Sharing the benefits from water as a new approach to regional water targets for mining companies

© 2014 Elsevier Ltd. All rights reserved.Most major mining companies have articulated strategies and targets to minimise the impacts of operations on surface and groundwater resources. However, the focus tends to be on mitigating negative impacts. In this field note, we make two contributions to ass...

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Main Authors: Kunz, N., Moran, Chris
Format: Journal Article
Published: Elsevier 2014
Online Access:http://hdl.handle.net/20.500.11937/39202
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author Kunz, N.
Moran, Chris
author_facet Kunz, N.
Moran, Chris
author_sort Kunz, N.
building Curtin Institutional Repository
collection Online Access
description © 2014 Elsevier Ltd. All rights reserved.Most major mining companies have articulated strategies and targets to minimise the impacts of operations on surface and groundwater resources. However, the focus tends to be on mitigating negative impacts. In this field note, we make two contributions to assist mining sites in playing a positive role in implementing Integrated Water Resources Management (IWRM) aspirations. First, we introduce the notion of "water benefits" as a pathway for operationalizing regional IWRM objectives at a mine site level. Second, we propose a decision making framework to facilitate investment in water benefits. The framework comprises of five steps: (1) Select system boundary wherein benefits are to be delivered; (2) Quantify water availability; (3) Determine potential benefits; (4) Identify acceptable benefits; and (5) Implementation and monitoring. For a site to deliver water benefits that extend beyond the legal obligation of the company, we contend that there must be a sound business case. We therefore distinguish between steps that should be decided by the business (steps 1, 2 and 4) from those that should be completed in collaboration with the broader community (steps 3 and 5). Within this field note we do not test the practical utility of the framework in an empirical setting and as such it is not intended to be prescriptive. Rather, we seek to provide a foundation for scholarly/industry debate about how decision makers at a mine site level could take a more active role in contributing towards IWRM aspirations. We conclude that a "water benefits" perspective offers a novel basis for establishing regional water targets and could serve numerous advantages at a site-level including improved recognition about the value of water and improved understanding and mitigation of strategic water-related risks.
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spelling curtin-20.500.11937-392022018-03-29T09:07:45Z Sharing the benefits from water as a new approach to regional water targets for mining companies Kunz, N. Moran, Chris © 2014 Elsevier Ltd. All rights reserved.Most major mining companies have articulated strategies and targets to minimise the impacts of operations on surface and groundwater resources. However, the focus tends to be on mitigating negative impacts. In this field note, we make two contributions to assist mining sites in playing a positive role in implementing Integrated Water Resources Management (IWRM) aspirations. First, we introduce the notion of "water benefits" as a pathway for operationalizing regional IWRM objectives at a mine site level. Second, we propose a decision making framework to facilitate investment in water benefits. The framework comprises of five steps: (1) Select system boundary wherein benefits are to be delivered; (2) Quantify water availability; (3) Determine potential benefits; (4) Identify acceptable benefits; and (5) Implementation and monitoring. For a site to deliver water benefits that extend beyond the legal obligation of the company, we contend that there must be a sound business case. We therefore distinguish between steps that should be decided by the business (steps 1, 2 and 4) from those that should be completed in collaboration with the broader community (steps 3 and 5). Within this field note we do not test the practical utility of the framework in an empirical setting and as such it is not intended to be prescriptive. Rather, we seek to provide a foundation for scholarly/industry debate about how decision makers at a mine site level could take a more active role in contributing towards IWRM aspirations. We conclude that a "water benefits" perspective offers a novel basis for establishing regional water targets and could serve numerous advantages at a site-level including improved recognition about the value of water and improved understanding and mitigation of strategic water-related risks. 2014 Journal Article http://hdl.handle.net/20.500.11937/39202 10.1016/j.jclepro.2014.02.053 Elsevier restricted
spellingShingle Kunz, N.
Moran, Chris
Sharing the benefits from water as a new approach to regional water targets for mining companies
title Sharing the benefits from water as a new approach to regional water targets for mining companies
title_full Sharing the benefits from water as a new approach to regional water targets for mining companies
title_fullStr Sharing the benefits from water as a new approach to regional water targets for mining companies
title_full_unstemmed Sharing the benefits from water as a new approach to regional water targets for mining companies
title_short Sharing the benefits from water as a new approach to regional water targets for mining companies
title_sort sharing the benefits from water as a new approach to regional water targets for mining companies
url http://hdl.handle.net/20.500.11937/39202