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September 23, 2013, No. 106

PDAC Awards
PDAC Board of Directors: Call for Nominations
International Relations
High Frequency Trading Info Session
Public Affairs
PDAC 2014 Convention
Learning and Development
Mining Matters: Where Challenge
External Events

PDAC Awards

Award nominations now open
The PDAC’s annual awards recognize and honour outstanding contributions and excellence in the mineral industry. Categories include: Bill Dennis Award for a Canadian discovery or prospecting success, Environmental & Social Responsibility Award, Skookum Jim Award for Aboriginal achievement in the mineral industry, Thayer Lindsley Award for an international mineral discovery, and Viola R. MacMillan Award for company or mine development. The awards will be presented at the Awards Evening held on Monday, March 3, 2014 during the PDAC 2014 Convention. Click here for the selection criteria of each category, and details on how to submit a nomination.  The deadline to submit information is October 15, 2013. 

Check out our 2013 winners here.


PDAC Board of Directors: Call for Nominations

The Prospectors & Developers Association of Canada (PDAC) is a national organization representing Canada’s mineral exploration and development community. The association’s board of directors is responsible for the overall governance and stewardship of the association. The 48-member board represents the full spectrum of professions making up the mineral industry. Directors are elected at the PDAC’s Annual General Meeting in March and serve a three-year term.

Nominations are now invited for the board of directors. The following nominating rules apply:
  • Nominations must be delivered to the PDAC no later than November 15, 2013.
  • Each nomination must be supported by six (6) PDAC members in good standing.  Click here for a nomination form. 
  • Each individual being nominated must be a PDAC member in good standing who has consented in writing to serve as a director. Click here for a nomination consent form. 
Nominations should be addressed to:
Alissa Reed  Prospectors & Developers Association of Canada
135 King Street East
Toronto, ON, Canada M5C 1G6
Telephone: +1 416 362 1969 ext 227
Fax: +1 416 362 0101
Email: [email protected]

International Relations

METC likely for Australia
On September 7 Australia’s Liberal Party-led coalition was elected to power, bringing the country closer to implementing an exploration development incentive to allow investors to deduct the expense of exploration against their taxable income. The coalition campaigned on this pledge to stimulate investment in the sector, similar to Canada's mineral exploration tax credit (METC). The announcement was welcomed by industry in Australia, which has been pushing for such an incentive for years. Full details of the incentive have yet to be worked out but resemble the approach submitted by the Association of Mining and Exploration Companies (AMEC).  

The METC has played an important role in helping Canada become the top global destination for mineral exploration since its inception in 2000. Implementation of a similar policy instrument in Australia may impact Canada's top position. PDAC will be tracking this issue closely and continuing advocacy efforts to ensure the federal government understands the importance of Canada's METC renewal. Learn more about how important the METC has been to Canada here.

High Frequency Trading Info Session

You are invited to attend a special session sponsored by the PDAC Securities Committee on high frequency trading (HFT).  The event is intended to help deepen your understanding of the issues surrounding HFT and will facilitate dialogue and analysis. Questions remain about the benefits for traders in high-volume stocks and how the junior resource industry may be negatively affected by the presence of HFTs in a number of ways, including the ability to raise equity, maintain share prices, issue debt and achieve sustainable commodity pricing. We have put together an expert panel to explain what HFT is, and how it works. The seminar will review current HFT practices and provide a summary of its general benefits and potentially negative effects on mining and exploration companies.  

Monday, September 30, 2013
8:00 AM – 12:15 PM
Royal York Hotel
100 Front St West
Upper Canada Room
18th floor
Please RSVP to Alissa Reed at
: [email protected]

For those unable to make the seminar in-person, it will be available as a live webinar.
To join the webinar at 8:45 EDT, please follow these instructions:
1.  Please join the webinar (enter as a Guest)
2.  For the audio portion, please dial-in using these numbers:
Toll Free: 1-888 289 4573
Toronto: 416 645-1179
Access Code: 160-06-05

Public Affairs

Energy and Mines Minister’s Conference 2013
PDAC participated in the Energy and Mines Ministers Conference held from August 25 - 27 in Yellowknife. While at the conference, PDAC engaged several provincial mines ministers and deputy ministers to garner support for PDAC's federal priorities. Key among those is the renewal of the METC and an expanded METC for northern and remote exploration. PDAC provided provincial mines ministers detailed background on the depth of the capital crisis facing the junior sector and importance of the METC to Canada's mineral exploration sector.

Many provinces discussed the importance of infrastructure investment during the joint Energy and Mines Ministers open session, aligning with PDAC's recommendation that the federal government establish a dedicated northern infrastructure fund. The conference also included informative panel discussions on Aboriginal Partnerships in Resource Development and Geoscience Mapping Initiatives in Canada that featured PDAC President Glenn Nolan who spoke on the necessity of investment in geoscience.

Minister Oliver stresses need for diversification
While the Energy and Mines Minster’s Conference celebrated Canada's rich natural resource endowment and considerable contribution to the economy, the industry must come together to address coming challenges. Minister of Natural Resources Joe Oliver stressed the need for Canada to diversify our markets and build infrastructure necessary to do business with new trading partners in the future, particularly emerging economies. “If we are going to seize the opportunities we need to act now—develop our resources, build the infrastructure, diversify our markets and lay the foundations for the future,” said Minister Oliver.

The Minister also spoke to the need to develop Canada's resources responsibility and earn the social license essential for future progress. During the mines ministers meeting, the ministers endorsed the Mining Sector Performance 2013  which highlights the important role mining plays in Canada's economy and for communities. The ministers also agreed to work with the federal government in support of Canada's commitment to establish new mandatory reporting standards for Canadian extractive companies to enhance transparency of payments made to government, an initiative which the PDAC has been closely involved.

