AngloGold Ashanti, the gold mining company, is actively progressing decarbonization initiatives at the Geita mine in Tanzania. Concurrently, the company has initiated renewable energy projects at the Tropicana mine in Australia, with plans for a substantial solar project in Ghana, where the Obuasi mine is located.
In Geita, situated in north-western Tanzania, the project involves replacing diesel power generation with grid power from a more environmentally friendly mix, including hydropower. The transition aims to significantly reduce emissions on-site, and the process is expected to unfold by mid-year, resulting in both a tariff reduction and emissions decrease.
Following the Geita project, renewable energy investments at the Tropicana mine in Western Australia have been set in motion. This initiative, undertaken in collaboration with Pacific Energy, is one of Australia’s largest renewable energy projects in the natural resource sector. It involves the construction and operation of 62 MW of wind and solar generation capacity integrated into the existing power supply. This step aligns with AngloGold’s commitment to reduce Scope 1 and Scope 2 greenhouse gas emissions by 30% by 2030 through renewable energy projects and efficiency improvements.
The renewable energy solution at Tropicana includes the integration of four 6 MW wind turbines, a 24 MW solar plant with approximately 44,100 photovoltaic panels, and a 14 MW battery storage system. Expected to be completed in early 2025, this project is projected to cut natural gas consumption at Tropicana by around 50%.
The company’s broader strategy involves proactive identification and mitigation of climate-related threats, aligning with CEO Alberto Calderon’s emphasis on realizing climate objectives, enhancing energy security, and substantially reducing natural gas consumption. AngloGold’s dedication to sustainability is underscored by its ongoing efforts to minimize greenhouse gas emissions and transition toward cleaner, more sustainable energy sources.
In summary, AngloGold Ashanti’s multifaceted approach involves transitioning from diesel to grid power in Tanzania, implementing a significant renewable energy project in Australia, and exploring a solar project in Ghana, collectively contributing to the company’s commitment to sustainability and emission reduction.
