Gold and modern energy technologies
For example, Sibanye-Stillwater, a major gold producer, has begun to move into platinum group metals in 2016. Now, according to CEO Neal Froneman, diversification into battery metals is still being considered. Sibanye-Stillwater has major platinum and palladium projects in South Africa and the USA.
Platinum plays an important role in fuel cell technology, which is particularly important for transport solutions. Hydrogen and oxygen react with each other and a platinum catalyst is used to generate electricity. And fuel cell technology is being promoted and could gain in importance in the future.
There are also gold producers that rely on green energy such as solar power, especially Caledonia Mining, to secure the power supply for their mining activities. Caledonia Mining successfully operates the blanket mine in Zimbabwe and also pays regular dividends. By about two years, gold production is expected to increase to around 80,000 ounces of gold annually. Now Caledonia will invest in the construction of a solar power plant.
The trend toward electrification, automation and digitization is also affecting the mining sector. Electromobility is being used more and more in mining. And the use of solar energy is also a plus from an air-conditioning point of view.
Current company information and press releases from Sibanye-Stillwater ( https://www.resource-capital.ch/en/companies/sibanye-stillwater-ltd/) and Caledonia Mining ( https://www.resource-capital.ch/en/companies/caledonia-mining-corp/).
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