Energy and Greenhouse Gas Emissions

In 2019, we started the development of an enterprise-level energy management framework for our business, based on the Mining Association Canada’s (MAC) Energy and GHG Emissions Management Protocol. It sets energy reduction targets to help us reduce our emissions intensity over time.

We employ extensive environmental monitoring to track emissions and ensure compliance with applicable laws and regulations.

Energy Consumption (GJ)

Business unit Electricity purchased Diesel1 Natural gas Propane Total
Marigold Mine 126,862.37 1,338,514.05 0.00 25,305.01 1,490,681.43
Seabee Gold Operations 175,892.32 132,526.45 0.00 32,270.25 340,689.02
Puna Operations 0.00 421,517.55 49,680.27 4,190.30 475,388.11
Total 302,754.69 1,892,558.04 49,680.27 61,765.56 2,306,758.57

1) Values include diesel used for backup power generation.

Energy Intensity

Business unit GJ/oz gold produced GJ/kt material mined
Marigold Mine 6.77 0.02
Seabee Gold Operations 3.04 0.99
Puna Operations2 61.74 0.04
Total3 5.51 0.03

2) Puna Operations produces primarily silver; as such, this metric is reported in thousands of ounces of silver produced.

3) Consolidated energy intensity totals per oz of gold produced exclude Puna Operations.

4) DEFRA emissions factors were used to calculate Scope 1 emissions. All calculations include CO2, CH4, and N2O.

Greenhouse Gas Emissions (Tonnes of CO2e)

Business unit Scope 1 (direct)4 Scope 2 (indirect)5 Total6 % of company total
Marigold Mine 101,860.92 10,284.36 112,145.27 58%
Seabee Gold Operations 11,903.12 34,689.88 46,593.00 24%
Puna Operations 35,003.69 0.00 35,003.69 18%
Total 148,767.73 44,974.23 193,741.96 100%

4) DEFRA emissions factors were used to calculate Scope 1 emissions. All calculations include CO2, CH4, and N2O.

5) The Climate Registry Default Emissions Factors (2019) were used to calculate Scope 2 emissions.Calculations include CO2, CH4, and N2O.

6) Scope 1 + Scope 2 emissions. We do not currently report Scope 3 emissions.

Greenhouse Gas Emissions Intensity (Tonnes of CO2e)

Business unit Per oz gold produced Per kt material mined
Marigold Mine 0.51 1.51
Seabee Gold Operations 0.42 135.44
Puna Operations7 146,155.18 2.85
Total 0.48 2.24

7) Puna Operations produces primarily silver. Production emissions intensity is calculated as tonnes of CO2e per kt of silver produced.

Renewable and Non-Renewable Energy Consumption (as % of Overall Consumption)

Business unit Renewable6 Non-renewable
Marigold Mine 2.5% 97.5%
Seabee Gold Operations 8.8% 91.2%
Puna Operations 0% 100.0%
Total 2.9% 97.1%

Electricity Consumption by Source

Business unit Grid  Non-grid
Marigold Mine 99.5% 0.5%
Seabee Gold Operations 97.3% 2.7%
Puna Operations 0.0% 100.0%
Total 41.1% 58.9%