• 393 days Will The ECB Continue To Hike Rates?
  • 394 days Forbes: Aramco Remains Largest Company In The Middle East
  • 395 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 795 days Could Crypto Overtake Traditional Investment?
  • 800 days Americans Still Quitting Jobs At Record Pace
  • 802 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 805 days Is The Dollar Too Strong?
  • 805 days Big Tech Disappoints Investors on Earnings Calls
  • 806 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 808 days China Is Quietly Trying To Distance Itself From Russia
  • 808 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 812 days Crypto Investors Won Big In 2021
  • 812 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 813 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 815 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 816 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 819 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 820 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 820 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 822 days Are NFTs About To Take Over Gaming?
Zombie Foreclosures On The Rise In The U.S.

Zombie Foreclosures On The Rise In The U.S.

During the quarter there were…

How The Ultra-Wealthy Are Using Art To Dodge Taxes

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

Is The Bull Market On Its Last Legs?

Is The Bull Market On Its Last Legs?

This aging bull market may…

Ian Campbell

Ian Campbell

Through his www.BusinessTransitionSimplified.com website and his Business Transition & Valuation Review newsletter Ian R. Campbell shares his perspectives on business transition, business valuation and world…

Contact Author

  1. Home
  2. Markets
  3. Other

Interview - Peru Politics and Economy

There is a lot of interest among those who hold shares in mining companies (and likely shares in companies in other sectors) that operate in Peru and other developing countries. I was pleased to have the opportunity last Thursday to interview Jean Martineau, Chairman and CEO of Dynacor Gold Mines Inc. (TSX:DNG).

Headquartered in Montreal, Quebec, Dynacor Gold Mines Inc. engages in the acquisition, exploration, and development of mining properties in Peru. The company primarily explores for gold, and custom mills gold for third parties. Dynacor owns interests in three Peruvian exploration and development properties. Mr. Martineau has been active in Peru for over 15 years, is fluent in both spoken and written Spanish, spends several months each year in Peru, has many Peruvian senior government and executive contacts, and is well attuned to the current Peruvian Political and Economic circumstances and climate. In the interview - listening time about 23 minutes - Mr. Martineau:

  • describes Peru's political system;

  • describes the economic development of Peru over the last 10 years;

  • highlights the last 10 years of Peru's political history;

  • discusses the current political climate in Peru as he currently assesses it;

  • discusses his views of the attitudes of the Peruvian population at large toward foreign investment in general, and foreign mining investment in particular;

  • summarizes his views with respect to the policies of outgoing Peruvian President Alan Garcia, and the policies he currently anticipates from incoming President Ollanta Humala - who will be sworn into office on July 28; and,

  • summarizes how he currently assesses 'Peru political and economic risk' to a company operating in Peru on July 7, 2011 (the day I interviewed him) in respect of such things as continuing operations, labour availability, changes in income tax and mining royalty rates.

Mr. Martineau participated in this interview from his Montreal office. He will be in Peru on July 28, and has agreed to a follow-up interview on his return to Canada. If you take the time to listen to this interview, I think you will be impressed with the depth of Mr. Martineau's experience and knowledge with respect to Peru. I think you will also be impressed with the independent and objective way he responded to my suggested topics and questions.

 


Disclosure: I currently do not own, or control the ownership of, any Dynacor common shares, outstanding options, or outstanding warrants. Dynacor is not an advertiser on StockResearchPortal.com. Neither I nor StockResearchPortal.com has or will receive compensation in connection with my interview of Mr. Martineau, or in connection with its availability on StockResearchPortal.com.

 

Back to homepage

Leave a comment

Leave a comment