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Georgian Mining Corp

Base Metals: Zinc, copper, nickel edge up in futures trade owing to rise in demand

Copper futures traded higher by 20 paise to Rs 438.20 per kg in futures trade on Wednesday after speculators built fresh positions owing to rise in spot demand.

On the Multi Commodity Exchange, copper contracts for October delivery rose by 20 paise, or 0.05 per cent, to Rs 438.20 per kg in a business turnover of 1,772 lots.

Georgian Mining Corp (LON:GEO) is an AIM listed copper & gold development and exploration company that operates mainly in Georgia on the prolific Tethyan Belt.

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.