"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."
MACIG 2025 - Mining in Africa Country Investment Guide
It is said that mining is a patient industry. Current demand projections are not. Demand for minerals deemed ‘critical’ is set to increase almost fourfold by 2030, according to the UN. Demand for nickel, cobalt and lithium is predicted to double, triple and rise ten-fold, respectively, between 2022 and 2050. The world will need to mine more copper between 2018 and 2050 than it has mined throughout history. 2050 is also the deadline to curb emissions before reaching a point of ‘no return.’ The pace of mineral demand and the consequences of not meeting it force the industry to act fast and take more risks. Mining cannot afford to be a patient industry anymore. The scramble for supply drives miners back to geological credentials, and therefore to places like the African Central Copperbelt.