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Peru's socialists cheer election win as conservatives pledge to fight on


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Peru s presidential candidate Pedro Castillo addresses supporters from the headquarters of the Free Peru party, in Lima, Peru June 10, 2021. REUTERS/Angela Ponce
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Peru s socialist party and presidential candidate Pedro Castillo have cheered their likely victory in the Andean country s tightly-contested election, despite right-wing rival Keiko Fujimori s pledge to fight on until the last vote is counted.
The polarized contest, a crossroads moment for the mineral-rich nation, seems set to tilt Peru sharply to the left, which has rattled the political establishment, markets and miners in the world s no. 2 producer of the red metal copper.
Castillo, a former teacher, is leading with 50.14% of the vote with 99.935% of ballots tallied, with the route back for Fujimori, who has made unfounded allegations of fraud, looking increasingly unlikely - barring an unexpected late twist. ....

Alberto Fujimori , Region De La Libertad , United States , Keiko Fujimori , Pedro Castillo , Thomson Reuters Trust Principles , President Alberto Fujimori , Latin American , Thomson Reuters Trust , பகுதி டி லா லிபர்டாட் , ஒன்றுபட்டது மாநிலங்களில் , பேடரோ காஸ்டிலோ , தாம்சன் ராய்ட்டர்ஸ் நம்பிக்கை ப்ரிந்ஸிபல்ஸ் , லத்தீன் அமெரிக்கன் , தாம்சன் ராய்ட்டர்ஸ் நம்பிக்கை ,

Heady gold price entices Russian mogul to IPO


Severstal co-owner Alexey Mordashov is pictured in Moscow, Russia, February 7, 2018. REUTERS/Sergei Karpukhin
For Russian tycoon Alexey Mordashov, toppy gold prices are too good to pass up. The steel magnate ally of Russian President Vladimir Putin will take Nord Gold, the gold miner he owns with his sons, public in London after it was delisted in 2017. Last year, despite keeping production flat, Nord Gold reported a 52% increase in adjusted EBITDA to just over $1 billion thanks to rising prices of the yellow metal. If valued in line with peer Polyus (PLZL.MM), which trades at 9 times trailing EBITDA, according to Refinitiv, Nord Gold could be worth almost $10 billion. ....

City Of , United Kingdom , Vladimir Putin , Dasha Afanasieva , Alexey Mordashov , Federal Reserve , For Russian , Russian President Vladimir Putin , Nord Gold , நகரம் ஆஃப் , ஒன்றுபட்டது கிஂக்டம் , விளாடிமிர் புட்டின் , கூட்டாட்சியின் இருப்பு , க்கு ரஷ்ய , ரஷ்ய ப்ரெஸிடெஂட் விளாடிமிர் புட்டின் , நார்ட் தங்கம் ,