June 20, 2016, No. 139
S-IMEW 2016
Financing on the rise
Optimism at the PDAC 2016 Convention is now being backed by positive signs in financing for junior and intermediate metals and mining companies. SNL’s Monthly Industry Monitor (Global) reported some positive developments in recent months. There were 40 financings over $2.6 million in May, the most since July 2014. In April, there was $614 million financings, slightly less than March at $638 million. Canadian-listed companies accounted for 64% of overall raisings in April, and made up 73% in March.

Human Resource Development
S-IMEW 2016
PDAC’s 10th annual Student-Industry Mineral Exploration Workshop (S-IMEW) in Sudbury, Ontario brought together 26 geosciece students from across Canada to take part in a combination of lectures, field exercises, site visits and networking. Students participated in an underground mine tour at the Timmins West and Young Davidson gold mines, toured the Glencore Smelter facility, and completed mapping exercises with Wallbridge Mining and the Ontario Geological Survey. New this year was the inclusion of an underground mine mapping exercise with KGHM and NORCAT. For many students, it was their first time logging core, visiting a diamond cutting and polishing facility or sampling lake sediment. Thank you to all volunteers and sponsors who made S-IMEW 2016 possible. Learn more.

Taking our message to Ottawa
In his latest blog, PDAC Executive Director Andrew Cheatle provides insight into his recent visits to Ottawa to meet with Members of Parliamentnew and oldand why building these strong relationships are imperative for PDAC and its members. The blog also explores the IFC Sustainability Exchange that was held in Washington D.C. last month. Learn more.
Strong support for mining industry
Residents of the Northwest Territories made it clear that they support mining, according to a survey commissioned by the NWT & Nunavut Chamber of Mines and the Mining Association of Canada. Territory residents believe the industry’s economic contributions are substantial, and companies’ environmental and safety practices are meeting or exceeding their expectations. As a result, respondents said they would welcome new mines and more government support for mining. Learn more.

Core, Summer 2016
The latest issue of Core is now available. Highlights from this edition include a Q&A with The Honourable Jim Carr, Canada’s Minster of Natural Resources who attended PDAC 2016, an editorial by PDAC Executive Director Andrew Cheatle on the UN’s Sustainable Development Goals, a look at how Budget 2016 impacts our industry, a feature on the history of volunteerism at the PDAC, as well as all the highlights and stats on the PDAC 2016 Convention. Read it.

PDAC 2017 Convention
Short course applications are open
We invite all interested parties to submit a Short Course proposal for the PDAC 2017 Convention. Short Courses are in-depth educational sessions led by presenters with expertise in a variety of different subject matters. The deadline to apply is August 12. Learn more.
Mark your calendars
The PDAC 2017 Convention will take place March 5-8 at the Metro Toronto Convention Centre in Toronto. Learn more.
Events at a Glance
  • PDAC President Bob Schafer and Executive Director Andrew Cheatle are attending the Provincial and Territorial Energy and Mines Ministers Conference in Winnipeg, August 21-23.
  • Bob and Andrew are attending the Precious Metals Summit in Colorado, USA September 14-16.
  • Bob and Andrew are attending MinExpo in Las Vegas, USA, September 26-28.
Prospectors &
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Toronto, Ontario M5C 1G6
Tel 416 362 1969
Fax 416 362 0101
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