Loading ...This is the trend I was talking about. Natives not happy with local leadership making agreements with foreign miners Swiss in this case, doing business, taking Copper from their land. Granted it creates jobs and they pay royalties but people that are not happy with the past, will elect a “Trump” in many countries.
Then the status quo, is not happy. And throw out the “Trump.” Then they protest. BTW I’m seeing news big shots predicting a general market crash. Two articles today alone. This could be Jawboning to headwind the market speculation. If markets keep going up Fed will HAVE to raise rates, they don’t want to do that. Talking the market down makes better sense to them.
Parts:
Unrest has rattled Peru since the ouster and arrest of former President Pedro Castillo (a “Trump”) late last year. Protest leaders are demanding a general election. According to the Swiss miner, a group of citizens from the Espinar province, where Antapaccay is located, arrived at the site Friday noon and demanded that operations be stopped and that the firm issue a communiqué asking for the resignation of Peruvian President Dina Boluarte.
Glencore halts operations in Peru due to violent protests – MINING.COM