set Candente stock on fire.

In that article they wrote “Peru’s President-Elect Ollanta

Humala will meet with mining companies “in coming days”

to discuss a windfall tax, said Pedro Martinez, president of

the National Society of Mining, Petroleum & Energy.

Representatives from the industry group will meet with

Humala’s advisers to reach a “technical” solution that won’t

make Peru less competitive than nations like Chile and Canada,

Martinez said. Humala, who pledged to raise taxes after

copper and gold rose to records this year, will take office

July 28.

“We must be very careful with tax policy as the key for

investors is confidence,” Martinez told reporters today in

Lima. “If we don’t send clear signals to investors that this

growth model will continue, we’ll be shooting ourselves in

the foot.”

Investment has slowed over the past three months in

Peru, the world’s third-largest copper and zinc producer,

amid concern over Humala’s proposals, Martinez said. As

much as $42 billion in planned mining investment may be

derailed if Humala changes investment rules, South Copper

Corp. (SCCO) Chief Executive Officer Oscar Gonzalez Rocha

said June 14.”