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Georgian Mining Corp

Copper price jumps to 7-month high on Trump trade deal

In after hours trading in New York, copper for delivery in March added to gains earlier in the day, hitting $2.8310 a pound ($6,240 a tonne), a 7-month high and up 8% over seven straight sessions of gains.

President Donald Trump signed off on a phase-one trade deal with China, averting the December 15 introduction of another wave of US tariffs on about $160 billion of consumer goods from the Asian nation, according to people familiar with the matter told Bloomberg.

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.