Federal Parliament prorogues
On August 19, Prime Minister Stephen Harper announced that he would prorogue Parliament and deliver a new Throne Speech in October. The Throne Speech will reset the current legislative agenda and outline priorities for the Government heading into the next federal election in 2015. With prorogation, the House of Commons and Senate Committees have collapsed, temporarily putting on hold pre-budget consultations planned for the fall. While committee activities will resume following the Throne Speech, PDAC has remained active in Ottawa to advocate for the association's pre-budget recommendations.

Public Affairs contact:
Deanna Pagnan
Manager, Public Affairs
Email:  [email protected]

PDAC Convention 2014

Investors Exchange exhibit opportunities
Potential New Exhibitors are invited to complete the New Exhibitor Application form, found here.  

Why exhibit?
  • Discuss your company's activities with mining analysts, fund managers, bankers
  • Make important links with a worldwide audience
  • Meet face to face with high net worth individual investors
  • Reinforce relationships with existing investors
  • Reveal investment potential and conditions
  • Seek out new business opportunities 
Open Session
PDAC invites policy and technical papers for presentation during the Open Session at PDAC 2014. The types of papers chosen for presentation vary from year to year. Presentation slots in the Open Session are 25 minutes in length. More information on the Open Session can be found here. The deadline to apply is Thursday, November 14, 2013 at 5:00 pm EST.

Global Sponsorship and Marketing Program
The PDAC Global Sponsorship and Marketing program creates exclusive marketing opportunities that build brand awareness and has generated positive recognition for sponsoring companies for the past 15 years. If your goal is to grow and differentiate your brand from the competition at PDAC 2014, select one of the many PDAC sponsorship opportunities that deliver results. The PDAC Global Sponsorship program will put your name in front of more than 30,000 international attendees, clients and shareholders, and extend your global reach through our social media channels. For more information on how to enhance your visibility at PDAC 2014, contact Lynne Beckett, Program Manager, at [email protected] or 905 336 3529.

Human Resource Development

Human Resource Development Program Roadmap
The Prospectors & Developers Association of Canada will be organizing engagement sessions in October and November for members as part of its Human Resource Development program Roadmap—the operational plan that will shape the association’s activities in this area for the next five years. These engagement sessions will provide an opportunity for PDAC members to share their thoughts on how the PDAC can help address the human resource challenges facing the industry. An online survey will also be available.

PDAC contact:
Krishana Michaud
Manager, Student Program
Email:  [email protected]

Career Profile Series on student website
We are pleased to introduce the first in a series of Career Profiles of successful industry professionals. We asked people to answer a couple of questions that would be of interest to anyone just starting out or wanting to get ahead in our industry.  Dave Thomas, of Resource Capital Funds Inc., shares some of the lessons he’s learned as he maneuvered his way from line cutter to Managing Director, Canada, while weathering a couple of downturns in the industry. Click here to read more.

International Case Competition
The Schulich School of Business, located in Toronto, Canada, is pleased to announce the 3rd Annual Schulich International Case Competition (SICC), to be held October 25 and 26, 2013. In partnership with Schulich’s Global Mining Management specialization, this year’s case will again focus on the most important current trends in the mining industry.  We are interested in getting in touch with exceptional students from around the world who want to demonstrate their case analysis and critical thinking skills in front of government and industry leaders, and represent their schools at an international case competition. If you or your organization would like to get involved with the case, please get in touch with us by emailing [email protected]. You can get involved through sponsorship, providing in-kind donations, judging the case, or many other opportunities.

Mining Matters: Where Challenge

PDAC Mining Matter’s WHERE Challenge is on! The Challenge is a national contest endorsed by the Canadian Earth sciences community that asks students aged 9 - 14 years to discover the answers to these questions: What on Earth is in your stuff and WHERE on Earth does it come from? WHERE stands for the places where Earth scientists work: Water, Hazards, Energy, Resources, and Environment. There are thousands of dollars in regional and national prizes to be won and you can enter as a group, an individual or a school. All you have to do is use your imagination and dig up some interesting facts about your stuff. The 2013 WHERE Challenge runs from September 4, 2013 to March 7, 2014. Visit for more details.

External Events

20% PDAC Member Discount—Renewable Energy and Mining Summit
Global mining leaders will be joined by renewable energy experts this September 25-26 at the inaugural Renewable Energy and Mining Summit. Organized by Canadian Clean Energy Conferences with Hatch as its principal sponsor, this summit will focus on the opportunities and challenges for powering mines with renewable energy. PDAC members are eligible for 20% off by entering the code pdac20 on the registration page. Click here for more details.  

Toronto International Microfinance Summit – October 5, 2013
The 5th annual International Microfinance Summit engages experts from across sectors on this important poverty reduction tool. This year’s Summit will focus will on microfinance and water, sustainability, women’s empowerment and Aboriginal communities. Visit for more information.  

Canadian Aboriginal Minerals Association 21st Annual Conference
This year’s theme—exploring values, mining decisions—focuses on maximizing community and minerals industry resources for the benefit of all. Attendees will discuss issues paramount to mineral development on Aboriginal lands. The event will take place November 3-5 2013 at the Westin Bayshore, Vancouver. For more information, check out

Registration is open for Roundup 2014
Registration for Mineral Exploration Roundup 2014 "Resources for Life” is now open!  Mineral Exploration Roundup 2014 will take place at the Westin Bayshore, Vancouver from January 27 - 30. Roundup is the world's premier technical mineral exploration conference. Click here to register now. The early registration deadline to qualify for discounted registration fees is December 20, 2013. Register now for short courses, field trips and special events as spaces are limited and sell out quickly. Click here to learn more about the conference, including short course descriptions, special event keynote speakers, sponsorship opportunities, and more.