RIO DE JANEIRO, BRAZIL - (REUTERS) Peru’s market and mining watchers are wary of a presidential election victory for socialist Pedro Castillo, who was building a narrow lead on Monday, but see a potential silver lining: a sharply split vote could hinder his plans for dramatic reforms.
The leftist candidate has rattled miners and investors since a surprise win in the first-round vote in April, pledging to tear up Peru’s decades-old constitution and take up to 70% of profits from firms mining in the country’s copper-rich Andes.
On Monday the former teacher and union leader. . .