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:: New Gold Backs CEEC on Energy Efficiency
New Gold Inc. is sponsoring CEEC international Ltd. CEEC is the global mining industry’s Not for Profit body focused on accelerating the transfer of knowledge related to efficient comminution strategies, with the benefit of improving mineral processing productivity and corporate earnings. It is estimated comminution uses up to 3% of the world’s electrical energy, equivalent to Germany’s consumption. Alternative mineral processing strategies offer substantial financial benefits in the face of rising energy costs, falling ore grades and ore bodies in remote locations or great depths.
“New Gold Inc. demonstrates their long term vision for the mineral processing industry by sponsoring CEEC. Efficient mineral processing strategies will deliver improved productivity and earnings. With New Gold’s support, CEEC will continue to share the proven technologies which deliver these benefits." Joe Pease, CEEC Chair.
New Gold Inc. was recently awarded the Canadian Industry Program for Energy Conservation (CIPEC) Energy Performance Management Award. This award recognized New Gold Inc.’s New Afton Mine for improving their energy performance through enhancements to their monitoring, measuring and reporting processes relating to the facility’s energy consumption. New Afton Mine demonstrates its commitment to energy management through sustainable mining practices including, employee awareness and energy management information systems. These efforts have resulted in verified annual savings of nearly 9,000 gigajoules of energy thus far in 2014 with a further 21,600 gigajoules of annual savings expected by the end of the year. New Gold Inc. (New Afton Mine), located in Kamloops, British Columbia, achieved ISO 50001 certification in early 2014 and is the first mine in North America to do so. The system ensures that the New Afton site continuously monitors, tracks, evaluates and verifies energy performance at the gold and copper mining facility.
“New Gold is committed to ensuring that we are as efficient with our energy as possible which has benefits for our company, our stakeholders and ultimately our environment” said Robert Gallagher, Chief Executive Officer of New Gold Inc. “Pursuing energy reduction strategies in our operations is a strategy that has lowered our cash costs. But a focus on optimizing communition practice is a key driver for our mines. We recognize that as we develop new projects such as Rainy River and Blackwater, the grinding circuit design is critical. Optimizing comminution efficiency allows us to integrate incremental productivity gains into our operating plans, achieve our commitments to our stakeholders, and expand operations for example, at New Afton Mine.
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