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Georgian Mining Corp

Copper trade up in futures amid strong demand

Copper prices on Monday traded up by Rs 1.15 at Rs 431.25 per kg in futures trade on pick-up in spot demand.

On the Multi Commodity Exchange, copper contracts for delivery in November traded higher by Rs 1.15, or 0.27 per cent, to Rs 431.25 per kg in a business turnover of 889 lots.

Similarly, the metal for delivery in December edged up by 60 paise, or 0.14 per cent, to Rs 436.65 per kg in 1671 lots.

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.