PDAC 2016 Report – Day 4

A light attendance on the last day of the conference  is normal, and 2016 was no exception.

After four feet aching days of trudging around, the final bell tolled at midday, and the remaining stalwarts breathed a collective sigh of relief and headed towards the exit, and Pearson Airport for the overnight flight home. Continue reading →

PDAC 2016 – Day 3

Following the pattern of previous years there were fewer attendees on the third day of the show.

Talking to exhibitors reaction was mixed about the success of the show. Continue reading →

PDAC 2016 Report – Day 2.

A warmer day brought out a larger crowd, as is usual for a PDAC Monday, as the Bay St. professionals arrive.

As at virtually every PDAC, the mood has turned upbeat, but this seems restricted to those either not needing to raise money, or involved in the financing industry. However,scratch below the surface and all is not so well. Continue reading →

PDAC 2016 in underway in Toronto, Canada.

Early observations are that numbers are down in terms of companies exhibiting and delegates attending, the mood amongst precious metal companies is one on cautious optimism, and even the weather promises to be kind this year, after so many years of bitter cold and heavy snow. Continue reading →

The PDAC 2016 illustrates perfectly the decline in the mining sector, and lack of investor interest in it.

This year the world’s largest mining show has only 366 companies in the Investors Exchange, which is a decline of around 200 companies from last year, which in itself had declined by some 300 exhibitors from the previous year. Continue reading →

The price of crude oil, both Brent and WTI has recovered by several dollars per barrel over the last week or so.

This is despite Iranian production coming back online. Continue reading →