From Z Mag
"Peru’s 13-year economic expansion is attributed largely to the country’s mining resources. High prices for precious metals have sent export earnings soaring and pushed growth rates to historic highs. Over the next decade, $50 billion in new mining investments are planned. So far, only 10 to 12 percent of the potential mining area has been explored. The inflow of multi-billion dollar investments has given transnational mining companies a huge influence over the country’s future. But the rewards from mining are not permanent as most mines last only about 20 years."
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