Copper prices rose overnight amid signs that US-China trade talks in Washington DC could de-escalate a dispute that has weighed on economic growth and metals prices.
Benchmark copper on the London Metal Exchange (LME) ended up 1.7 per cent at $US5,781 a tonne.
“There’s a lot of volatility in industrial metals markets linked to the tos and fros of the trade negotiations,” said WisdomTree analyst Nitesh Shah.
But he said a supply deficit that is likely to worsen in the coming years will probably support prices even if growth in demand for copper weakens.
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.