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Miners face spiralling water bill, report finds

As worsening climate change exacerbates water shortages in mining countries, there’s nothing for it but to spend more money, a report from Moody’s has warned. But the smaller companies will struggle to raise enough cash.

Elliott Holley
Worsening water shortages will impose costs on miners, with the burden especially hard on smaller companies, Moody's has warned

Worsening water shortages will impose costs on miners, with the burden especially hard on smaller companies, Moody's has warned

In its report published on Wednesday, Water availability poses risks to the global mining Industry, Moody's (the ratings agency and investment services company) said mining companies are going to have...

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