Mines and votes: Socialist Castillo sweeps Peru’s key mining regions

mines and votes socialist castillo sweeps perus key mining regions

Sumary of Mines and votes: Socialist Castillo sweeps Peru’s key mining regions:

  • The high support in districts where key mines are located underscores how tensions have burst through after years of conflict between mining firms and the local communities who often say they are left behind and do not share in the wealth..
  • In mining provinces such as Cotabambas, Espinar and Chumbivilcas, over nine out of 10 people voted for Castillo, election data show, propelling him to a narrow but sustained lead ahead of conservative rival Keiko Fujimori..
  • Those regions are home to major mines such as the huge Las Bambas copper mine, operated by China MMG Ltd, Glencore Antapaccay and Constancia of Canada Hudbay Minerals..
  • Overall, the election data showed that Castillo received more than 65% support in at least 10 provinces where key copper, gold, silver, and zinc mines are located, giving him a strong mandate in those areas to push reforms..
  • Article content The election has not yet officially been called, but Castillo is expected to hold on to his narrow 50.2%-49.8% lead after gaining strong support from poor rural areas with pledges to redraft Peru constitution and redistribute mineral wealth..
  • Fujimori, a divisive but market-friendly candidate, had looked to lure support from mining regions with a pledge to give funds raised from mining directly to local communities, but the move appears to have fallen short with voters….

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