Trevali Reports First Quarter 2021 Results; Reduced Net Debt by $12.4 million.
Trevali Mining Corporation today released financial and operating results for the three months ended March 31, 2021 . The Company reported quarterly production of 74.8 million pounds of zinc at an all-in sustaining cost 1 of $0.99 per pound. Adjusted EBITDA 1 for the quarter was $24.5 million primarily due to business improvement initiatives, the increase in the zinc price, and reduction in benchmark treatment …
Trevali Mining Corporation (“Trevali” or the “Company”) (TSX: TV) (BVL: TV) (OTCQX: TREVF) ( Frankfurt : 4TI) today released financial and operating results for the three months ended March 31, 2021 . The Company reported quarterly production of 74.8 million pounds of zinc at an all-in sustaining cost 1 (“AISC”) of $0.99 per pound. Adjusted EBITDA 1 for the quarter was $24.5 million primarily due to business improvement initiatives, the increase in the zinc price, and reduct
Unsubsidized solar for underground zinc-lead mine in Namibia
Canadian mining company Trevali will buy power from a solar plant located near its Rosh Pinah mine under a 15-year power purchase agreement.Canada-based mining company Trevali Mining Corporation has agreed to purchase solar power for its Rosh Pinah underground zinc-lead mine in Namibia from local energy company Emerging Markets Energy Services Company (Emesco) under a 15-year power purchase agreement. The electricity will be provided by a solar park with an unspecified capacity that Emesco is building on a property located close to the mine. Emesco will sell the power generated to Trevali at .
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Canadian minerals developer Trevali Mining has signed a 15-year PPA with South African renewables developer Emerging Markets Energy Services Company (EMESCO) for the supply of solar energy to its majority-owned Rosh Pinah mine in Namibia
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Trevali Mining (TSC: TV) is looking to solar power to reduce its greenhouse gas emissions at its Rosh Pinah underground zinc-lead mine in southwestern Namibia.
The Canadian base metals miner has signed a 15-year renewable power purchase agreement with Emerging Markets Energy Services Company (EMESCO) that will provide 30% of the mine’s power from solar and reduce the company’s overall emissions by 6%.
The agreement is also expected to reduce energy costs at Rosh Pinah by 18% for Trevali over the life of the agreement. The miner will pay a fixed rate for power, with EMESCO taking responsibility for the design, permitting, financing and implementation of the solar energy system on a neighbouring property at no cost to Trevali.