Recent statements from the Peruvian government do not bode well for implementation of Peru’s new Indigenous Peoples Consultation Law…The…law…requires the Peruvian government to consult indigenous peoples affected…by development policies and projects…However…Peru’s…Executive branch declarat[ed] that…campesina…communities do not qualify…[and] the…government announced that it will proceed with 14 mining projects…without prior consultation...[C]ompanies…should recognize that…they will be at a competitive disadvantage in the end…[I]f Peru proceeds with mining projects…the government will risk being taken to the Inter-American Court of Human Rights…In addition…[i]n Peru, mining giant Newmont reported that it lost approximately $2 million per day in the first few days alone after local protests paralyzed its Conga mining project…A rollback of the law could have serious repercussions for many…