Australia’s Resolute Mining Limited is partnering with Aggreko on a new hybrid modular power station project at Resolute’s Syama Gold Mine in Mali, West Africa that is expected to slash Syama’s electricity costs by approximately 40%.
Resolute announced yesterday it had signed a Heads of Terms Agreement for the project – basically an agreement about an agreement – which will be funded and operated by Aggreko.
Stage 1, expected to be completed next year, will be comprised of 3 Modular Block generators (30MW capacity total) and a 10MW/5MWh Y.Cube battery storage system.
Capital Drilling Ltd (LON:CAPD) provide complete exploration and production drilling solutions to customers within the global minerals industry, with a focus on the African markets. The company was selected as preferred contractor for a three year contract with Resolute Mining Limited.