Metals & Mining: Water pressure

Jun 28, 2013

Environmental and social concerns are hardly new for miners, but they are set to intensify. Water scarcity is likely to be a particular pressure point.

For miners, water supply and run-off is a big issue â€" with the potential to throw an entire project off course. The Minas Conga copper and gold mining project in Peru is stark evidence of this. Intense public protest pushed miner Newmont to halt construction of the mine in 2011. Now the company is taking what it describes as a “slower, water-first approach†to the extraction. Conga may be a high profile example of the potential cost to miners of managing water resources. But it is representative of a broader trend. Moody’s estimates indicate water...

To continue reading please take a free trial, subscribe or login below.

Already have an account?


Subscribe now for unlimited access to all current and archive news, data and market analysis. 


Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial

Upcoming Events


Where will capital markets be busiest in 2017?