AFRICA Gold Fields is a ray of sunshine in Australia...

Gold Fields is a ray of sunshine in Australia after lau…

-

- Advertisment -


Gold Fields’ renewable energy project at Agnew gold mine in Australia. (Photo: Twitter/@CMEWA)

Global mining house Gold Fields has completed building one of the world’s largest renewable energy microgrids to help power its Granny Smith gold mine in Australia. This is in stark contrast to South Africa, where the company is still waiting for the green light for a solar plant at its South Deep mine.

Gold Fields said in a statement on Wednesday 7 October that “the new hybrid power system, which has been integrated with an existing gas-fired power station, is powered by more than 20,000 solar panels and supported by a 2MW/1MWh battery system”.

The company added that it “will reduce the mine’s fuel consumption by 10%-13% – the equivalent of removing 2,000 cars from the road. In total, the solar, thermal and battery storage assets will produce around 18GWh of energy every year, with carbon emissions at the mine expected to be reduced by about 9,500 tCO2-e.”

Mining companies have been under growing pressure, pointedly from shareholders, to clean up their environmental act – including reducing their carbon footprint. In the case of Gold Fields’ Granny Smith mine, its location in the sunny centre of Western Australia makes it an ideal candidate for solar power.

South Africa is also known for its sunshine, yet Gold Fields has been waiting for three years for approval for a 40MW solar project at its South Deep mine to reduce its reliance on unreliable Eskom. 

It is one of the countless examples of delays on this front in the face of the pressing power crisis that many regard as the biggest threat to South Africa’s economy. Such dithering also highlights in an unflattering way the divergent investment and policy environments between the two jurisdictions. 

In August, Gold Fields CEO Nick Holland said the company hoped to get regulatory approval for the project in a month or two. 

On 19 October, Gold Fields will hold a webinar on ESG (environmental, social and governance concerns) developments at the company. Hopefully, it will be able to announce by then that it has the go-ahead for the initiative. 

That would be a ray of sunshine for South Africa’s own efforts to combat the climate crisis. DM/BM/OBP


Michael
Located in San Francisco, IT specialist, lead product, marketing, operations and engineering teams as chief operating officer. He has a black belt in katate.

Latest news

Madcap James Bond ideas that didn’t make the cut — from 007 dressing as Jesus to a David Bowie villain – Bukipress

JAMES BOND is famed for squeezing out of tight spots in pretty miraculous ways. But an eccentric idea by film...

We need to end lockdown quickly & there can be no turning back this time – Bukipress

BORIS Johnson stands on the cusp of another critical moment in his epic battle with Covid. Last April, of course,...

Kelly vs Avanesyan LIVE RESULTS: Stream, TV channel, undercard for big night of boxing at Wembley Arena – latest updates – Bukipress

JOSH KELLY faces the biggest night of his career this evening as he fights David Avanesyan for the European...

Liverpool eye Lucas Ocampos transfer but £56m release fee for Sevilla winger could be potential stumbling block – Bukipress

LIVERPOOL are reportedly interested in signing Sevilla winger Lucas Ocampos this summer. But the 26-year-old’s £56m release fee could scupper...
- Advertisement -

Ant & Dec name Saturday Night Takeaway’s angriest prank victims saying Gordon Ramsay still sends ‘chilling’ texts – Bukipress

ANT McPartlin and Dec Donnelly have revealed the stars they left shaking with rage after their elaborate wind-ups. The pair...

Eugenie’s sweet tribute to Philip with baby name emphasises ‘Harry’s lack of respect’ towards royals, says royal author – Bukipress

PRINCESS Eugenie’s moving tribute to Prince Philip emphasises “Prince Harry’s lack of respect” towards the royal family, says a...

Must read

- Advertisement -

You might also likeRELATED
Recommended to you