Analysis: Peru markets and miners fear Castillo, see silver lining in split vote

FILE PHOTO: Peru's presidential candidate Pedro Castillo addresses supporters, in Tacabamba, Peru June 6, 2021. REUTERS/Alessandro Cinque/File Photo

LIMA/SANTIAGO/NEW YORK (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.