Tracking gains in base metals at the domestic spot markets, copper prices rose 0.12 per cent to Rs 450.70 per kg in futures trade on Monday.
At the Multi Commodity Exchange, copper for delivery in April traded higher by 55 paise, or 0.12 per cent, at Rs 450.70 per kg, in a business turnover of 1,068 lots.
Analysts said rising physical demand at the domestic spot market supported the upside but a weak trend overseas capped the rise.
Georgian Mining Corp (LON:GEO) is an AIM listed copper & gold development and exploration company. The Company, along with its 50% joint venture partner, Caucasian Mining Group, operates in Georgia on the prolific Tethyan Belt, a well-known geological region and host to many high grade copper-gold deposits and producing mines.