Peru's government proposed on Friday "a new approach" for mining companies to end social gaps and avoid conflicts in the sector, a measure taken after several conflicts in the country in recent months. Prime Minister Anibal Torres said during a conference between executives of large mining firms that the new "attitude" aimed to promote local and foreign investment.
Peruvian central bank President Julio Velarde on Wednesday said the country's benchmark interest rate "probably" does not need to rise much further, after over a year of consecutive increases amid high inflation. Velarde, however, cautioned in a presentation at the Perumin mining conference that this will depend on incoming inflation data.
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