Gold Fields aims to build 40 MW solar power plant at South Deep
Gold Fields CEO Nick Holland talking to Mining Weekly’s Martin Creamer. Video Editing: Nicholas Boyd. Photographs: Donna Slater. Video: Kutlwano Matlala.
The South Deep gold mine, in Gauteng, had submitted an application to self-generate 40 MW of solar power, Gold Fields CEO Nick Holland told Engineering News & Mining Weekly in a video interview earlier this month.
Holland said this could be between 20% and 25% of the average consumption of the mechanised mine near Carletonville, bearing in mind that much of it would be used during the day.
“But at night we’ll have to default back to the system – back to the grid,” he said.
Gold Fields is looking at the options of either taking this on its own balance sheet or having a third party do it and then provide the mine with power in terms of an offtake agreement.
“We’re looking at both options. The so-called ‘over the fence’ option, where somebody else actually builds, owns and operates it, and charges us, versus us doing it ourselves.
“We’re going to look at the cost comparison over life and see what is the best result. We’ll make a call on this, I believe, in the next few months, depending on whether or not we get the approval from the Minister and from the National Energy Regulator of South Africa,” he said.
By this time next year, if approval is granted, the solar plant is likely to be in construction.
“Let’s assume that we get the approvals – best case, maybe the middle of the year – I think we could be in a position to start construction maybe by the end of the year . . . quarter four, maybe quarter three. Then it’s usually about a 12-month to 18-month build, so it’s not around the corner,” said Holland.
Gold Fields already has a 23 MW renewables plant operating at its Agnew gold mine in the middle of the outback, 1 100 km from Perth.
“We don’t just wheel these things in and switch them on. Obviously, there are foundations that have to be prepared. But people are learning all the time, so maybe the lead time will be shorter. We’ll try,” he said.
Gold Fields is building the new Salares Norte gold mine in Chile, South America. Will the company be generating its own ‘green’ power there?
“We’ll have a diesel power station to start with,” he said.
Salares Norte is about 100 km from Chile’s power grid.
“It’s very difficult for us to link up to the grid. So, to start with, it will be a diesel power station, which is expensive. Obviously, that’s with carbon outputs that we can do without, but then, over time, we’ll look at other solutions.
“I’m sure, over time, as battery technology improves, we can increase the solar from an initial 15%,” he said.
Gold Fields is taking note of the use of ‘green’ hydrogen to power trucks and will watch to see how that develops.
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