)
"KBL is keen to partner with LatAm and develop water technologies that will reduce cost of mining and provide sustainable mining.The MoU with ANA marks a new beginning in the India-Peru relationship. With KBL's proprietary-technologies, mining companies can increase efficiencies The world is keenly following LatAm's mining companies and their performances. And the mining companies in turn are looking at technology providers to give solutions that will help them achieve sustainable development, " said Jayant Sapre, executive director of KBL.
According to Sapre, in 2013, the Peruvian Mines and Energy Ministry estimated that the production of copper will soon reach 1.57 million tonnes, an 18 percent increase over 2012 that stemmed from a 7.8 percent increase the year before. The current value of mining investment is in the neighbourhood of $10 billion. Peru is the world's second largest producer of silver and copper, sixth largest global producer of gold and it also has significant reserves of coal, iron ore, tin, sulphur and zinc.
As per the MoU, KBL and ANA will share information and experience in relation to the management, efficient use and implementation of best practices in the management of water resources in order to contribute to the overall development of these issues in Peru. The two involved parties have expressed willingness to develop capability enhancement programs for the ANA staff on management, efficient use and implementation of the best practices in the area of water management.
