South Africa’s Minerals Council finds that the additional expense for miners from the new carbon tax could be as high as R5.5 billion annually. The council extrapolated this estimate from a survey of 18 companies. South Africa and a host of other countries implemented a Carbon Tax with effect from June 1, 2019. The tax is Read More
Renewable energy installations across the globe have risen from less than 100 MW before 2011 to 1,800 MW per year in 2018. Mining companies in Africa have not been far behind. Technological advancement, changes in climate policies, and the falling cost of renewable energies have made them a viable alternative in Africa. Examples of renewable energy Read More
Minerals Council of Australia (MCA) CEO Brendan Pearson is out of a job following BHP’s split with the organization on climate and energy policy last week. Pearson announced his resignation on Thursday. Over nearly a decade with the group, including three and a half years as CEO, Pearson actively campaigned against the Resource Super Profits Tax Read More
Carbon price regulations are boosting the case for renewables at mine sites by making them more financially viable, says one of Newmont Mining Corporation’s chief metallurgists, Frank Roberto. “Right now, without considering the cost of carbon, we default to the traditional sources of power. But, with the cost of carbon factored in, that gives us the opportunity to Read More
Gold miners work in the open pit mine at Agnico Eagle's Meadowbank site near Baker Lake, Nunavut. Credit: Canadian Press. Major Nunavut employer Agnico Eagle sent a missive urging investment in renewable energy as an alternative to a carbon tax to Nunavut Premier Peter Taptuna last month, citing concerns about cost.The company owns the Meadowbank Gold Read More
Carbon price regulations are boosting the case for renewables at mine sites by making them more financially viable, says one of Newmont Mining Corporation’s chief metallurgists, Frank Roberto. “Right now, without considering the cost of carbon, we default to the traditional sources of power. But, with the cost of carbon factored in, that gives us the Read More
Canada’s resource-rich province Alberta will roll out details around its plan to promote renewable energy and end coal-fired electricity by 2030 as soon as this fall, says Premier Rachel Notley. “We will set out more detail on how we will promote the construction of clean, renewable energy — wind, solar, thermal and hydropower — efficiently, economically Read More
