PDAC e-News and Activities, November 2, 2007, No. 48
Page Index
Call for papers for PDAC Convention 2008
Which jurisdictions are the best to work
in? The Fraser Institute seeks your views
PDAC director to speak across Canada on
engaging First Nations communities
AFN National Chief Fontaine issues
corporate challenge to mining industry
World Investment Report 2007 is now
available
Thank you for responding to the
PDAC’s securities regulation survey
“Hewers of wood and drawers of water” no
longer characterizes Canadians
More facts and figures about the
mineral industry
Business opportunities in East Africa
Quantitative methods for mineral
exploration course – February 28 - Ottawa
Call for papers
for PDAC Convention 2008
The Convention Planning Committee has issued a call for papers for the
open session at PDAC Convention 2008. Papers on policy and technical
topics are invited. Papers on the following are of particular interest:
properties of merit (their recent exploration and development history);
geochemical practices in the areas of active exploration; new concepts
and technical developments (particularly their application to deposit
discovery and definition); socio-economic issues; case studies; legal
and regulatory issues; sustainability/environmental issues; and land
access. Closing date for submissions is November 30, 2007. There
is no fee to participate.
Click here for details.

Which jurisdictions are the best to
work in? The Fraser Institute seeks your views
The Fraser Institute is now collecting data for its 2007-08 Annual
Survey of Mining Companies. This publication pulls together the opinions
of mining executives to develop measures of the investment
attractiveness of jurisdictions in Canada and abroad. The PDAC
financially supports the compilation and publication of the survey,
which was cited by major media over 230 times last year and is used by
policymakers to learn more about the effects of their policies. The
online survey is anonymous and takes 15 minutes to complete.
Participants get a free copy of the results and are entered into a draw
to win $1000 (U.S. or Canadian – whichever is better on the day!).
Please contact Cam Vidler at
camv@fraserinstitute.ca with your company name and you will be sent
an invitation to participate. The survey closes at the end of November.
Back copies of the annual survey are available
here.

PDAC director to speak across Canada on
engaging First Nations communities
Glenn Nolan, PDAC director and Chief of the Missanabie Cree First
Nations, has been named a CIM Distinguished Lecturer for 2007-2008.
Glenn will be making presentations across the country on the topic
Engaging First Nations Communities. He can be reached at
gnolan@missanabiecree.com.

AFN National Chief Fontaine issues
corporate challenge to mining industry
PDAC organized a special luncheon event where Assembly of First Nations
National Chief Phil Fontaine addressed 330 members of the mining and
investment community on October 12 in Toronto. Fontaine assured his
audience that First Nations people are not anti-development and want a
chance to share in the benefits and prosperity emanating from economic
development. During his presentation, Fontaine issued the AFN’s
‘corporate challenge.’ A company accepting the challenge will sign a
memorandum of understanding with the AFN and then draft a plan to
address four key areas: procurements; investments; partnerships; and
employment. The full text of the National Chief’s presentation is
here.

World Investment Report 2007 is
now available
The United Nations Conference on Trade and Development (UNCTAD) released
the World Investment Report 2007 in mid-October. The report contains the
latest data (300 pages) on foreign direct investment (FDI) flows by
country and sector, on global and regional trends, and international
production by transnational corporations. As detailed, global FDI
inflows rose in 2006 for the third consecutive year, with growth in all
major country groups. Rising demand for commodities was reflected in a
steep increase in natural resource-related FDI. Among the developing
regions, FDI flows to north and sub-Saharan Africa, to all Asian
regions, and to south-east Europe and the Commonwealth of Independent
States were at record levels. China and India are the preferred
locations for FDI. The developing southern nations have also become
important sources of FDI. To order the report, which costs $90.00,
click here.

Thank you for responding to
the PDAC’s securities regulation survey
Thanks to the 255 members who responded to our recent survey on Canada’s
securities regulation system. The results are being analyzed and will be
made available shortly.

“Hewers of wood and drawers of water” no
longer characterizes Canadians
The characterization of Canada's resource sector as "hewers of wood and
drawers of water" is outdated, according to a new article published
recently in Canadian Economic Observer. The article challenges several
myths about this country’s resource base and suggests that Canadians
could now be described as “conveyers of crude and moilers of metals.”
The article states that, since 2002, “there has been a large shift in
the resource sector away from trees and water. Metals and energy
products found underground now drive the growth of resources…Precious
metals are more dependent on diamonds, as gold mines are depleted.” The
article also debunks the myth that Canada exports too many of its metal
ores without further processing them. It found that industries such as
metals and grains are leaders in adding value here in Canada. The full
article is
here, and a summary is
here.

More facts and figures about the
mineral industry
Every year the Mining Association of Canada (MAC) publishes Facts and
Figures, a comprehensive look at the state of the mineral industry. The
2007 edition is now available. It is an excellent product, full of
information on mining’s contribution to the overall Canadian economy;
production and processing; reserves, prices, financing, exploration and
investments; labour and employment; and much more. The publication can
be downloaded from the MAC website. Alternatively, contact
Paul Stothart to obtain a hard
copy.

Business opportunities in East
Africa
Ontario’s Ministry of Economic Development and Trade and Foreign Affairs
and International Trade Canada are holding a day-long session on
business opportunities in Kenya, Tanzania and Uganda on November 16. The
event will be held in the Ontario Room, MacDonald Block, 2nd Floor, 900
Bay Street, Toronto, from 8 a.m. to 3.30 p.m. The registration fee of
$75 includes breakfast and lunch. More information
here
and the registration form
here.

Quantitative methods for mineral
exploration course – February 28 - Ottawa
The Department of Earth Sciences at the University of Ottawa and
Laurentian University are jointly offering a modular course in
quantitative methods for mineral exploration. The course consists of
four sessions, each of which is two days long and costs $300 for
professionals ($350 after January 1) and $30 for students ($50 after
January 1). The fee includes lunches, receptions, and course notes.
Participants gain three credits that can be applied to a graduate
program or to meet professional development requirements.
Click here
for more details. |