Daily Mining Industry Report: June 18, 2025

Daily Mining Industry Report: June 18, 2025 🇨🇦 Canadian Highlights Nova Scotia Streamlines Mining Approvals Nova Scotia introduced a phased permitting model allowing erosion and sediment control plans to be submitted after environmental assessments. A specialized team will expedite mining approvals, aiming to reduce delays and improve efficiency. Canada Urged to Update Critical-Minerals Data Experts warn that Natural Resources Canada lacks updated domestic processing data for critical minerals. The gap could undermine informed policy development and investment decisions unless addressed promptly. Deep-Sea Mining Investment from Korea Zinc Korea Zinc has taken a 5% stake in Vancouver-based The Metals Company, investing US$85 million to support deep-sea polymetallic nodule mining. The move addresses supply chain diversification but raises environmental concerns. Goldboro Project Advances in Nova Scotia NexGold’s Goldboro gold project received "complete" status in the provincial Industrial Approval process. A final regulatory review is expected within 60 days, marking a key milestone. Midland & SOQUEM Launch Quebec Program Midland Exploration and SOQUEM commenced a C$1 million summer drilling campaign targeting gold and critical minerals in Quebec’s Labrador Trough. Hudbay & SSR Resume Post‑Wildfire Operations Following evacuation orders in Manitoba and Saskatchewan, Hudbay Minerals reopened its Snow Lake sites and SSR Mining resumed work at Seabee, demonstrating improved resilience. 🌍 Global Developments US EXIM to Fund Greenland Rare Earths Project The US Export‑Import Bank is assessing a US$120 million loan to Greenland’s Tanbreez rare-earth project—a strategic first for US investment in critical mineral mining abroad. Barrick’s Mali Mine Under Judicial Control Malian authorities have placed Barrick Gold’s Loulo‑Gounkoto complex under provisional administration amid an ongoing tax dispute, halting its inclusion in the company’s 2025 forecast. ⚙️ Technological & Regulatory Trends Tele‑Remote Mining in Saskatchewan: Continued leadership from Nutrien's Cory Mine in remote operation systems enhances safety and efficiency. Smart Machinery from China: Chinese OEMs like XCMG are preparing autonomous, digitally-enabled equipment for global mining operations. 📈 Market & Strategic Outlook Deep‑Sea Minerals on the Rise: Investments from Korea Zinc and US EXIM signal growing interest in deep-sea and Arctic mineral projects. Resilience Through Remote Systems: Wildfire interruptions underscore the operational value of remote and autonomous mining systems. Governance & Data Gaps: Canadian and global examples show how permitting reforms and data accuracy remain vital for sustainable industry expansion.

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