PDAC 2019, Day 3: Notes from the Floor

The third day of the annual Prospectors and Developers Association of Canada (PDAC) convention kicked off in Toronto, Canada on March 5, featuring presentations on topics such as how to win in the next commodity cycle.

The Investing News Network (INN) also sat down with industry experts like John Kaiser, Guy Bourassa and Brien Lundin to touch base on different aspects of the sector.

For a full recap on INN’s coverage of PDAC Day 3, scroll down for more.

In a seminar dubbed ‘Winning in the next commodity cycle’, a variety of experts from management consulting firm McKinsey & Company gave individual presentations on how to thrive in multiple commodity spaces.

Speaking about the future of electric vehicles and battery materials was Ken Hoffman, who explained necessities for the EV market to outperform the petro-fueled competitors.

Hoffman went on to say that it was “quite feasible to have a 1,000 kilometre car that you only have to charge once a month.”

Also speaking was Matthieu Dussud, who honed in on the necessity for companies to apply “more rigor” to capital project feasibility studies. Dussud explained that complexities that arise during a project’s development – costing the company more money in the process – can stem from a “lack of proper analysis” during the feasibility study stage.

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Continuing the electric vehicle theme, INN attended a panel later in the day that revolved around energy storage and commodity inputs for the growing industry. Speakers at the panel included Cobalt 27 (TSXV:KBLT) chairman, CEO and director Anthony Milewski, Benchmark Mineral Intelligence Managing Director Simon Moores, and General Motors (NYSE:GM) head of open innovation Ted Graham.

Also making an appearance at the event was Canadian Prime Minister Justin Trudeau, who stopped by to discuss the country’s mining sector and how it contributes to the economy.

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Securities Disclosure: I, Olivia Da Silva, hold no direct investment interest in any company mentioned in this article.

Editorial Disclosure: The Investing News Network does not guarantee the accuracy or thoroughness of the information reported in the interviews it conducts. The opinions expressed in these interviews do not reflect the opinions of the Investing News Network and do not constitute investment advice. All readers are encouraged to perform their own due diligence.

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