Gold Miners: Clean Energy, Any Which Way

Gold Miners: Clean Energy, Any Which Way

Gold mining companies run power-hungry operations, with a substantial carbon footprint. Last year, for every tonne of gold produced, greenhouse gas emissions released were 32,689 tonnes, according to a report from the World Gold Council.

However, gold miners are resorting to new and innovative means to reduce reliance on fossil fuels and abate carbon footprints, according to Kitco.com.

  • Hydropower – Agnico Eagle (Nunavut), Barrick Gold (Kibali), Centerra (British Columbia), Pretivm Gold (Brucejack, Canada)
  • Solar power – Barrick Gold (Loulo-Gounkoto), Newmont Goldcorp (Ghana), B2Gold (Otjikoto, Namibia, and Fekola, Mali), Gold Fields (South Deep, South Africa)
  • Geothermal power – Newcrest
  • Wind power – Newmont Goldcorp (Cerro Negro, Argentina)
  • Battery power – Gold Fields (Granny Smith Mines, Western Australia)
  • Replace heavy fuel oil with natural gas – Newcrest
  • Switch from diesel to electric for mining equipment – Eldorado (Kisladag, Turkey), Kirkland Lake Gold (Macassa Mine, Canada)
  • Hybrid solar-diesel plant – IAMGOLD (Essakana, Burkina Faso)
  • Microgrid (gas-plus-solar-plus-wind-plus-battery) – Agnew Gold Mine (Western Australia)
  • Use waste heat recovery systems for fossil-fired generators – Barrick Gold (Nevada)
  • Transportation, no idling of on-site vehicles – Centerra (British Columbia)
  • Mine road redesign to reduce hauling distance – Kinross (Tasiast, Mauritania)
  • Process: Coarse ore flotation; autoclave partial oxidation; oxygen storage bullet; ore sorting – Newcrest

On a slightly different note, and not related to gold mining, BHP took the unprecedented step to link its CEO’s bonus to climate change metrics.

Read the Kitco.com article HERE.

Image Source: Pixabay



2019-11-01T14:33:02+00:00