Copper powered to a 29-month peak on Monday after higher than expected factory output in China reinforced views of solid demand from the world’s top consumer of industrial metals.
Three-month copper on the London Metal Exchange (LME) was up 1.8% at $7,106 a tonne at 1730 GMT, having touched its highest since June 2018 at $7,179.
KEFI Gold and Copper plc (LON:KEFI) is an exploration and development company focussed on gold and copper deposits, primarily in the highly prospective Arabian-Nubian Shield.