Story perspectives
Peru Election Stakes $63B Mining Projects, Tax Plans Diverge
5/28/2026
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Torreblanca Warns
- Industry leaders Julia Torreblanca warned on May 27 that the runoff candidates’ mining plans could jeopardize $63 billion of projects in Peru.
- Moody’s says a Sanchez victory may weaken investor confidence, while a Fujimori win would likely preserve Peru’s macroeconomic framework overall.
- Fujimori proposes allocating 40 percent of mining royalties directly to communities near mines.
- Sanchez proposes raising mining taxes and royalties to significantly increase state revenue.
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