Posted on Wednesday May 25, 2016
Barrick Gold's Hemlo mine, which runs underground and open pit operations in northern Ontario, has been recognized by Canada's Department of Natural Resources
for its innovative energy conservation program. Excellence in energy efficiency was celebrated during the May 17-18 Energy Summit
, hosted in Niagara Falls by the Canadian Industry Program for Energy Conservation (CIPEC)
, through Natural Resources Canada and the Excellence in Manufacturing Consortium. The summit is Canada's foremost event dedicated to highlighting exceptional industrial achievements in promoting and enhancing energy efficiency, cutting costs and improving productivity through sustainable energy use.
Barrick-Hemlo was honoured with a Canadian Industry Program for Energy Conservation (CIPEC) Leadership Award
for implementing a ventilation management program (electricity and heating) with a suite of projects that reduced ventilation related greenhouse gas emissions by 24%, and lowered energy consumption by 10% between 2013 and 2015. As a result of the company's commitment to energy performance and environmental footprint reduction, its energy management program in the last two years has saved more than 30,000 megawatt hours (MWh) per year in energy consumption, trimmed its operating costs, and increase revenue by more than $5.0 million per year. Read more about this successful initiative in Barrick's Beyond Borders magazine.
"We couldn't be more proud of our member company's energy efficiency successes and pleased that the Hemlo team's efforts were recognized with such a prestigious and well-deserved award," said Chris Hodgson, President of the Ontario Mining Association. "The initiative proves that what's good for the environment can also be great for the bottom line. Congratulations, Barrick-Hemlo!"
Members of the Ontario Mining Association support the goal of sustainable economic development. We see fundamental value in operating in an environmentally responsible way to generate prosperity today, without compromising the opportunities of future generations. The association helps its members to collectively pursue excellence in environmental performance by promoting and sharing best practices and technologies, including in the area of energy efficiency and demand management - a critical area of mining competitiveness.