Editorial by :
Thembelani Moyo
Mining companies in Zimbabwe, the stakes couldn’t be higher. With load shedding becoming a constant threat to our nation’s economy, it’s crucial that we take action to sustain our businesses and protect the livelihoods of thousands of workers.
As the backbone of Zimbabwe’s economy, mining contributes 15% to GDP, drives 65% of exports, and brings in 50% of foreign direct investments. It also employs over 45,000 people. We cannot afford to let this industry falter due to lack of power.
The Hwange Power Station, once a reliable source of electricity, is now operating at a fraction of its capacity due to outdated equipment. And with drought diminishing the Kariba Dam’s ability to produce hydropower, we can’t rely on traditional sources of energy.
It’s clear that the solution to our power problem is not on the horizon. That’s why mining companies must take matters into their own hands and seek alternative sources of power to keep operations running smoothly. Solar, wind, and other renewable energy sources are viable options that can provide a reliable and sustainable source of power. Moreover, the mining industry should also consider energy storage systems, to ensure that they can continue to operate during power outages.
For example, solar power is a cost-effective alternative source of energy that mining companies can use. Solar panels can be installed on mining sites, providing a reliable source of power for operations. Additionally, solar power can also be used to power remote mining operations, where grid power is not available.
Another cost-effective alternative source of energy is wind power. Wind turbines can be installed on mining sites, providing a reliable source of power for operations. Wind power is particularly effective for mining operations located in windy areas.
In addition, mining companies can also consider using combined heat and power (CHP) systems, which generate electricity and heat simultaneously. This can help to reduce energy costs and increase energy efficiency.
Investing in alternative energy sources not only ensures the continuity of mining operations, but it also positions mining companies as responsible corporate citizens. It’s a win-win situation, as it helps to reduce the country’s dependency on fossil fuels and curb carbon emissions, which is a crucial step in combating climate change.
Just look at the impact load shedding is already having on mining companies like Rio Zim. Its gold output dropped from 1,050 kilograms in 2019 to 962 kilograms in 2020. This is just a glimpse of what’s to come if we don’t act now. Don’t let your company become another statistic. It’s time to adapt, be innovative, and stop relying on the power utility. The future of Zimbabwe’s economy depends on it.
In conclusion, mining companies in Zimbabwe have a critical role to play in addressing the power crisis and ensuring the sustainability of the country’s economy. It’s time to take action, invest in alternative energy sources such as solar, wind and CHP systems, and secure the future of our industry and nation.
