Is looking better by the day,

Investors quailed when economic nationalist Ollanta Humala was elected President of Peru June 5. Peru ranks first in the world for production of silver—second for copper and zinc, sixth for gold—and Peruvian mining stocks were hit hard June 6. For example, the country's largest precious metals producer, Compania de Minas Buenaventura, plunged 11.7%. However, Humala's recent cabinet appointments of moderates, and his decision to retain economist Julio Velarde as Central Bank President would appear to have turned the tide of world opinion.

Link: http://resourceclips.com/2011/07/27/perus-presidents-prudence/?