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As promised Peru's leftist Humala strong arms miners into forking over profits

Frik Els | August 17, 2011 | 4:01 am Base Metals Precious Metals Europe Latin America Copper Silver 

Reuters reports Peru's mining firms have agreed to pay higher royalties in an overhaul of the current system, sources on both sides of negotiations between companies and President Ollanta Humala's government said on Tuesday. Under the new system, companies would...

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