Mining Boss Sees Fervor Calming With Peru Leftist to Take Office

Peru’s mining industry is hopeful of avoiding the kind of drastic measures that would stifle investment and future production when Pedro Castillo takes office in the world’s No. 2 copper producer.

While the president-elect may have spoken of taking some extreme measures during the campaign, he may be more measured once in office, according to Victor Gobitz, president of Peru’s Institute of Mining Engineers.