Peru presidential candidates' mining plans cast doubt on investment, industry leader says
Peru's presidential candidates are presenting conflicting mining policies that could impact future investments in the sector. Industry leader Julia Torreblanca expressed concerns that neither candidate's approach is sustainable for the long term. The upcoming runoff vote on June 7 could significantly influence the direction of Peru's mining industry, which is vital to its economy.
- ▪Julia Torreblanca warned that opposing mining policies may jeopardize billions in investment.
- ▪Right-wing candidate Keiko Fujimori proposes distributing 40% of mining royalties to local communities.
- ▪Left-wing candidate Roberto Sanchez aims to raise taxes and review contracts with large mining companies.
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Peru presidential candidates' mining plans cast doubt on investment, industry leader saysSign up now: Get ST's newsletters delivered to your inboxPublished May 27, 2026, 11:24 PMUpdated May 27, 2026, 11:24 PMLIMA, May 27 - The president of Peru's National Society of Mining, Petroleum and Energy (SNMPE), on Tuesday warned that opposing mining policies from the two presidential candidates heading into the June 7 runoff vote may jeopardize billions of dollars in investment.Julia Torreblance, SNMPE president told Reuters that neither candidate's proposals for the mining industry are sustainable.• Right-wing candidate Keiko Fujimori and left-wing candidate Roberto Sanchez prepare to face off in a vote that could reshape the outlook for one of Latin America's most important resource economies.•…
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