Global mineral industry meets in Toronto

The Prospectors and Developers Association of Canada’s (PDAC) annual convention, taking place March 3 to March 6, 2013, will see the global mineral industry converge on Toronto in the tens of thousands. In 2012, over 30,000 people attended the convention.

“Canada leads all countries with 18% of the world’s mineral exploration spending and Toronto is the global capital of mining finance — it makes sense that we host the industry’s most important networking and educational event here,” says PDAC President Glenn Nolan. “We’re looking forward to another banner year for the PDAC Convention.”

Now in its 81st year, the convention attracts investors, analysts, mining executives, geologists, prospectors and international government delegations from all over the globe. In 2012, 25% of convention delegates were international.

“The convention is designed to help the sector find the creative answers it needs to meet the challenges it faces,” says PDAC Executive Director Ross Gallinger. “Programming reflects economic and industry trends, and aims to provide networking and educational opportunities to encourage a healthy mineral exploration industry.”

PDAC 2013 Convention highlights:

  • Expanded Technical Program featuring 22 sessions by industry experts
  • Trade Show featuring 445 exhibitors promoting technology, products and services
  • Investors Exchange featuring 580 exhibitors — free and open to the public
  • Prospectors Tent featuring maps, samples and claim results of independent prospectors
  • Core Shack featuring the latest mineral discoveries from around the world
  • Corporate Social Responsibility (CSR) Event Series — free and open to the public
  • Aboriginal Program including a Technical Session, the Aboriginal Forum and the Skookum Jim Award
  • Student Program including the Student-Industry Networking Luncheon and the Student-Industry Forum
  • Record number of Short Courses and Workshops
  • Popular ticketed events including Luncheons, the Awards Evening and the Gala Party

For more information about the convention or to register, visit www.pdac.ca.

Convention Inquiries: Lindsay Marrugo at +1 (416) 362-1969 x228. Email:  lmarrugo@pdac.ca

Great Panther Silver has success in Mexico

By Deborah Bacal
Proactive Investors Australia

Great Panther Silver says it has been successful in underground drilling at its Guanajuato Mine Complex in Mexico, intersecting high grades in the historic Valenciana area and finding two new zones of silver-gold mineralization in the Guanajuatito region.

The drilling at Valenciana included an intercept of a whopping 2,900 grams per tonne (g/t) silver and 26.00 g/t gold over 1.30 metres, while the two new discoveries at Guanajuatito are highlighted by intersections of 1,010 g/t silver and 6.67 g/t gold over 1.10 metres and 1,460 g/t silver and 4.79 g/t gold over 1.15 metres.

“These are significant results in that they demonstrate our ability to make new discoveries at Guanajuato while continuing to expand the size and extent of the known mineralized zones,” said CEO Robert Archer, in a statement Tuesday afternoon.

Read the full article . . .

Cashed-up gold junior with huge resource

By Sean Brodrick
Uncommon Wisdom 

My ongoing quest to find the next big way to profit from the precious-metals craze often takes me to explore gold- and silver-mining projects all over the world.

Last week, I had the chance to get up-close-and-personal with a company that’s sitting on a goldmine of opportunity … literally! And I’d like to share this video interview with you today.

I was in Vancouver recently, speaking at the Cambridge House Resource Investment Conference. While I was there, I had a chance to chat with Rob Grey of Exeter Resource Corp. (XRA on the NYSE-AMEX, XRC on the TSX) — a developer and explorer with operations in Chile.

The company has already successfully developed and sold projects in Argentina that were bundled into a company called Extorre.

Read the full article . . .

Canadian miners hit by conflicts in Peru

By Jonathan Manthorpe
The Vancouver Sun 

Hundreds of local farmers besieged the exploration mining camp of Vancouver-based Candente Copper Corp. in northern Peru last week after clashes with police in which at least four people were wounded.

The protests against the Canariaco project in Peru’s northern region of Lambayeque, in which up to 20 people have been wounded by police bullets according to local doctors, is the latest in about 150 similar disputes between local people and mining operations in the last five years.

But in a statement last week Candente’s chief executive Joanne Freeze insisted “There are business interests working to make it look like a community issue. It is pretty well known that this is not what it appears to be.”

Read the entire article . . .

Gold bugs gloat as Nadler leaves Kitco

By Michael Allan McCrae
MINING.com 

Jon Nadler

The pro-gold group is gleeful after Friday’s news that analyst and bullion’s damp squib, Jon Nadler, is leaving Kitco.

Nadler’s former employer announced his leaving in a press release.

“We appreciate Jon’s contributions to the company and wish him well,” wrote John Dourekas, Media Director for Kitco.

“Jon played a significant role in making expert commentaries an important feature of Kitco.com. We sincerely thank him for all the years on our team and wish him the very best in his future endeavors.”

Read the full article . . .

Global trends in silver mining

By Scott Wright
SilverSeek.com

Over the course of silver’s secular bull, the miners have steadily increased production in order to meet fast-growing demand. And in 2012 mine production exceeded 24k metric tons (770m+ ounces), an all-time production high and 28% increase over 2001. As an investor interested in silver’s structural fundamentals, this rapid growth begs a question. Where in the world is this silver coming from?

In our modern information age we can ask questions like this and easily find the answer. And we need look no farther than the data provided by the U.S. Geological Survey. The USGS is a global authority in collecting, analyzing, and disseminating information on both domestic and international mineral supply and demand. And for silver it dutifully provides annual detailed country-level mine production data.

My preferred way to distill data like this is visually, via crafting a custom chart to paint a clear picture. And in the chart below I plot the bull-to-date global silver-mining trends for the world’s top dozen silver producers using the USGS’s initial 2012 estimates that were released just this week.

Read the entire article . . .

Two ways to go big on gold stocks

By Don Miller
Money Morning

There are plenty of reasons for you to have some gold stocks in your portfolio.

Governments are stockpiling record amounts of the shiny metal. Mints are pumping out new coins as fast as they can. And the Fed under “Helicopter” Ben Bernanke is wallpapering the world with greenbacks, pumping out $85 billion a month until … well, who knows when?

But there’s more.

The Europeans have joined the party by bailing out their weak sisters with hundreds of billions of euros. And the Bank of Japan just announced a $1.2 trillion bond purchase program for 2013 and $150 billion per month after that — almost twice the size of the Fed’s folly.

Read the full article . . .

Brent Cook: 2013 good year to buy juniors

Author and geologist Brent Cook says that one-third of junior miners could disappear this year. But, the good news is the coming year will also offer values for quality assets and companies. For investors, the purge of struggling companies focuses the money on quality.

Cambridge House Live anchor Bridgitte Anderson interviewed Cook at Cambridge House International’s Vancouver Resource Investment Conference last week.