PDAC: Exploring 30 years of global gold endowment with Flydentity’s Douglas Silver
The first keynote address of this year’s Prospectors and Developers Association (PDAC) of Canada convention was particularly germane given that PDAC is the world’s largest mining conference, most publicly listed mineral companies are Canadian, and the majority of these have gold mining operations.
The talk, entitled The fate of gold deposits, was delivered by Douglas Silver, CEO of Flydentity LLC. He explored global gold endowment over the past 30 years.
Silver said the idea for the talk started when he asked the question “What happened to the gold deposits of 1989?” during a keynote speech in 2019 at the 30th anniversary of the Denver Gold Group, which he founded in 1989.
He first started by developing a database containing 2,748 gold deposits dating back to 1989.
“I then systematically went through over 5,500 company websites on the Goldsheets mining directory to update old deposits and add new deposits,” he explained. “Missing data was fleshed out using The Northern Miner and the Mines Handbook, with specific data from Stockwatch, and I backfilled with data extracted from hundreds of NI 43-101 reports and company press releases,” he said.
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