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KEFI Minerals Plc

Copper rises to a 6-week high

Copper jumped to its highest level in six weeks on Thursday after the United States said it would delay imposing a new round of tariffs on China, raising hopes that a thawing of tensions would bode well for demand for the metal.

U.S. President Donald Trump welcomed China’s decision to exempt some U.S. anti-cancer drugs and other goods from its tariffs and announced a short delay to scheduled tariff hikes on Chinese goods.

KEFI Minerals plc (LON:KEFI) is an exploration and development company focussed on gold and copper deposits, primarily in the highly prospective Arabian-Nubian Shield.

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