"Our clients invest significant resources in geophysical surveys, and fluctuations in funding availability can significantly impact the industry's health."
"We are excited about the opportunities in the industry, but we also recognize the need to address challenges such as the skilled labor shortage and attracting new talent to mining."
"The biggest challenge is that mineral projects take a long time to explore and develop, while markets offer comparatively short windows for financing."
PRESIDENT, PROSPECTORS & DEVELOPERS ASSOCIATION OF CANADA (PDAC)
"Not only do we bring the mineral industry together at our world-class event each year, but we also work to be a respected voice for our members to the Government of Canada."
After five months in Lima and more than 130 interviews, the conversations with C-executives along the Peruvian mining value chain touched on various topics. These included production targets, drilling results, the benefits of new technologies like the so-called “digital twins” to replicate reality in a virtual environment, and even the use of cartridge valves. However, a recurring theme in almost every interview, and perhaps the most significant one in relevance, is Peru's loss of its position as the second-largest copper producer to the Democratic Republic of Congo.