June 15, 2017, No. 151
Changes to CASL implementation
The federal government has suspended implementation of certain parts of Canada’s Anti-Spam Legislation (CASL), which would have allowed individuals to take legal action against any company that sent them an email they did not want to receive. CASL is a set of rules that came into force in 2014 for organizations and individuals sending commercial electronic messages. Parts of the legislation were delayed until July 1, 2017 giving organizations a grace period to come into compliance. A parliamentary committee will review the legislation. Learn more. 

Capital Markets
Top 40 miners return to profit in 2016
According to a new PwC report, the top 40 mining companies had aggregate profits of $20 billion in 2016, compared to $28 billion in 2015, in terms of market capital. However, any new revenues appear to be going to debt repayment rather than capital expenditures or exploration. Capital expenditures were down 41% in 2016 to a record low of just $50 billion. For the fourth consecutive year, the industry reduced spending on exploration with $7.2 billion invested in 2016, barely one-third of the record $21.5 billion in 2012. Learn more

PDAC 2018 Awards
Submit nominations for industry's best
PDAC 2018 Awards are open! The annual PDAC Awards honour the outstanding accomplishments of leaders in the international and Canadian mineral exploration and mining industry. Nominations can be made online. Successful candidates will be announced later in the year and then celebrated at a prestigious Awards Gala & After Party at the Fairmont Royal York Hotel during the PDAC Convention in Toronto in March. Learn more 

Human Resource Development
Learning realities of mineral exploration
PDAC’s 11th Student-Industry Mineral Exploration Workshop (S-IMEW) hosted geoscience students in Sudbury, Ontario from May 4-19. They had the unique opportunity to go underground at the Timmins West and Bell Creek gold mines, toured Glencore Smelter, and took part in mapping exercises with Wallbridge mining and the Ontario Geological Survey, and took a trip to Pykes Hill komatiites. Thank you to our 95 plus volunteers and the sponsors who make S-IMEW possible. Learn more

New government consultations page
The Government of Canada has numerous ongoing consultations, many of which may impact the mineral exploration and development sector. In a new section of the PDAC website, we list the current consultations that may be of interest to our members. PDAC encourages industry to have their say and participate in government consultations. Visit the new page on our website. 

International Affairs
Feminist International Assistance Policy
The Minister of International Development and La Francophonie, the Honourable Marie-Claude Bibeau, has launched Canada’s Feminist International Assistance Policy. This policy recognizes the important role of supporting gender equality. It supports targeted investments, partnerships, innovation and advocacy efforts with the greatest potential to close gender gaps and improve everyone’s chance for success. Learn more 

Geoscience & Innovation
Share your feedback on GEM
The Geo-Mapping for Energy and Minerals Program (GEM) wants to hear from the mineral exploration community. GEM is managed by the Geological Survey of Canada within NRCan. It focuses on activities and research to increase geological understanding in Canada’s north to support exploration and decisions on land use. Has GEM helped you or the industry make effective and efficient mineral targeting decisions? If you have been associated with GEM programming email [email protected].

Core (summer, 2017) – out now
The latest issue of PDAC’s Core magazine is now available to read online. The summer 2017 issue explores the importance of flow-through shares to mineral exploration and mining, gender diversity in the industry, an interview with new PDAC President Glenn Mullan, and all of the highlights from the PDAC 2017 Convention. Read now

PDAC 2018 Convention
Latest news and updates
Save the Date! March 4-7 at the Metro Toronto Convention Centre in Toronto.

PDAC 2017 Post-Convention Exhibits Infographic now available. 
Marketing opportunities
Launching September 22! PDAC's Global Sponsorship & Marketing Program provides exclusive opportunities to build brand awareness and position your organization as an industry leader.

Visit www.pdac.ca/convention for the most current information. 
Events at a Glance
  • PDAC President Glenn Mullan is giving a keynote address at the 3rd International Congress of Mining and Energy in Chihuahua, Mexico, June 14–16. 
Prospectors &
Association of
Copyright 2014
135 King Street East
Toronto, Ontario M5C 1G6
Tel 416 362 1969
Fax 416 362 0101
[email protected]

To unsubscribe or update your preferences, click here