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Peru copper output at risk as leftist Castillo leads in presidential election
Peru, the world’s second largest copper producing country, could see mining output decrease as socialist candidate Pedro Castillo emerges as the winner of the presidential elections, with 99.6% of the votes already counted. According to the latest update, at 06:21 am ET, Castillo had about 50.2% of the vote, holding a slim lead of roughly 60,300 votes (or 0.344%) over conservative rival Keiko Fujimori, who has yet to concede and has alleged fraud, despite evidence. The National Election Board (JNE) cannot yet declare a winner because of the challenge presented by Fujimori’s campaign. Taking a page from Donald ... (full story)