GOLDEN OPPORTUNITY
Peru Mines Minister Gonzalo Tamayo poses for a photograph at his office in Lima while highlighting gold’s best start to a year in decades. Tamayo expects gold’s current good fortune to boost mine development in Peru and provide investment relief for Latin America’s biggest gold producer. Peru President Pedro Pablo Kuczynski, a former investment banker and mining executive, has proposed the establishment of a bank to lend to artisanal miners that respect labour, tax and environmental rules, in contrast to his predecessor, former President Ollanta Humala, who used explosives to combat wildcat gold miners in the Amazon jungle, in a bid to stem deforestation and mercury pollution.
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