Free Trial

President Castillo Says Govt Will Respect Mining Investments

PERU
  • PERU'S CASTILLO SAYS GOVT WILL RESPECT MINING INVESTMENTS
  • PERU SEEKS MINING THAT RESPECTS ENVIRONMENT, CASTILLO SAYS
  • PERU'S CASTILLO: GOVT WON'T MAKE UNILATERAL DECISIONS ON MINING (BBG)
  • This comes after new Prime Minister Mirtha Vasquez said four mines in the Andean region of Ayacucho wouldn't be allowed extensions on their operational timelines given environmental concerns last Friday.
    • With two of those precious metal mines operated by Hochschild Mining Plc, the company's stock plunged Monday. Shares in other Peruvian producers including Southern Copper Corp. and Cia. de Minas Buenaventura SA also slumped. (BBG)

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.