Optimism slowly returning to mining industry ahead of annual convention
TORONTO — With commodity prices on the rise, attendees at the world’s largest annual gathering for the mining industry are expected to be cheerier than they were last year.
The Prospectors and Developers Association of Canada convention, which kicks off in Toronto Sunday, provides a good sense of the level of optimism in the industry, and organizers say they’re gearing up for a solid year.
Last year, booth space at the trade show and the investors exchange was nearly sold out. This year there is a waiting list.
“I would say the sentiment is cautiously optimistic,” said Andrew Cheatle, PDAC’s executive director.