PDAC: South Australia shines
South Australia on global mining stage.
As commodities continue to make a comeback, the atmosphere at this year’s Prospectors and Developers Association of Canada (PDAC) Convention in Toronto was upbeat with attendance numbers rising.
Drawing 25,606 delegates and 3,495 investors, the overall consensus was that the mining industry is now looking forward with optimism and actively seeking opportunities.
Against this backdrop, the South Australian team strengthened existing international relationships and seeded new ones, extending its focus in Latin America to Peru and Ecuador.
The team’s significant efforts saw the South Australian section of the Australian Pavilion receive a large amount of foot traffic, with visitors expressing interest in opportunities for copper, gold, uranium and emerging commodities such as cobalt and nickel. The centrepiece was certainly the South Australia Drill Core Reference Library which created a buzz for its technical prowess and workflow design that a number of nations would like to visit and replicate. Access to the state’s comprehensive information in digital format was appreciated and the globally recognised SARIG website was also a highlight for visitors.
The intensive week-long program built on South Australia’s excellent geoscience technical credentials while also ensuring that South Australia is on the radar for key international mining houses.
South Australia sent all the right signals, reiterating its strengths – as a stable geopolitical jurisdiction, underpinned by exceptional geoscientific capabilities and experienced regulators, delivering proven performance in safety, environmental and worker protection, and transparent reported standards. We shared the good news of our recent AA score for 'very low risk' mining investment and No. 1 national ranking and top 10 international ranking in the Mining Journal's 2017 World Risk Report.
At the Australia Minerals session the South Australian team presentation on emerging opportunities in the global ‘green minerals’ sector was a topic that continued to generate buzz across the conference.
South Australia’s mining equipment, technology and services (METS) industry was well represented and continues to embed innovation and technology into their business models and capabilities.
The South Australian Resources Investment Reception facilitated genuine, meaningful interactions with leading industry representatives, geological surveys and international leaders through sharing compelling geological information, expanding further on prospects for mining battery-minerals and pioneering solutions in the METS space.
The latest trends and insights from experts across fields covered technical, aboriginal, capital markets and corporate social responsibility. Stand-out topics included the use of artificial intelligence to accelerate geological exploration; the growth of electric vehicles and bottlenecks in the battery metals supply chain; and a global banker’s perspective on exploration and mining financing.
– Michael Smith and Tania Davies