Member access

4-Traders Homepage  >  Shares  >  London Stock Exchange  >  Xstrata PLC    XTA   GB0031411001

XSTRATA PLC

 (XTA)

42
SummaryQuotesChart AnalysisNewsCalendarCompanyFinancialsConsensusForum 

Peru Poll: Humala's Approval Rating Dragged Down on Mining Protests

06/15/2012| 11:01am US/Eastern
Recommend:
0

LIMA--President Ollanta Humala's approval rating has slipped to 43% in June from 55% in the previous month, a sign that social conflicts in the mining sector have started to affect the president's popularity, a new national poll shows.

The survey from pollster Datum, released Friday, showed a 49% disapproval rating for Mr. Humala, while 8% was undecided or didn't comment. The poll is the first to show disapproval of the president higher than his approval rating since he took office last July.

The release of the poll follows protests held against Xstrata PLC's (>> Xstrata PLC) Tintaya copper mine, where two people were killed, and ongoing demonstrations against Newmont Mining's (>> Newmont Mining Corporation) Minas Conga copper and gold project.

Minas Conga, which is Peru's biggest private sector investment project, has been on hold since late last year. While some local politicians and residents continue to oppose the project, the poll said that national support for Minas Conga has increased. Datum said that 60% of respondents support the project, while 29% say it should not be developed.

Humala, a former military officer, took office July 28 last year for a five-year term.

The Datum poll of 1,216 persons was taken June 8-11 and has a margin of error of 2.9 percentage points. The poll was published in newspaper Gestion.

Write to Ryan Dube at ryan.dube@dowjones.com

Stocks mentioned in the article : Xstrata PLC, Xstrata PLC, Newmont Mining Corporation
Recommend :
0
Partner Area
React to this article
 
Latest news on XSTRATA PLC
06/12DJFormer Morgan Stanley Chairman Joins Glencore Xstrata Board
06/12DJFTSE Edges into Red; Severn Trent, Vodafone Lower on M&A News
06/12DJFormer Morgan Stanley Chairman Joins Glencore Xstrata Board
05/03 Xstrata idles Australia nickel mine as reserves dry up, prices weaken
05/02DJGLENCORE XSTRATA CEO: Focus on Integration, Profit in Newly Merged Mining Compa..
05/02DJGlencore Xstrata's Success Will Depend on Intergration, Coal's Price - CEO
05/02DJGlencore Xstrata's Success Will Depend on Intergration, Coal's Price - CEO
05/02 Insight - Flexing antitrust muscle, China is a new merger hurdle
05/02DJLONDON MARKETS: U.K. Stocks End Higher After ECB Rate Cut
Advertisement
Chart
Duration : Period :
Xstrata PLC Technical Analysis Chart | XTA | GB0031411001 | 4-Traders
Income Statement Evolution
Xstrata PLC : Income Statement Evolution
More Financials
Dynamic quotes  
ON
| OFF
Copyright © 2013 Surperformance. All rights reserved.