Jury still out on future of mining in Humala’s Peru

Former military leader Ollanta Humala, who 11 years ago tried to overthrow then-President Alberto Fujimori, has officially defeated Fujimori’s daughter Keiko for the presidency of Peru much to the consternation of Peruvian mining investors.

The Lima Stock Exchange Monday stopped all trading after the benchmark index declined 8.7%. The exchange itself was down 12.5%, the most drastic plunge since the global financial crisis in 2008.