“Mining companies are looking at ways to reduce their operating expenses in light of the downturn in the industry,” says Rick Rathe, Managing Director at Caterpillar, Inc. Given that 20-30 percent of operational expenses at most mines are related to energy costs, finding innovative energy solutions is appealing, he contends. “In this environment of cost-cutting and Read More
24/7's Renewable energies are meeting the Mining Industry Dr. Arnold van den Hurk, CEO, r4mining.com Renewable energy for mining presents two main benefits: it provides electricity and fuel for vehicles. In both forms, hybrid energy architecture can be found in both hybrid power grids (mini grids) and hybrid fuels vehicles. This new approach to analyze Renewables for Mining Read More
Since 2011, the country has postponed $21.5 billion worth of mining projects due to social conflicts and bureaucratic obstacles, according to data provided by the Peruvian Institute of Economics. Peru, where more than 50 percent of its exports comes from mining copper, gold and silver, has faced rural communities’ opposition to mining projects since 2010. From then Read More
Metals and mining multinational Vedanta Group is planning to enter the solar segment in India by bidding for some 500 MW of government projects, The Economic Times said Thursday, citing people familiar with the matter. At first, the company was looking into the possibility of acquiring already operational photovoltaic (PV) assets. Later it decided that it Read More
Reaching financial close with renewable energy projects for mining companies is one of the biggest challenges for the growing sector of renewables for mines. Voltiq, a financial advisory firm specializing in renewable energy and transmission, is developing an innovative financial instrument for renewables for mines that offers price flexibility for mine offtakers while delivering price certainty Read More
October 1, 2015, Toronto, ON - The Honourable Bill Bennett, BC Minister of Energy and Mines, is confirmed to provide a keynote presentation at the 3rd annual Energy and Mines Toronto Summit taking place October 22-23. Minister Bennett will discuss potential collaboration between the mining and renewable energy sectors to drive down operational energy costs for Read More
Join leading mining and renewables experts for a webinar next Thursday October 8th at 11.00 AM EST - click here to sign up. This hour-long webinar will offer current insight from Caterpillar, the leading supplier of diesel generators to the mining sector, on the business pressures and energy priorities of the mining sector. It will also Read More
Australia’s first commercial solar plant used to displace diesel has commenced operation at mining giant Rio Tinto’s Weipa bauxite mine in Queensland. US-based PV manufacturer and developer First Solar’s 1.7MW capacity plant is expected to generate 2.8GWh of electricity each year. It will provide up to 20% of the daytime electricity demand of the remote mine’s Read More
The global mining sector is facing a tough business environment with low commodity pricing, rising energy costs and constraints, increasingly remote locations and heightened stakeholder opposition. In this environment, the need to reduce operational power costs and gain stakeholder buy-in is critical to success and mining leaders are increasingly interested in the role that renewable energy Read More
Catharine Farrow is a professional geoscientist with over 20 years of mining experience. Since 2012 she has been leading TMAC Resources as CEO and Director. She also heads FarExGeoMine where she provides independent consultant services on integrated solutions to the mining industry. TMAC is a Canadian-based exploration and development company with current operations in the Arctic Read More
