https://newsletter.en.creamermedia.com
Mining Precinct|Automation|Business|Energy|Gold|Hydropower|Logistics|mandela mining precinct|Mining|Power|Renewable Energy|Road|Solar|Surface|System|Underground|Solutions|Infrastructure
Mining Precinct|Automation|Business|Energy|Gold|Hydropower|Logistics|mandela mining precinct|Mining|Power|Renewable Energy|Road|Solar|Surface|System|Underground|Solutions|Infrastructure
mining-precinct|automation|business|energy|gold|hydropower|logistics|mandela-mining-precinct|mining|power|renewable-energy|road|solar|surface|system|underground|solutions|infrastructure

South African mining falling behind on energy, automation, discovery, development and longevity fronts

22nd February 2019

By: Martin Creamer

Creamer Media Editor

     

Font size: - +

South African mining was at one stage ahead of the world, leading on all fronts using the cheapest energy. All that has ended and South African mining now finds itself far behind.

Its African counterparts are streaking ahead in the use of renewable energy, the ushering in of automation and the pace of discovery and development.

Deploying leading-edge automation is the new Kibali gold mine, in the Democratic Republic of Congo. Kibali has a mission control system that manages underground ore logistics from surface without intervention.

South Africa, on the other hand, is looking to curtailing its already shrunken gold mining activities markedly, despite there never having been more analyst consensus on the likelihood of a firm gold price going forward.

While deep South African mines are threatened by Eskom load-shedding, the Loulo-Gounkoto gold mine is about to harness Mali’s abundant solar resource. It is installing a 24 MW off-grid solar hybrid plant to support its existing 63 MW thermal power station and this solar plant has the potential to save ten-million litres of fuel a year, while reducing Loulo’s yearly carbon emissions by 42 000 t.

Loulo is joining many mines that are moving away from thermal power in Africa. In the past few years, an increasing number of mining companies have adopted wind, solar and hydropower alternatives – and always at a cheaper cost.

Moreover, in most instances, mining companies do not have to invest their own money; independent power producers, whose core business it is to generate electricity, invest in the renewable- energy infrastructure themselves and sell the electricity that it produces to mines through power purchase agreements.

Consideration can also be given to growing energy crops in mined-out areas that require rehabilitation and new non-mining business horizons. The required expertise is also available to convert these energy crops into biofuels, again with a renewable bent.

A positive thinker sees the invisible, feels the intangible and achieves the impossible, said Winston Churchill. He also said that one person with a conviction will overwhelm a hundred who have only opinions

South Africa is currently studying the results of sometimes good-looking policy but appalling implementation, which has also had its massive impact on mining, causing mine life curtailment across a broad front and a complete absence of discovery and development.

Improved policy and excellent implementation can quickly set South African mining back on a path that will rival the likes of Australia and Canada.

Eskom load-shedding is darkness we must reject and President Cyril Ramaphosa’s ‘new dawn’ State of the Nation address is light that must be used to illuminate the way forward.

It is good news that the Mandela Mining Precinct, in Carlow road, Johannesburg, is prioritising the provision of solutions to ever-shortening mining longevity and irrational resistance to modernisation.

Edited by Martin Zhuwakinyu
Creamer Media Senior Deputy Editor

Comments

Showroom

Rittal
Rittal

Rittal is a world leading provider of top-quality integrated systems for enclosures, power distribution, climate control, IT infrastructure and...

VISIT SHOWROOM 
Universal Storage Systems (SA)
Universal Storage Systems (SA)

South African leader in Steel -Racking, -Shelving, and -Mezzanine flooring. Universal has innovated an approach which encompasses conceptualising,...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 15 November 2024
Magazine round up | 15 November 2024
15th November 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.063 0.202s - 174pq - 2rq
Subscribe Now