Living in Peru : your everyday companion

Peru to Allow All Dutch Prisoners to Return Home

Dutch nationals in prison in Peru will likely be able to serve their sentences in the Netherlands. Foreign Minister Maxime Verhagen has agreed this with his Peruvian counterpart Jose Garcia Belaunde. "The Netherlands and Peru want to make agreements that can allow Dutch nationals in Peruvian prisons to serve their sentence in their own country," said Verhagen following the meeting with Garcia Belaunde. The Peruvian minister was in the Netherlands for a two-day working visit as part of a European trip. (NIS News - click here to read complete article)


Anthropologist Helps Unravel Mummy Mystery

Tulane University anthropologist Kit Nelson is the co-director of a National Geographic-sponsored team that is in the process of unraveling a mummy bundle found in Peru's historic Huaura Valley. The mummy is believed to have been an elite member of the Chancay culture, a civilization that thrived in the central coast of Peru from about 1000 to 1400 AD. The territory of the Chancay was later home to the Incas. (Science Daily - click here to read complete article)


Peru Orders Canada's Gold Hawk to Relocate Some Mine Operations

Canadian miner Gold Hawk Resources Inc. said Peru's government ordered the company to relocate some facilities at its gold and silver mine in the central Andes because of imminent risk of landslides. The Peruvian Cabinet chief's office declared a state of emergency at the Tamboraque Hill area, where the Coricancha mine has tailings facilities, Vancouver-based Gold Hawk said today in a statement distributed by Marketwire. (Bloomberg - click here to read complete article by Alex Emery)


`Expensive' Peruvian Stocks Downgraded by Citigroup's Dennis

Citigroup Inc. said investors should sell Peruvian stocks because the shares have grown expensive, and raised its recommendation on equities in Columbia to ``neutral.'' Geoffrey Dennis, Citigroup's New York-based Latin America equity strategist, cut his allocation for ``expensive'' Peru to ``underweight.'' according to a note to clients dated July 14. (Bloomberg - click here to read complete article by Roger Neill)