Gold mining giant Newmont Corporation has committed to a 30% reduction in greenhouse gas emissions (GHG) by 2030, and the ambition to achieve ‘net-zero’ carbon emissions by 2050. These targets come on top of Newmont’s existing program to cut GHG emissions by 16.5% over the five years ended 2020. The company intends to incorporate climate and Read More
As Zimbabwe reels from rolling power cuts due to a crippling energy shortage, the mining industry, the mainstay of the country’s economy, will invest in solar energy, a Minister said. “As the US$12 billion (mining industry growth vision) is unpacked, you will find that new power generation will come from mining companies establishing solar projects; by Read More
Photo by Sirbatch - Own work, CC BY-SA 3.0, via Wikipedia. A maze of abandoned gold mines beneath the city of Bendigo is about to power Victoria’s modern economy. The Victorian government is backing a plan to convert the Central Deborah Gold Mine into a pumped hydro site. The project will use surplus solar power to Read More
Otjikoto Mine – Namibia. Image courtesy of B2Gold website Vancouver-based gold producer B2Gold will build a 7MW solar power plant at its Otjikoto mine in Namibia, Engineering News reports. Installation is already under way, with completion scheduled for early 2018. Once online, it will reduce reliance on the heavy fuel oil-fired power plant that currently powers Read More
Australia’s gold and coal mining companies may soon be contending with large spikes in electricity costs, as they renegotiate roughly $500 million of power contracts by 2020. Miners will be signing on to new agreements in the midst of market uncertainty, which is seeing the closure of coal-fired power plants, rising gas prices, and a transition Read More
