Beginning in 2014, Peru has seen a significant shift in its regulation of water management for mining, with an exponential increase in reported violations.
The global mining market’s recovery in 2017 has encouraged several players to move forward with mine expansions that depend on extensions of their existing water strategies – although a selection of projects suggests a shift is underway towards improved water stewardship with over $1.4 billion of investment.
In this Market Insight, Bluefield water experts analyze environmental regulations in Peru and key water management initiatives.
More analysis of Peru’s water markets:
- Southern Copper Wades Deeper into Peru Water
- Peru Reinvigorates Water and Sanitation Policy
- Peru Charts Course for Private Water Investment
- Since 2014, Peru has gradually tightened its environmental controls on mines to address tailings and other wastewater violations.
- The shift in amount of development projects taken on by large mining giants mirrors the recently increasing copper prices.
- Main industry players are progressively implementing more water management strategies in attempts to ease the strain on the resource and tensions with the communities.