- Spanish Mountain Gold (TSXV:SPA) has entered into a partnership with ANDRITZ and BC Hydro to reduce carbon intensity at its Spanish Mountain Gold Project
- The company aims to build the most sustainable gold mine in Canada, which is near Likely, British Columbia
- The partnership will enable the company to use ANDRTIZ’s simulation software for process, optimization, energy management and operator training
- Shares of Spanish Mountain Gold are up 2.56 per cent to $0.20 as of 11:16 am ET
Spanish Mountain Gold (TSXV:SPA) has entered into a partnership with ANDRITZ and BC Hydro to reduce carbon intensity at its Spanish Mountain Gold Project.
In a news release, the company stated the purpose of the partnership is so it can build the most sustainable gold mine in Canada, which is near Likely, British Columbia.
The partnership will enable the company to use ANDRTIZ’s simulation software for process, optimization, energy management and operator training.
“Through this partnership, our aim is to redefine the mining industry’s approach to energy generation, consumption, and environmental responsibility by lowering carbon intensity to ensure we build the greenest gold processing facility in the industry,” Peter Mah, CEO of Spanish Mountain Gold, said in a statement.
ANDRITZ’s proprietary IDEAS simulation software will enable Spanish Mountain Gold to analyze energy consumption for greenfield operations, optimize process flowsheets, and predict power demand accurately.
ANDRITZ is an international technology company that offers a portfolio of plants, equipment, systems, services and digital solutions.
With headquarters out of Vancouver, Spanish Mountain Gold is advancing its 100-per-cent-owned Spanish Mountain Gold project towards construction of the next gold mine in B.C.’s Cariboo Gold Corridor.
Shares of Spanish Mountain Gold (TSXV:SPA) are up 2.56 per cent to $0.20 as of 11:16 am ET.
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