RE:Politics set to keep a lid on investments in PeruAll need to remember that Hudbay has a tax agreement with the government of Peru that runs until 2031...
Othere majors in the region have them as well
I have said this before with the price of copper Castillo will be flush with cash at the current price of all metals and will have the financial resouces to meet some of his social agenda spending even if he has to back of tax changes...
Hudbay has maintained a very strong social license with the communities around the mine and it will help them in the future...
They have already shown they are a socially mineded company working with the local communities while their federal government kept the tax revenues out of the mining area's.
Castillo win could benefit companies such as Hudbay with all of the drill bit opportunities they have around the Constancia mine operation.