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KEFI Minerals Plc

Copper touches 6-week high on US-China trade truce

Copper rallied to its highest in six weeks on Monday, after the United States and China agreed to restart trade talks, reducing tensions between the world’s two largest economies that have been threatening global growth and demand for metals.

Benchmark copper in London rose as much as 1.4% to $6,075 a tonne, its highest since May 20, before easing slightly to $6,057.50 a tonne at 0334 GMT. Shanghai copper advanced 0.7% to 47,320 yuan ($6,918.03) a tonne.

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.