South Africa May Make Copper Precious Metal, Halt Theft, Business Day Says-Shanghai Metals Market

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South Africa May Make Copper Precious Metal, Halt Theft, Business Day Says

Industry News 03:25:04PM Jun 22, 2010 Source:SMM

Jun 22, 2010 (Bloomberg) -- Copper may be designated a precious metal in South Africa to make it more difficult for thieves of the commodity to trade it, Business Day reported, citing Public Enterprises Minister Barbara Hogan.

South Africa loses as much as 7 billion rand ($930 million) every year because of theft of copper cables that are used for commuter transport and telecommunications, the Johannesburg- daily paper reported, citing the Democratic Alliance, an opposition party.
 

Key Words:  copper Cu  precious metal 

Price

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1# Zinc
Jun.24
19760.0
-130.0
(-0.65%)
0# Zinc
Jun.24
19830.0
-130.0
(-0.65%)
T/C for domestic zinc concentrate
Jun.01
6350.0
0.0
(0.00%)
T/C for imported zinc concentrate
Jun.01
240.0
0.0
(0.00%)
Zinc Alloy (Zamak3/ZX01)
Jun.24
20730.0
-130.0
(-0.62%)

South Africa May Make Copper Precious Metal, Halt Theft, Business Day Says

Industry News 03:25:04PM Jun 22, 2010 Source:SMM

Jun 22, 2010 (Bloomberg) -- Copper may be designated a precious metal in South Africa to make it more difficult for thieves of the commodity to trade it, Business Day reported, citing Public Enterprises Minister Barbara Hogan.

South Africa loses as much as 7 billion rand ($930 million) every year because of theft of copper cables that are used for commuter transport and telecommunications, the Johannesburg- daily paper reported, citing the Democratic Alliance, an opposition party.
 

Key Words:  copper Cu  precious metal