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 the evidence. Taking a page from Donald Trump’s book, Fujimori has asked the JNE to annul the results from 802 voting booths, the vast majority in regions that ... (full story)