Northam expands credit facility to fund green energy
NORTHAM Platinum has increased its revolving credit facility R2bn to R13.3bn, giving the South African miner firepower to accelerate a renewable energy programme targeting more…
AngloGold Ashanti’s takes critical step on decarbonisation journey
ANGLOGOLD Ashanti has announced the successful completion of a major renewables project to create the largest hybrid power system in Australia’s mining sector.
B2Gold completes expansion of Fekola solar plant
CANADIAN gold miner B2Gold said on Wednesday its solar plant project at Fekola mine in Mali was “complete and operational” following an expansion. The 22MW expansion to 52MW of…
RBM to reduce emissions 60% after securing third power deal
RICHARDS Bay Minerals (RBM) on Thursday announced a third renewable energy supply agreement which will see the KwaZulu-Natal operation reduce greenhouse gas emissions by 60%. In…
Implats signs deal to supply IRS with renewable power
IMPALA Platinum (Implats) said on Monday it had signed a power purchase agreement with a renewable energy aggregator that will supply 90% of energy requirements for the miner’s…
Anglo delivers last of 10 Capesize+ vessels fuelled with LNG
ANGLO American said it had delivered the last of 10 cargo ships powered with liquefied natural gas after the Ubuntu Liberty completed its maiden voyage from China to Saldanha Bay…
How the science of carbon capture aids just transition
Close to a quarter of a million workers are employed in the coal industry, hence any discontinuation of this fossil fuel cannot be spoken of without considering the…
Conversation about coal’s future is at a critical juncture
IN the dialogue on energy sustainability, coal often finds itself at the centre of a contentious debate. As economies navigate the intricacies of climate change, economic…
Deal shy Bristow to break form as Barrick eyes copper
BARRICK Gold CEO Mark Bristow has been grumbling about other people’s deals for nearly three decades. Yet nearly every year the gold sector finds new ways to merge and acquire.…
AngloGold to build major renewable plant for Australian mine Tropicana
ANGLOGOLD Ashanti is to build one of the largest renewable energy projects in Australia as part of a wider plan to cut Scope 1 and 2 greenhouse gas emissions by 30% by 2030, said…
B2Gold to expand solar capacity at Fekola as targets 30% GHG cut by 2030
B2GOLD is to expand solar power generation facilities at its Mali mine Fekola as part of a strategy to reduce scope 1 and 2 emissions 30% by 2030. The 30MW plant will be expanded…
Sandfire appoints South32 executive Brendan Harris as new CEO
SANDFIRE Resources said it had appointed Brendan Harris as the company’s MD and CEO following the resignation of founding CEO, Karl Simich. Harris is currently chief human…
Glencore says coal reduction plan “overwhelmingly supported” following Climate Resolution talks
GLENCORE said its strategy of gradually depleting its coal resources was “overwhelmingly supported” by the majority of its shareholders. This followed discussions with…
Centamin may tap into Egyptian power grid in order to end diesel fuel reliance
CENTAMIN is in discussion with the Egyptian government regarding supply of grid power to its Sukari gold mine that will enable the firm to entirely cut diesel consumption. Martin…
RBM unveils plans to build 130MW solar plant in Limpopo province by 2024
RICHARDS Bay Minerals (RBM) today announced plans to build a 130MW solar power plant – equal to 300GW/h in energy generated over a year – following an agreement with Voltalia, an…
Anglo launches €745m bond with incentives for holders if group fails ESG targets
ANGLO American has launched a €745m bond linked to meeting certain sustainability targets and which builds in benefits accruing to bondholders should the UK-listed miner fail to…
Barrick links extended $3bn credit facility to how it performs in sustainability
BARRICK Gold has extended a $3bn revolving credit facility by a year to 2027, switched the facility’s floating rate mechanism and linked the facility to sustainability linked…
First Quantum guides to new record copper output in 2022, adopts dividend policy
FIRST Quantum Minerals forecast copper production in 2022 of between 810,000 to 880,000 tons increasing to between 840,000 and 910,000 tons next year with some 55% derived from…
Sacrificing development for climate is a poor debate mining executives say
THE view of three mining executives polled by Miningmx is that a discussion about reducing greenhouse gas emissions can’t exclude the rights of people in poorer economies,…
Miners not doing enough to meet UN targets on greenhouse gas emissions
THE mining sector is not doing enough to meet the United Nations’ goals in limiting global climate warming to two degrees Celsius above pre-industrial levels, according to a…