Water is a vital resource for life. In cooperation with the local communities, we share the responsibility for caring for water resources and protecting the ecosystems around our operations.
Mining operations rely on water for many activities, including mineral processing, dust suppression, material transport, and human consumption. Water is valuable and essential, and we are accountable for its rational and reasonable use as well as the prevention of potential impacts on water resources.
Our approach to water management is governed by our Environmental Policy and the approvals and regulations established by the environmental authorities of the countries where we operate. We focus on minimizing water collection and maximizing water reuse as much as possible.
We measure our water management performance primarily by calculating the freshwater collected per tonne of processed ore in cubic meters per tonne (m3/t). Our enduring goal is to reduce the freshwater collection intensity by finding opportunities for improvement.
In 2019, our water collection rate was 0.87 m3/t at our two operating mines and our target in 2020 is to reduce this number by 1 percent to reach 0.86 m3/t.