Government Affairs

On March 4, 2024, PDAC, the World Economic Forum and The Intergovernmental Forum on Mining, Minerals, Metals and Sustainable Development co-hosted the ninth annual International Mines Ministers Summit (IMMS). The Summit brought together 20 ministers responsible for mining from around the world alongside leaders of industry, financial institutions, and civil society.

Held during the PDAC 2024 Convention, the event provided an important setting for the global mining community to explore challenges and opportunities affecting the industry. This year’s Summit focused on the theme Striking a Balance for Success: Responsible Mining and the Energy Transition. Discussions focused on the increasing demand for critical minerals as the world moves towards achieving the transition to low-carbon energy. Simultaneously there is an equally growing demand from society to significantly reduce negative environmental and social impacts and meet higher ESG requirements. Finding the balance between increasing rates of extraction and ensuring that sustainable best practices are employed to protect biodiversity, air quality, water resources and communities is of vital importance.

A report of the event has been prepared, and is available in English, French and Spanish. The next International Mines Ministers Summit will be held in March of 2025.