Category Archives: Technology
PDAC Conference 2024 on March 3-6 in Toronto
It is time again for Toronto’s world renowned mining conference to take place for 2024!
The Prospectors and Developers Association of Canada is the world’s leading mining conference and it happens every year in downtown Toronto. It started in 1932 and has grown to host more than 1,100 exhibits and 700 speakers with over 30,000 people attending yearly.
PDAC 2024: The World’s Premier Mineral Exploration & Mining Convention is the leading event for people, companies and organizations connected to mineral exploration.
The annual award winning PDAC Convention in Toronto, Canada brings together up to 30,000 attendees from over 130+ countries for its educational programming, networking events, business opportunities and fun.
Last year (2023) the conference was getting back to normal after the effects of recent years.
The time slot is back to the regular time of March this year, the usual time slot over the years with an exception made in 2022 of course for the pandemic.
The official PDAC date this year is from Sunday March 3rd until Wednesday March 06 2024.
The exploration sector has been as active as any time we have seen it over the past 25 or so years.!
Metals are more in demand than ever, and more and different kinds of metals are now required to build out a carbon free existence on our wonderful planet.
Rare earths and lithium exploration discoveries have been center stage for several years now as these minerals are must haves for the electric vehicle industry which has been growing by leaps and bounds, led by Tesla of course in case you happen to be hiding under a rock somewhere…
This has spurred on intense exploration efforts from exploration companies since the rewards are very high and immediate if they can find economic deposits of these more recently in demand metals.
Of course the more traditional minerals such as silver and gold are just as in demand as ever, even more so as many millions join the middle class throughout the planet
With the usual blend of exploration companies, service providers, equipment manufacturers and financiers, we expect this years PDAC to be as busy as any previous years with much business transacted.
There will be many talks, meetings, educational events, awards and a refreshing beverage or two will be shared as participants from all over the globe congregate.
We hope to see you there!
The official address is the Metro Convention Center, North Building location located at 255 Front Street West, two blocks west of York Street.
The South Building entrance is located at 222 Bremner Boulevard, one block north of Lakeshore Boulevard, west of York Street.
Canadian Junior Report
China Restricts Additional Rare Earth Metals
China is continuing on its path of restricting export access to certain metals.
As of August 01, 2023 germaniun and gallium have been added to the list. This is in addition
to restrictions on various rare earth metals which began as export quotas around 2010.
China controls around 90% of the supply of rare earth minerals as well as control of technologies surrounding the manufacture of products using these metals.
China has been enacting a policy of increasing restrictions on exporting these metals and technologies
causing western countries to scramble to put together their own supply chains. A large premium has been put upon getting production into place since these various metals are essential to western defense department This puts them in the category of national security resources. Not to mention the electric vehicle explosion requires these metals as well as many other technologies developed in recent years such as wind turbines, batteries, solar devices and so on.
Here is a link to an article about the latest restrictions of germanium and gallium written by the publication TheHill.com.
TheHill.com article
Cryptocurrencies finally rebounding
It has been a long wintery sort of season for cryptocurrency holders, or hodlers as they sometimes refer to themselves. Finally however the cycles have realigned in the positive direction it appears. Bitcoin has surged in the past week and is now trading in the $8,500.00 (US) range after briefly touching $6,900.00 (US) area a couple weeks ago. This is a fairly substantial move and has likely caused many a sigh of relief among crypto fans.
Another interesting thing to note is that various alt coins are following suit with EOS now trading over $3.50 for the first time in over 2 months. EOS has been described as an ‘ethereum killer’ in the past and was designed by top blockchain expert Dan Larimer who also designed the popular blockchain social website Steem. Ethereum itself is moving along nicely with the first mover advantage having kept it ahead of much of the competition. The number of transactions on EOS is rising rapidly however, and a Chinese technology rating paper came out saying EOS was their number one pick out of 30 blockchain companies.
The sector continues to develop along the timeframe which most new technology takes for adoption according to most comments seen around the web, and great things are still expected from this technology, with real world applications beginning to take hold.
Full disclosure, the editor holds a position in EOS coins.