PDAC 2024: The World’s Premier Mineral Exploration & Mining Convention

The EITI attended PDAC 2024 in Toronto from 3 to 6 March.

3 – 6 March 2024

Where: Toronto, Canada

When: 3-6 March

PDAC 2024: The World’s Premier Mineral Exploration & Mining Convention is the leading event for people, companies and organisations connected to mineral exploration.

3 Mar
6 Mar

Day 1

10:00–13:00

par EITI, IGF and GIZ

10:00–13:00

Niagara Meeting Room Intercontinental Hotel, Toronto

Interprétation : EN-FR-SP

The energy transition’s minerals demand is creating opportunities and challenges for citizens in mineral-rich countries. This session, part of PDAC 2024 and hosted by the EITI, IGF and GIZ, explored how benefit sharing can build trust between stakeholders to underpin the mining sector’s growth.

Intervenants

Carolyn Burns

Executive Director, Devonshire Initiative

Intervenants

Martín Rafael González

General Director of Mining Development, Secretariat of Economy, Mexico

Intervenants

Rinaldo Jeanty

Associate Assistant Deputy Minister, Lands and Minerals Sector, Natural Resources Canada

Moderator

Nicolas Maennling

Principal Advisor, Regional Cooperation for the Sustainable Management of Mineral Resources in the Andean Region, GIZ

Intervenants

Esteban Manteca Melgarejo

Regional Director – Latin America & the Caribbean

Intervenants

Marcelo Adrián Murua Palacio

Minister of Mines of the Province of Catamarca, Argentina

Intervenants

Richard Price

Legal & Corporate Affairs Director, Anglo American

Intervenants

Yessica Prieto Ramos

National Director, Projects and Research, Crudo Transparente, Colombia

Moderator

Marina Ruete

Senior Law Advisor, IGF

Intervenants

Aurora Williams Baussa

Minister of Mines of Chile

Day 3

9:45–10:45

par EITI and Natural Resources Canada

9:45–10:45

Room 715

Speakers at this session provided guidance for junior and exploration companies on Canada’s Extractive Sector Transparency Measures Act (ESTMA), and aspects of the new 2023 EITI Standard that apply to exploration companies operating in the 57 countries that implement the EITI globally.

Extractive sector transparency requirements continue to evolve, with expanded requirements and increased emphasis on compliance and data accessibility. Natural Resources Canada and the EITI will co-host a session to provide guidance for junior and exploration companies on Canada’s Extractive Sector Transparency Measures Act (ESTMA), and aspects of the new 2023 EITI Standard that apply to exploration companies operating in the 57 countries that implement the EITI globally. This session supported exploration and junior mining companies in understanding their reporting obligations, common reporting errors and opportunities to improve performance. Additionally, participants developed a better understanding of the data that is produced and where to find it.

Intervenants

Nicholas Cotts

Newmont Corporation, Strategic Advisor

Intervenants

Joanne Jones

Strategy & Communications Director

Moderator

Emily Nickerson

Deputy Director, Natural Resources Canada

Intervenants

Jacques Radder

Director, PwC, Calgary, Canada

Further EITI engagements

EITI also took part in partner events at PDAC in Toronto:

The Critical Minerals Rush: Risk Implications of Acceleration in Mining Development

Wed 6 Mar
8:30-9:30

Shangri-La Toronto

Hosted by MARSH

Energy systems powered by low-carbon energy technologies differ profoundly from those fueled by traditional hydrocarbon resources. Critical minerals such as copper, lithium, nickel, cobalt and rare earth elements are essential components for such transformational technologies. According to the International Energy Agency (IEA), total demand for critical minerals will more than double by 2030; and by 2050, expected to grow by over seven times. This rapid growth requires countries, energy policy makers, investors and the mining sector to consider potential new and heightened vulnerabilities — labour shortages, increased cyber exposures, intensified operational scrutiny, geopolitical alliances, and climate change adaptation, among many others. This session aimed to explore the top risks that lie ahead as commodity production accelerates and the multidimensional mitigation strategies available today.

Panellist: Bady Baldé, EITI Deputy Executive Director

Watch the event recording.

Photo by Marcin Skalij for Unsplash