SOURCE: Prospectors & Developers Association of Canada (PDAC)

Prospectors & Developers Association of Canada (PDAC)

September 29, 2015 13:00 ET

PDAC Applauds TPP Agreement to Support Canada's Exploration and Development Industry Abroad

TORONTO, ON--(Marketwired - September 29, 2015) - The Prospectors & Developers Association of Canada (PDAC) supports the Government of Canada's continued involvement in the Trans-Pacific Partnership (TPP) in order to strengthen Canada's relationship with Asia-Pacific markets.

"Access to international markets is vital for Canada's mineral exploration and mining industry," says PDAC President Rod Thomas. "Canada's exports of metals and minerals to TPP countries topped $158.6 billion per year from 2012 to 2014. Such a partnership is not only important for our industry, but also for Canada's entire economy to have secure trading relationships with these countries."

PDAC's 8,000 members invest significant financial assets across the Asia-Pacific region to explore for and develop mineral deposits. PDAC is particularly supportive of aspects of the TPP that will facilitate two-way investment, including protection for investors that provides greater clarity, certainty and transparency. PDAC also supports TPP commitments that ensure sustainable development is a priority as it relates to labour and the environment.

"Canada's mineral exploration and mining industry competes on the global stage," adds Thomas. "PDAC, therefore, supports the Government of Canada and TPP participating countries to continue negotiations and conclude an agreement for our mutual benefits."

About PDAC
The Prospectors & Developers Association of Canada (PDAC) is the national voice of Canada's mineral exploration and development industry. With a membership of over 8,000, the PDAC's mission is to promote a responsible, vibrant and sustainable Canadian mineral exploration and development sector. The PDAC encourages leading practices in technical, environmental, safety and social performance in Canada and internationally. PDAC is known worldwide for its annual PDAC Convention, regarded as the premier event for mineral industry professionals. The PDAC Convention has attracted over 25,000 people from 125 countries in recent years and will next be held March 6-9, 2016, in Toronto. Please visit www.pdac.ca.

Contact Information

  • Contact
    Kristy Kenny
    Coordinator of Communications
    Prospectors & Developers Association of Canada (PDAC)
    kkenny@pdac.ca
    416 362 1969 x233