Copper climbs

Melbourne

London copper climbed on Monday to its highest in four weeks after a shock miss in May's U.S. jobs data pushed back expectations for a rate rise this month and pummelled the dollar.

As a result, the dollar languished at its lowest in over three weeks in early trade, boosting the buying power for commodities of consumers paying with other currencies.

Three-month copper on the London Metal Exchange advanced by 0.8 percent to $4,726 a tonne by 0703 GMT, having earlier touched $4,748 which was the strongest since May 12. Prices rose 1.7 percent on Friday.

Copper production in Democratic Republic of Congo, Africa´s top miner of the metal, dropped 20 percent in the first quarter.

In other metals, Shfe zinc and ShFE nickel rallied more than 2 percent at one stage, pulled up by solid gains in end-use sector steel.