SOURCE: Energy and Mines

Energy and Mines

September 03, 2015 15:06 ET

Mining Leaders Looking to Renewables to Drive Operational Savings at Energy and Mines Toronto Summit, Oct 22-23

TORONTO, ON--(Marketwired - September 03, 2015) - Current pressures on the mining sector are driving increased interest in the cost savings and power security advantages that renewables can provide mining operations. This October 22-23, a record number of mining leaders will meet with renewable energy and finance experts to network and share knowledge at the 3rd annual Energy and Mines Toronto Summit.

With 50+ mining participants currently confirmed, the Summit is expected to see a record turnout of senior mining operators from major and junior mining operations who are looking to understand the cost, practicalities and finance solutions for integrating renewable energy into their power supply. Many mining attendees are currently evaluating power options for new operations and are interested to know whether renewables can assist with diesel abatement.

"At Energy and Mines’ in Toronto this year, I am looking forward to hearing about new technological advances being made in the field of energy storage, so that renewables can provide a continuous flow of energy in the future, rather than an intermittent supply depending on when the sun shines or wind blows," says Stephen Letwin, President and CEO of IAMGOLD, who is speaking at the Summit.

CEO of U3O8 Corp. Richard Spencer, who is also participating as a speaker in the conference, is currently exploring renewable power options for the mining company’s Laguna Salada site, a uranium-vanadium deposit in Patagonia, Argentina. "The Summit will be an interesting and productive opportunity to hear how other delegates approach and evaluate energy alternatives in their future projects," he says.

The agenda for Energy and Mines Toronto Summit includes 25 senior mining executives sharing their energy strategies, including representatives from Anglo America, AngloGold Ashanti, Avalon Rare Metals, Barrick Gold, Glencore, Hudbay Minerals, IAMGOLD, Kinross Gold, Kirkland Lake Gold, Lake Shore Gold, MGX Minerals, Rio Tinto, Roxgold, Rubicon Metals, Stornoway Diamond, Teck, TMAC Resources, U3O8 Corp, and Western Copper and Gold.

Along with the latest case studies of renewable energy projects for mining operators, the event focuses on critical topics for mines and renewables attendees including financing solutions, and building energy partnerships with key stakeholders including First Nations communities reliant on diesel.

Current sponsors for the Summit include Canadian Solar, Canada Clean Fuels, Northland Power, SolarReserve and Tugliq. SolarReserve’s CEO, Kevin Smith, who had been a sponsor of the events since the series’ inception, emphasizes the good relationships with key stakeholders gained from Energy and Mines Summits. "SolarReserve recognizes the important role that Energy and Mines is playing in connecting the mining and renewables sectors through these global events," he says.

About Energy and Mines

This Summit is part of a global series of events organized by Energy and Mines to draw links between the mining and renewables sectors and drive solutions that help address mining’s energy challenge for affordable, secure and sustainable power. Alongside the Toronto Summit, the company organizes events in London (January, 28-29, 2016), Santiago (May 2016) and Johannesburg (June 2016).

Energy and Mines also produces case studies and reports to support the growth of renewables for mines. "This is an exciting market and we are seeing the scale and appetite for projects for mines increase significantly as they become more aware of the need to drive down power costs and the opportunities new solutions offer," says Adrienne Baker, Director of Energy and Mines. "The question is no longer whether renewables will play a role in powering mines but, rather, how and how big?" www.energyandmines.com

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