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
Credit: Mining.com A recent report by market intelligence company Fitch Solutions has highlighted the importance of renewable energy generation to mining companies operating in Sub-Saharan Africa. The prevalence of off-grid remote mineral deposits, combined with an excellent solar resource, and energy security concerns caused by unreliable grid-power, has already led companies such as Newmont, IAMGOLD, and Read More
As of October 31st, the Telson Mining Corporation has signed into effect a 10-year term "take-or-pay" renewable power purchase agreement with solar provider Energia Solar. This “Green Energy Agreement” will provide electricity to Telson's Campo Morado mine, an underground multi-metal mine located in Mexico and capable of processing 2,500 tonnes of ore per day. Telson expects to see significant energy cost-savings through the Read More
Newmont Mining Corporation, one of the world’s largest gold producers, has deployed Cambridge Energy Partners' (CEP) redeployable Nomad solar PV tracker in an effort generate lower-cost renewable electricity, and to offset energy demand, at its Akyem Mine. The Nomad's prefabricated design features single-axis tracking technology and its 30 kW segments are both scalable and quick to install. Able to be redeployed, the Nomad 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
Goro Mine Tailings Dam By Barsamuphe (Own work) [CC BY 3.0], via Wikimedia Commons. Pressure is mounting on mining companies to ensure they’re operating within their social licenses, Deloitte National Mining Leader Nicki Ivory says. Stakeholders have been questioning whether the industry is doing so, in light of a spate of accidents and concerns about climate Read More
A rendering of SolarReserve's 390 MW Concentrating Solar Power (CSP) Likana Solar Project. Credit: SolarReserve. Chile is charging full speed ahead with advanced solar energy. The Chilean government recently granted environmental approval for the Likana Solar Energy Project, a new solar power station slated for the Antofagasta region of Chile. The Likana project will provide 390 Read More
Leading garnet producer GMA Garnet has signed a long-term power purchase agreement (PPA) with Advanced Energy Resources (AER), the partners announced at the Energy and Mines Australia Summit in Perth on Friday. The arrangement will see the construction of a 3 megawatt wind and solar farm with battery storage near the picturesque pink lakes of Port Read More
The price competitiveness of renewables has increased significantly in recent years, making it possible for alternative energy to now compete with traditional energy sources in many regions, observes Francesco Venturini, CEO of Enel Green Power. In a Thought-Leader interview published in advance of the Energy and Mines World Congress, Venturini provides expert insight on renewables for Read More
A new study released in South Africa concludes that renewable energy is 40% cheaper than new baseload coal-fired power stations. The report was compiled by Council for Scientific and Industrial Research (CSIR) Energy Centre. “We now know from transparent, tariff-based procurement processes what the cost of new solar PV, wind and new coal baseload is. The result Read More
