SOURCE: Energy and Mines

Energy and Mines

September 13, 2016 10:00 ET

The First Global Rankings of Renewables for Mines Released by Energy and Mines

OTTAWA, ON--(Marketwired - September 13, 2016) - Energy and Mines has released the initial results of the first global rankings of renewables use by mining companies identifying the top 21 mining companies using wind and solar to power their operations. The Energy and Mines Renewables in Mining Rankings also reports on the market size of wind and solar for mines showing current installed capacity at 943 MW comprising 352 MW solar PV; 39 MW solar thermal and 551 MW of wind.

The companies in the rankings include major mining houses and junior operators from across the globe with project sizes ranging from 180 MW to 0.01 MW. (See below for the full list.)

"These 21 mining companies are leading the way in energy innovation and have implemented milestone projects that provide models for other mines to follow," commented Dr. Andrew Slavin, Director, Energy and Mines. "This universe represents current installed capacity of renewables for mines. Based on the number of projects in pre-development and the increasing regulatory and economic drivers, these numbers are expected to grow steadily."

Energy and Mines commissioned independent research to produce these rankings which will provide an annual benchmark of the use of renewables in the mining sector. This year's rankings lists commissioned and operational wind and solar projects directly associated with operational energy use by mines. Future rankings will include bioenergy, hydro and geothermal projects.

The rankings research also reveals the prevalence of renewables for non-operational use by mines including renewables on reclaimed mine sites, for which there is currently around 1100 MW of installed capacity. It also provides insights on additional areas of collaboration between renewables and mines including climate impact reduction and business diversification strategies.

The rankings will be used to inform the selection process for the Energy and Mines Renewables in Mining Awards to be presented to mining and renewables leaders this November 21st in Toronto.

"Based on the rankings, we have compiled a shortlist of companies in 6 award categories and are now asking the global mining and renewables industries to nominate companies in these and 7 other categories," reported Adrienne Baker, Director of Energy and Mines. "Our aim is to recognize and celebrate the use of renewables in mining sector."

The nominations process runs until October 8th and will be supported by an international jury of mining and renewables experts.

The final Energy and Mines Renewables in Mining Awards and Rankings Report will be announced as part of the Energy and Mines World Congress on Nov 21-22 in Toronto.

For background information and further details on the rankings and awards click here.

For more information, contact Adrienne Baker at +1 613 627 2787 or adrienne.baker@energyandmines.com

The following companies are featured in the 2016 Energy and Mines Renewables in Mining Rankings

Antofagasta Minerals, Chile

Barrick Gold, Canada

CAP, Chile

CODELCO, Chile

Collahuasi , Chile

Compañia Minera Dayton, Chile

Cronimet Metal Trading, Germany

Galaxy Resources, Australia

Glencore Plc, Switzerland

Grupo Mexico, Mexico

IAMGOLD, Canada

Industrias Peñoles, Mexico

Mandalay Resources, Canada

Minera Rafaela, Chile

Nyrstar, Belgium

Ozkoyuncu Mining, Turkey

Rio Tinto, UK

Sandfire Resources, Australia

Shanta Gold, Tanzania

SNIM, Mauritania

Vale, Brazil

About Energy and Mines

Energy and Mines is the leading global information and event provider for energy management and operations of the mining sector. Through its global Summit series (Canada, South Africa, Chile, UK) web portal, awards, annual rankings and newsletter, Energy and Mines brings together the mining and renewable energy sectors to drive solutions for affordable, reliable and sustainable power for mines. www.energyandmines.com

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