en.Wedoany.com Reported - Peruvian mining has improved water resource management efficiency through water circular economy practices. On June 25, Roque Benavides, Chairman of Compañía de Minas Buenaventura, stated during a panel discussion at the 2026 World Mining Congress (WMC) in Lima that Peruvian mining can achieve up to a 97% water recycling rate in open-pit operations. Benavides noted that efficient water management has become a core component of mining operational models, especially in Peru, where water availability varies significantly across regions and production activities. He emphasized that modern mining should not only focus on resource extraction but also coordinate and integrate with the surrounding environment and other economic activities, such as agriculture. Mining must coexist with other industries, and coordinated water management is crucial for regional sustainability and social acceptance.

Benavides' company, Buenaventura, has been operating in Peru for 73 years and has been listed on the New York Stock Exchange for 30 years. He also pointed out that driven by technological advancements and modern exploration, the geological potential of Peru and the Andes remains immense, with broad opportunities for discovering new deposits. He stressed the importance of long-term investment in the mining sector and believes that Peruvian mining must operate within a framework of environmental sustainability, efficient water management, and measurable regional contributions, maintaining global competitiveness without compromising the development capacity of other economic activities.

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