Leftist candidate in copper giant Peru wants new mining rules

Geopolitics · Mining.com ·

Leftist candidate in copper giant Peru wants new mining rules

Leftist presidential candidate Roberto Sanchez, on the verge of reaching Peru's runoff election, is pledging to overhaul mining rules in the world's third-largest copper producer. Sanchez plans to review tax contracts with major miners and levy windfall profits, adding political uncertainty to an industry already rattled by tight global copper supply and soaring prices.

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