Uncertainty, Recession Potential, Metals Outlook: PDAC 2022, Day 1


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The annual Prospectors and Developers Association of Canada (PDAC) convention is now underway after being rescheduled from its original March date due pandemic-related restrictions.

#PDAC2022 #mining #investing

The three day event, which runs at the Metro Toronto Convention Center from June 13 to 15, has moved back to its usual in-person format after the 2021 conference was held entirely online; a digital component will follow from June 28 to 29.

Despite noble efforts from PDAC organizers, registration delays at the event led to massive lineups and bottlenecks on day one; they were resolved by the noon hour.

Sentiment at this year’s event is mixed, with most investors concerned about rising inflation, the potential for a recession and economic policy. While prices for many commodities are running high due to supply chain difficulties, war and rising demand, stock market bearishness has eroded investor confidence and increased their risk aversion.

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