Welcome to Creamer Media’s Resources Watch, a weekly video round-up of the events and people making and shaping the news in the mining industry.
This week:
African miners note benefits of investing in renewables
Gold Fields board approves R660m construction of 40 MW solar plant at South Deep
And, Net zero gold a ‘realistic prospect’
The mounting pressure by governments and investors on industries globally to reduce emissions, coupled with favourable economics and the need for reliable and cost efficient power, are increasingly nudging mining companies towards considering renewable energy.
Centamin CEO Martin Horgan:
Gold Fields' board has approved the construction of a 40 MW solar plant at the South Deep mine at an estimated capital cost of R660-million.
Gold Fields South Africa executive VP Martin Preece:
The increased accessibility of means to further decarbonise electricity is creating an opportunity for gold to move towards carbon neutrality and makes net zero gold "a realistic prospect"
World Gold Council's John Mulligan:
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