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Peru Election Stakes $63B Mining Projects, Tax Plans Diverge

5/28/2026

46 3 Full Breakdown

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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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