28 Nov '13, 5pm

[News] Canadian company to build 5MW PV plant at Suriname gold mine

Rosebel Gold Mine, where the plant will be located, is 95% owned by IamGold and 5% owned by the government of Suriname. Source: Flickr/Bullion Vault. Canadian gold producer IamGold has announced that it will build a 5MW solar power plant at its Rosebel Gold Mine in Suriname, South America. The solar project will reduce electricity consumption at the mine and free up some of the country’s existing electricity generation capacity for other users. IamGold and its Rosebel Gold Mine, which is registered as a subsidiary company, originally negotiated reduced rates for electricity costs with the government of Suriname for the mine’s early years of operation. One of six gold mines owned by IamGold, with the Surinamese government holding a 5% stake, Rosebel Gold Mine went into commercial production in 2004. The construction of the PV plant fulfils the terms of the agreement for the...

Full article: http://www.pv-tech.org/news/canadian_company_to_build_5mw...

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