Copper is poised to rise for a third straight week, notching its longest winning streak since mid-January.
Prices for the industrial metal have most recently been boosted by this week’s series of interest-rate cuts by China’s central bank and a potential new spending drive to revive growth.
China, the world’s second-largest economy, is one of the biggest global buyers of copper, which is widely used in construction and manufacturing.
London-listed company KEFI Gold and Copper plc (LON:KEFI) is an exploration and development company focused on gold and copper deposits in the highly prospective Arabian-Nubian Shield. The Company operates in Ethiopia and Saudi Arabia with projects including Tulu Kapi project, Jibal Qutman EL and Hawiah.