PDAC has been a gathering place for people and companies involved in the search and development of new mineral deposits. Today, the PDAC International Convention, Trade Show and Investors Exchange has become the most important event in the world of exploration, bringing together a wide range of players involved in the field from all around the globe.
TSX Group is home to 60% of the world’s public mining companies and Canada has the world’s largest mining analyst community that covers both issuers on both Toronto Stock Exchange and TSX Venture Exchange.
“Our exchanges have become the world’s leading markets for raising equity capital for mining and as a result we attract numerous international mining participants,” said Richard Nesbitt, CEO of TSX Group. “Of the over 8500 projects being undertaken by mining companies that we list, nearly a third are outside of North America.”
TSX Group has seen a total of eight new mining listings on the exchanges in the first two months of 2006. In aggregate, these new listings bring an additional $430 million to the value of mining securities listed on TSX Group exchanges. This adds to the rather substantial TSX Group mining sector that is home to 1192 listed mining companies with a quoted market value of over $207 billion. In 2005, there was $166.7 billion in shares trading in the mining issues on the Toronto Stock Exchange and TSX Venture Exchange.
