| The mining industry’s annual bash roared into life on Sunday against an unfamiliar backdrop – a market where metal prices are no longer falling and share values in the sector are actually climbing. After four years of brutal, grinding decline, the beleaguered industry is finally enjoying a spurt of good news.
Gold prices have sprinted to their best start to a year since 1980, while even grimy industrial laggards such as copper and iron ore have displayed twitches of life in recent weeks. There is, to be sure, a contradiction in these trends – gold tends to be most popular during times of economic stress, while base metals thrive when growth is strong and sure – but nobody at the opening day of the Prospectors & Developers Association of Canada (PDAC) convention in Toronto was in a mood to question the spate of upbeat developments...............................................Full Article: Source
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