Peruvian Marxist party Peru Libre has won mayoral elections in five districts next to MMG Ltd's massive Las Bambas copper mine, with one new mayor-elect telling Reuters he hopes to serve as "mediator" to end social conflicts. Luis Ivan Cruz was elected in a Sunday vote, becoming the new mayor-elect of Challhuahuacho, the town closest to Las Bambas, the world's No. 2 copper producer. Cruz belongs to the same party that helped elect Peruvian President Pedro Castillo last year.
South African coal miner Seriti Resources may export some coal produced from its New Largo mine project, Chief Executive Mike Teke said on Wednesday, as global demand for the fossil fuel surges. New Largo is conceived as a feeder mine for the Kusile coal-fired power plant owned by state power company Eskom. "At the moment it is dedicated to Eskom," Teke said in an interview on the sidelines of the Joburg Indaba mining conference.
* Latam FX, stocks down as dollar rebounds * Brazil's industrial output falls in August * Romania raises interest rate by 75 bps * Poland holds interest rates By Amruta Khandekar Oct 5 (Reuters) - Latin American currencies and stocks fell on Wednesday after a three-day rally, with the dollar gaining ground as recent market optimism driven by bets of less aggressive policy moves by central banks to combat inflation fizzled out. Risk-sensitive assets such as emerging market (EM) stocks and currencies had received a shot in the arm earlier this week after weak U.S. economic data and a smaller-than-expected interest rate hike from Australia spurred hopes that central banks may take a less hawkish approach.