Peru seeks mining investment revival with pledge to end 'chaos, disorder'

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By Marco Aquino LIMA (Reuters) - Peru is looking to put the

"chaos" of months-long protests earlier this year behind it to revitalize flagging mining investment in the world's no. 2 copper producingBy Marco Aquino

"We are not going to allow the country to fall into chaos, disorder and insecurity," Otarola told hundreds of gathered mining business leaders, adding the government was also working to streamline environmental permitting regulations. "There is concern because there is not much clarity regarding where the new government is going," said Raúl Jacob, vice president of finance at Grupo Mexico's Southern Copper, Peru's third largest copper producer.

At the mining conference, Minister of Energy and Mines Oscar Vera argued that the government had"unlocked" nine projects this year, although all are expansions or medium-sized ventures.

 

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