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Stock impact report

Exploring the environmental benefits of autonomous underground mining equipment [Yahoo! Finance]

Alamos Gold Inc. Class A Common Shares (AGI) 
Last alamos gold inc. class a common shares earnings: 4/29 05:00 pm Check Earnings Report
Company Research Source: Yahoo! Finance
It is well understood that deploying machines underground to work 24-7 can create operational efficiencies and improve safety – but there is another important benefit to be gained from underground automation: lowering project GHG emissions. In EY's 2024 annual survey of mining executives, environmental, social and governance (ESG), capital, licence to operate and climate change filled the top spots. When asked what ESG factors are facing the most scrutiny from investors in 2024, 46% said attaining net-zero emissions. It is clear that reducing operational emissions is becoming a major focus for miners. As outlined in an OECD report, Mining and Green Growth in the EECCA Region, underground autonomous mining equipment has a key role to play in improving the sustainability of mines. For example, it highlights that automated ventilation systems at underground mining sites can save up to 40% of energy costs, in turn lowering operational emissions. Another report , produced by academic Show less Read more
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