon, clean-growth economy and create good middle-class jobs.”

Under this new incentive, to be eligible for an income tax deduction of 100%, vehicles would need to be available for use before 2024. The deduction allowance would decrease to 75% for 2024 and 2025, and would decrease to 55% for 2026 and 2027. Vehicles not available for use before 2028 would not be eligible for the accelerated deduction allowance, the government said.

Sandvik focuses on exploration technology for PDAC crowd

Sandvik Mining and Rock Technology will show off its exploration technology at the upcoming Prospectors & Developers Association of Canada (PDAC) Convention on March 3-6, with the DE712 Core Drill Rig one of the highlights.

Experts will be on hand to discuss the rig at booth 1031 in the Metro Toronto Convention Centre, Sandvik said, explaining the DE712 is suitable for both directional drilling and geotechnical drilling

“This rig features a capacity of 1,126 m depth in N size and is available in both, truck- and crawler-based configurations making it easy to transport across the site. Its open and accessible design make service and maintenance tasks fast and simple,” Sandvik said.

The DE712 comes with a heavy-duty frame and a robust design, Sandvik said. It is also a space efficient drill rig featuring a drill mast supported by a strong main hoist with a failsafe brake mechanism designed for angles between vertical and 45°.

“Equipped with a powerful diesel engine, water pump and highly efficient hydraulic system, this drill is easy to learn and simple to operate while its robust and precisely engineered design has proved its durability even in the toughest working environments,” the company said.

The DE712 also features a standard automatic fire suppression system and rod spin guard, which protects the operator from the rotating rod string. The on-board Sandvik Safe-T-Spin tool provides consistent pre-torqued joint in the drill string, increasing drill rod thread life while reducing use of stillsons and other hand tools, Sandvik said.

The Sandvik booth will also feature:

  • “BSU core barrel system featuring interchangeable components and offers standard and pump-in applications in a single system. The BSU system offers greater flexibility, a more cost-efficient solution, greater safety and increased productivity. The system is user-friendly and designed for safer handling. There is no need for different coring tool systems as this multifunctional system is ideal for both surface and underground applications;
  • “A new series of impregnated diamond core bits which simplify the selection for each geological condition and deliver unsurpassed balance between best penetration rates and optimum bit life;
  • “The RE531 RC down the hole hammer (86-102 mm (3 ⅜ -4 in) designed to achieve high penetration rates in all rock conditions while providing large, uncontaminated sample return and offering increased longevity and lower cost per metre.”