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Georgian Mining Corp

Copper rises higher as trade deal hopes trigger short-covering

Copper climbed for a third session running on Tuesday as hopes of a U.S.-China trade deal prompted bearish investors to buy back positions.

Shares in Asia hit six-month highs, the Chinese yuan advanced to a three-month peak and oil also rose after people close to the negotiations said China was pushing U.S. President Donald Trump to remove more tariffs imposed in September as part of a so-called Phase 1 trade deal.

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.