Peru Mining Leader Warns Candidates Threaten Investment
The National Society of Mining Petroleum and Energy warned that proposals from Keiko Fujimori and Roberto Sanchez could jeopardize 63 billion dollars in projects. Industry leaders argue that higher taxes or direct royalty distributions lack long-term sustainability for the sector.
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Peru mining industry leader Julia Torreblanca warned that presidential candidates' opposing policies jeopardize $63 billion in resource investments. Right-wing Keiko Fujimori and left-wing Roberto Sanchez face a runoff on June 7, which will determine fiscal stability and the production outlook for 70% of the country's Copper project pipeline.
