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Georgian Mining Corp

Copper ticks higher on hopes for a trade deal

Copper prices edged up Monday, buoyed by hopes for a trade agreement between the U.S. and China on a day of thinner-than-normal volumes.

The industrial metal was up 0.3% at $6,243.50 a metric ton, with trading volumes expected to drain away later in the day with the U.S. on vacation.

 

Georgian Mining Corporation (LON:GEO) has 50% ownership of the Bolnisi Copper and Gold Project in Georgia, situated on the prolific Tethyan Belt, a well-known geological region and host to many high-grade copper-gold deposits and producing mines. 

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