Barrick's Nevada joint venture completed a 200 MW solar plant that can supply about 17% of its annual power, lowering diesel exposure and making Nevada costs more predictable.
Barrick benefits because its Nevada joint venture now gets a meaningful share of power from a large solar plant. That reduces how much diesel and shipped fuel Nevada needs, which should make its costs more predictable even if oil stays high.
B2Gold expanded solar and batteries at Fekola to supply about 30% of power and cut annual heavy fuel oil use by about 20 million litres, reducing fuel risk.
Gold Fields reported big energy cost hits after the Iran war, saying diesel, freight and LNG rose sharply and could add $40–$50 to the cost of each ounce it produces.
Newmont co-owns Nevada Gold Mines, which finished a 200 MW solar plant that should cut diesel use and make Nevada's costs less sensitive to fuel shocks.
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