CCOXF - Good News For Mining Investors: United States And Peru Move Away From Royalty Payment Changes

• Both Peru and the US had proposed, recently, to raise royalties on mining projects in their respective countries.
• In Peru, a new prime minister has clarified the administration's priorities as being away from the constitutional redraft this would require.
• In the US, Senator Joe Manchin has announced the royalties will not be included in the Senate's version of the reconciliation infrastructure bill.
• Given the evenly-split Senate and his position on the committee overseeing mining, this is likely the end of the road for new mining royalties in the US for now.

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