Politics & Risk

Politics and political risk
First with attack on Peru mine, evidence of hostility to investors

First with attack on Peru mine, evidence of hostility to investors

Reuters was well ahead of competitors with news of an attack by unknown gunmen on Nov 1 that killed three people at Chinese resources firm Zijin’s Rio Blanco copper mining camp in Peru. The Lima bureau rightly highlighted the risk to Peru’s investment standing. Reuters first alert was unmatched by competitors and we correctly explained the risks that Chinese and other foreign investors face from conflicts over control of natural resources, and the rise of resource nationalism in Peru and other Latin American countries.

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