Technologies in renewable energy sources, such as wind, solar, hydroelectricity and bioenergy, are improving, making them cheaper and attractive; however, lower commodity prices and tighter margins are among the barriers miners face when adopting these alternatives, panelists said at the recent Energy and Mines summit in Toronto. Stephen Letwin, Iamgold’s (TSX: IMG; NYSE: IAG) president and Read More
Tom Butler, CEO of ICMM, has written to Christiana Figueres, Executive Secretary of the UN Framework Convention on Climate Change to offer support for an international climate change agreement. The letter included the following statement on climate change, endorsed by the CEOs of the 23 ICMM member companies which collaborate to promote responsible mining. ICMM Statement Read More
THEnergy signs a contract with an international renewable energy finance company to support in the development of a pipeline for off-grid projects Munich, October 2015 – A renowned international finance company has mandated THEnergy to build a pipeline of off-grid renewable energy projects. Its subsidiary is establishing an off-grid fund with a planned EUR 100–200 million Read More
By Ryan Jansen and Damian Rohraff There are several off-grid communities and industrial sites in Saskatchewan that use diesel generators to meet their electrical power needs. Generally these systems are able to perform their basic function and provide reliable power. However, they present some challenges as well. Fuel costs make up the bulk of operational expenditures Read More
British Columbia’s economy had historically been firmly rooted in mining and, with a slew of new projects progressing through the permitting stage, the provincial government was ready for them to plug into its vast grid, brim-full of renewable electricity, and to support miners’ efforts to implement renewables projects at their mine developments. British Columbia Minister of Read More
Mine operators are in the current subdued economic reality increasingly looking at renewable electricity sources as a way to reduce current and future costs at operations; however, lower commodity prices hinder the widespread adoption of renewables, as falling profits and lower fuel prices maintain certain barriers. This had resulted in miners shifting their primary motivation for Read More
The genset industry reacts to growing hybrid markets with a new approach that overcomes limitations of traditional gensets and reduces operating costs for mining companies. Munich/Copenhagen, October 2015 – Gensets are typically optimized for efficient operation at their optimal load points. In so-called solar–diesel hybrid applications, gensets balance the intermittencies from the solar plant – for Read More
TORONTO, ON- Over 300 attendees from the mining industry and the renewable energy sectors are expected at the 3rd annual Energy and Mines Toronto Summit next week. Senior energy decision-makers from the mining industry will join renewable energy experts at the Toronto Marriott Downtown Eaton Centre on October 22-23 to discuss the opportunities and challenges for Read More
Prinesha Naidoo (Via: Moneyweb) JOHANNESBURG – South Africa’s mining directors did not act fast enough in response to the country’s energy challenges. That’s according to Thomas Garner, CEO of Cennergi, an independent power producer. Participating in a panel discussion about the energy crisis and changing energy mix at the Joburg Indaba, Garner said the stability of the Read More
In a joint statement issued last Wednesday, 14 global organizations including coal provider Rio Tinto and oil giant Royal Dutch have agreed to reduce greenhouse gas emission and address climate change issues during the United Nations Climate Change conference in Paris next December. The document highlights the meeting as a “critical opportunity to strengthen efforts globally Read More
