The Diplomatic Society

 
  • Increase font size
  • Default font size
  • Decrease font size

The First Carbon Neutral Mining Company in the World – Staten Island Trading

Staten Island Trading, a South African (BEE) alluvial diamond mining company aims to become the first carbon neutral mining holding company worldwide, an ambitious challenge for not only itself, but for all in the mining industry.  When asked what this actually means, the company’s CEO, Navin Naidoo says, “We will endeavour to become the first carbon neutral mining company, if we are not the first, we hope to inspire other companies to follow suit regardless.”

Dr Navin Naidoo with Australian High Commissioner in South Africa Ann Harrap

The huge amount of energy expenditure in the mining industry means that this is by no means a small challenge. Investing, funding and the promotion of social development projects, environmental projects, energy conservation projects and renewable energy projects will enable the company to offset carbon emissions and grid electricity usage at its flagship investment, Mat Roux and Sons Diamond Mining. The mine, on the farm “Elandsputte”, is run and co-owned by Mat Roux and Daan Roux. An old cattle trough on site is the first place where an alluvial diamond was found in the then Western Transvaal. A plaque declaring the site a National Monument is testimony to its historical significance in the industry.

National Monument plaque

“Even though the area has been mined extensively since the 1920’s, there are still phenomenal reserves attested to in reliable, albeit old geological surveys. The resurgence of actattests to the renewed interest in that area of the country.” is all that is said of the mining operation by Naidoo before reverting to the all interesting carbon neutral mining concept. We hope to ultimately invest in projects that provide a greater good than any damage we do in our mining projects. He freely admits that it will be expensive, but firmly believes that most prospective diamond buyers of the future will have a social conscience and will seek out his company’s products because of its social and environmental commitments.

Past excavations

The company has consulted with several project development specialists in the fields of renewable energy and alternative energy sources. It has already invested in plasma technology  projects and is considering a commercial bio-diesel project to supply mining diesel. Non-mining projects include a joint venture with two other companies to clear invader wood species for use as furniture with arrangements underway to invest in natural bushland in select biospheres as a means of offsetting some of the companies intended and current energy usage. “We hope to achieve a negative carbon imprint by 2018 and will be looking at numerous projects outside of mining to achieve this. “The investment in plasma technology has always had alternative energy generation as its primary objective, but has numerous other environmentally beneficial applications. The company intends listing all ancillary projects on its website in a bid to induce others to adopt a similar enviro-protective approach to mining and industry.

 


 
 
 
 
 
 
 
 
_________________________________________________

January 2018

 
 
_________________________________________________

Translater


 
 

 
 
 
 

 
 
 

 
 
 
 
 
 
 
 
 
 
 
 

Modest Prosperity 12 December 2017 A book review by K Bhana A seminar was hosted by the Human Sciences Research Council (HSRC) and the Embassy of the PRC in South Africa to launch the second... <|> 54th Jamhuri Day Celebrations 15 December 2017 HE Jean N. Kamau, High Commissioner of Kenya to South Africa, hosted the 54th Jamhuri day Celebrations in Pretoria on 7 December 2017. The... <|> SA eyes World Science Forum 14 December 2017 South Africa has thrown its hat into the ring to host the World Science Forum in 2021. Initially held only in Hungary, central Europe, this biennial... <|>   Media and Advertising 14 February 2018 We took a peep into the future of advertising this February when RTAd Ltd, part of Iocono Holdings from London, became Global Media Innovator, GMI... <|> 26th Independence Anniversary of Kazakhstan 15 December 2017 21 journalists from 15 countries were invited for an eight day whirlwind tour of three major cities of Kazakhstan, in the heart of... <|> Easing travel regulations between South Africa and Kenya 3 May 2016 South Africa and Kenya have announced measures that will make travelling between the two countries easier. South African Home... <|> <|> SA Agulhas II sets sail for the 57th Antarctica expedition 15 December 2017 Not long after the SA Agulhas II set off on the International Indian Ocean Expedition, the vessel has once again left the... <|> <|> Finland at 100 15 December 2017 Ambassador Kari Alanko of Finland hosted a reception to celebrate Finland's 100th birthday. Photo: Ambassador Alanko (bottom right) pictured with embassy staff ant... <|>
© copyright 2011-2017| The Diplomatic Society| All Rights Reserved.