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

Copper Must Exceed $6,935 a Metric Ton to Extend Gains: Technical Analysis

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. 
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