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Copper theft on the rise as market tightens and metal prices vault higher

From smallcaps.com.au

It is not often the activity of criminals provides an investment idea, but when they start stealing copper wire from power stations, or from building sites, then you know it’s time to brush up on copper miners. Kingston in South Australia, a coastal centre more famous for Larry the big lobster, hit the headlines a few days ago when copper wiring was stolen from a nearby power station, plunging the town into the dark. What encouraged the thieves to risk their lives stealing copper from an active power station was the simple enticement of being able to sell it for a handsome profit thanks to a record copper price. More ... (full story)

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