Copper hit a seven-month high on Friday and was set for a fifth straight weekly gain after a US-China trade deal dispelled some worries over the health of the global economy, though it retreated from the day’s peak as the US dollar firmed.
Benchmark copper on the London Metal Exchange (LME) ended down 0.6 per ent at $US6,175 a tonne after reaching $US6,235.50, the highest since May 7.
It was up nearly 1.0 per cent last week and more than 5.0 per cent this month.
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.