A key element of the Honeymoon Mine re-start is the use of in-situ recovery (ISR), a proven and cost-effective extraction process that delivers a range of important environmental benefits. The ISR process involves the installation of multiple wells in a specific pattern over the orebody, achieving a 19-28% reduction in energy requirements and producing 17-32% of the greenhouse emissions of conventional mining. Unlike conventional mining, ISR also results in minimal, temporary ground disturbance within mining areas.
Boss Energy recognises the need to incorporate ESG into its culture and operations at every level to deliver the highest standards of health, safety, environment and radiation protection.
Local communities are fundamental partners in mining. Mining companies need the support of local communities to recruit employees, obtain permits and leases. Establishing and maintaining strong community relationships is an essential commitment.
Boss is committed to fuelling a sustainable future. This includes reducing carbon emissions (Scope 1, 2 controlled by Boss and Scope 3 within the broader value chain) and taking action on climate change and creating a company framework for sustainable mining.
When inadequately managed, waste can have negative impacts on the environment and human health. Boss prioritises waste management and aims to return mine sites to viable and diverse ecosystems.
Safety is critical to mining operations. We aim to create a culture of safety and well-being among employees at all levels, to prevent accidents and ensure all our workers go home safe and well every day.
Boss is implementing a comprehensive radiation management plan, including safety procedures and prevention strategies to ensure that personnel, the public and the environment are effectively safeguarded against potential harmful effects.
Nuclear power and hydro-power form the backbone of low-carbon electricity generation. Together, they provide three-quarters of global low-carbon generation. Over the past 50 years, the use of nuclear power has reduced CO2 emissions by over 60 gigatonnes – nearly two years’ worth of global energy-related emissions.Source IEA (2019), Nuclear Power in a Clean Energy System, IEA, Paris https://www.iea.org/reports/nu..., License: CC BY 4.0
Nuclear power plants produce no greenhouse gas emissions during operation, and over the course of its life-cycle, nuclear produces about the same amount of carbon dioxide-equivalent emissions per unit of electricity as wind, and one-third of the emissions per unit of electricity when compared with solar.
Experts have concluded that to achieve the deep decarbonisation required to keep the average rise in global temperatures to below 1.5°C, combating climate change would be much harder, without an increased role for nuclear. Because nuclear power is reliable and can be deployed on a large scale, it can directly replace fossil fuel plant, avoiding the combustion of fossil fuels for electricity generation. The use of nuclear energy today avoids emissions roughly equivalent to removing one-third of all cars from the world’s roads.
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