Garofalo has been hard at work too, switching gears from executive roles at pure play mining companies into the royalty and streaming space. He took Gold Royalty public in March raising $90 million and the company has 18 net smelter return royalties covering 12 projects in the Americas.
Speaking of the Americas, this issue’s special focus is on South America, a continent that offers sweet mineral riches but sometimes serves them up with a sour side-dish of political risk. Santiago-based freelance contributor Tom Azzopardi weighs in on Peru’s upcoming presidential elections on June 6. Front-runners Keiko Fujimori and Pedro Castillo couldn’t be any more different. Keiko, the daughter of Peru’s former authoritarian president Alberto Fujimori, who is now in jail on human rights abuses and graft, has run for president twice and failed (2011 and 2016). Castillo, a hard-left candidate, union activist and former school teacher from the provinces, has been ahead of her in recent polls.
Fujimori is described as a centre-right politician, who also happens to be the subject of a criminal investigation herself (money-laundering charges she denies). She has vowed to crackdown on crime, pardon her father, and is supportive of the extractive industries.
