A new type of environment friendly polymer-modified waterproof mortar (PMWM) was developed through adding ethylene vinyl acetate (EVA)/vinyl acetate–vinyl ester of versatic acid (Va–VeoVa) mixture (re-dispersible emulsion powder), mine tailings, quartz sand and additives to the eco-cement, which was prepared by grinding the mixture of steel slag, blast-furnace slag, fly ash and activator. The optimal material proportioning of PMWM was obtained based on the Orthogonal experiment: re-dispersible emulsion powder, 11 wt.%; cement–sand ratio, 1: (tailings/quartz sand = 1:3); EVA/Va–VeoVa ratio, 1:1; water reducing agent (based on the cement weight), wt.%. The product conforms to JC/T 984- 2005 (China professional standard: Polymer–cement waterproof mortar). Some factors influencing the characteristics of the mortar were discussed. | Preparation and properties of an environment friendly polymer-modified waterproof mortar