Chilean mining giant Antofagasta is taking significant steps to increase the amount of renewable energy being used by its operations. Currently, around 21 percent of all Antofagasta's power comes from renewables, with that number increasing to over 50 percent at their main mining site at Los Pelambres. Not willing to rest on its environmental laurels, Antofagasta has 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
In an effort to mitigate the effects of climate change, and to provide sustainably-sourced raw materials to increasingly environmentally conscious consumers, major mining companies are turning to renewable power generation options. In July, Chilean copper miner Antofagasta struck a deal with Chilean utility Colbun to power it's Zaldivar copper mine with 100 percent renewable energy. In September, US gold Read More
A recent study by Goldman Sachs of the Australian gold mining industry has shown that the use of renewable energy sources could help to overcome the significant energy price hikes and drive the cost of energy down by up to 50%. According to mining giant Glencore, electricity prices in Australia have risen by 100% over the last three Read More
The last 18 months have witnessed a dramatic shift in momentum in the mining energy sector. While the previous 4 years saw just a handful of renewables in mining projects, more that a dozen have been announced in the last year and half - with many more in the pipeline. We are excited to highlight this Read More
Wiigwaasaatig Energy Inc, a subsidiary of AurCrest Gold, has signed a Letter of Intent with Mobismart Mobile Off-Grid Power and Storage for the purposes of acquiring two mobile renewable energy generation units. The units will be deployed as part of a partnership with the Cat Lake First Nation and Lac Seul First Nation and will be used Read More
The Neyveli Lignite Corporation (NLC) has announced that it will be investing Rs 1,290 billion ($17,945,190) in its power generation and mining sectors by 2025. As part of this investment, the NLC also plans to set up a number of renewable energy projects with a total generation capacity of 4251 Megawatts (MW). This would represent a significantly increased interest 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
The last 12 months has witnessed the highest number of new renewables projects for mines than ever before. Driven by the economics of reliable, low-cost renewables and the realities of carbon intensive and expensive traditional energy sources, mines are wholly engaged on energy, carbon, electrification and the potential offered by the wide range of renewable and hybrid solutions. Read More
Zimbabwean firm Karo Mining Holdings has abandoned its plans to construct a 600MW coal-fired power plant at its new platinum mining operations west of Harare and is instead moving forward with plans to build a 300MW solar project to power the mine. The decision was announced by Karo’s country manager, Josephat Zimba, after discussions with the Zimbabwean Read More
