“Most climate change risks deal with water at the end” The El Niño event forming in the tropical Pacific Ocean in 2026 is now the strongest in the observational record, according to the Met Office, the UK’s meteorological service. Mining Magazine spoke to mine water expert Raymond Philippe on Chile’s water leadership and mining’s water …
Read more “Mining Magazine. Drought and deluge: What El Niño could mean for mines”
For most mining companies, the climate risk with biggest impact is water. Too little water at the plant or too much in the pit will affect production and the asset value. When it comes to quantification of climate change risks, a lot of the attention from miners, investors and downstream off-takers so far has gone …
Read more “Financial quantification of water-related climate change risk”
Fifteen years ago, the idea of a mining company handing ownership of its critical water infrastructure to an outside investor was close to unthinkable. Water was too important to let anyone else control. Today it is becoming a standard consideration. Desalination plants, pipelines, and treatment facilities are increasingly built, owned, and operated by third parties, …
Read more “Who holds the risk in third-party water investment in mining?”
September 10, 2025, Ecuador’s Ministry of Environment revoked the environmental license for the Loma Larga gold project in Azuay, citing hydric risk and applying the precautionary principle under the Constitution. Only a few months earlier, DPM Metals had secured that same license after completing an Environmental Impact Assessment (EIA) that met every procedural requirement under …