By Marco Aquino

LIMA, May 27 (Reuters) - The president of Peru's National Society of Mining, Petroleum and Energy (SNMPE), on Tuesday warned ‌that opposing mining policies from the two presidential candidates ‌heading into the June 7 runoff vote may jeopardize billions of dollars in investment.

Julia ​Torreblance, SNMPE president told Reuters that neither candidate's proposals for the mining industry are sustainable.

• Right-wing candidate Keiko Fujimori and left-wing candidate Roberto Sanchez prepare to face off in a vote that could reshape the ‌outlook for one of ⁠Latin America's most important resource economies.

• Torreblanca said neither candidate's proposal "works or is sustainable in the long term."

• ⁠Fujimori proposes distributing 40% of mining royalties directly to communities near mines and creating a "fast track" for strategic mining projects with tax incentives for ​reinvesting profits.

• ​Sanchez has proposed raising taxes ​and royalties, reviewing large mining ‌companies' contracts, and seeking a referendum to draft a new constitution to expand the state's role in the economy.

• Torreblanca said a higher tax burden could deter investment in Peruvian mining projects totaling some $63 billion, 70% of which is in copper projects in the country's ‌southern Andean regions.

• Total mining tax revenue ​reached approximately 26 billion soles ($7.59 billion) last ​year, a record high ​driven by elevated gold and copper prices, according to ‌official data.

• Last year, the ​government transferred the equivalent ​of $2.93 billion to authorities in mining-affected regions for community development from income tax and royalties, official data showed.

• Torreblanca called ​instead for strengthening the ‌state to ensure mining revenues are spent efficiently, citing more ​than 2,000 stalled public works projects.

($1= 3.426 soles)

(Reporting by ​Marco Aquino, Editing by Iñigo Alexander)