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 Trump’s ... (full story)