Daily Mining Industry Report: April 26, 2025

Daily Mining Industry Report: April 26, 2025

🇨🇦 Canadian Highlights

Alberta Lifts Coal Moratorium, Grassy Mountain Project Resurfaces

In January 2025, Alberta lifted its moratorium on new coal exploration and development in the Eastern Slopes of the Rocky Mountains, reinstating the 1976 Coal Policy. This decision allows projects like the Grassy Mountain Coal Project to proceed under existing regulations, despite previous environmental concerns and public opposition. ​Wikipedia+1Wikipedia+1

Ontario's Mining Bill Faces Environmental Criticism

Ontario's proposed mining legislation, aimed at expediting project approvals, is under scrutiny from environmental groups. Critics argue that the bill undermines protections for endangered species and ecosystems, potentially leading to significant ecological impacts. ​Yahoo Finance

Canadian Securities Regulator Pauses Climate Disclosure Mandate

Canada's first sustainability and climate disclosure standards are on hold as regulators respond to feedback from businesses facing economic uncertainties. The pause reflects concerns about the readiness of companies to comply with new reporting requirements amid challenging market conditions. ​Carbon Pulse+1Carbon Pulse+1

🌍 Global Developments

U.S. Accelerates Deep-Sea Mining Initiatives

President Donald Trump signed an executive order to expedite the exploration and development of seabed minerals, aiming to bolster domestic supply chains and reduce dependency on foreign resources. The order mandates rapid development of U.S. capabilities in deep-sea mining, bypassing international regulatory negotiations led by the International Seabed Authority. ​Mining Technology+1Wikipedia+1The Verge+1Mining Technology+1

Chile Approves Codelco-SQM Lithium Partnership

Chile's competition regulator has approved the partnership between state-owned Codelco and lithium producer SQM. This alliance is expected to strengthen Chile's position in the global lithium market, essential for electric vehicle batteries and renewable energy storage.

⚙️ Technological Advancements

Sandvik Secures Largest BEV Order from South32

Mining equipment manufacturer Sandvik has received its largest order to date for battery-electric vehicles (BEVs) from South32. The order includes 22 vehicles, marking a significant step towards electrification in underground mining operations. ​Mining Magazine

Eurasian Resources Group Implements AI at Kazakhstan Operations

Eurasian Resources Group is deploying artificial intelligence technologies, including autonomous dump trucks and an advanced Manufacturing Execution System, at its Kazakhstan operations. This initiative is part of the company's digital transformation strategy to enhance efficiency and safety.

📈 Market Trends

Gold Prices Decline Amid Easing Trade Tensions

Gold prices have fallen by 2% as signs of easing trade tensions emerge, leading to a 1% weekly drop despite recent record highs. Investors are adjusting their positions in response to the shifting geopolitical landscape. ​MINING.COM

Global Copper Processing Dominated by China

A recent analysis reveals that China controls over half of global copper processing, highlighting a significant concentration in the supply chain. This dominance raises concerns about supply security for other nations reliant on copper for various industries. ​MINING.COM

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