Slow Peru Vote Count Tests Mining Investor Patience
Peru's slow presidential vote count is causing concern among mining investors. Analysts expect the sector to remain resilient despite political uncertainty.
Investors in the mining industry of Peru are expressing concern as the presidential election vote count continues to face delays amid claims of irregularities. While the nation is a critical global supplier of Copper and Gold, analysts suggest the sector may prove resilient despite the political friction.
The general election took place on April 12, but final results to determine who will face conservative frontrunner Keiko Fujimori in the June 7 runoff are not expected until mid-May. With approximately 93.6% of ballots counted, the race for second place remains extremely tight between leftist candidate Roberto Sanchez and ultra-conservative Rafael Lopez Aliaga, separated by a margin of roughly 14,000 votes.
