Water crisis threatens to take the shine off the mining sector
Securing reliable sources will become challenging for companies that operate in countries such as SA, which face a supply crunch
29 September 2019 - 17:02
Water scarcity poses a major risk to SA’s mining and other industries and will not only delay projects but cause substantial cost increases, global ratings agency Moody’s Investors Service has warned.
Water is a vital resource in the mining industry and is used in processing ore, smelting, refining and dust suppression, among other things. In a report released on Friday, Moody's said securing reliable water sources will become challenging for mining companies that operate in areas that will face a growing water supply crunch in the next 20 years...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.