Copper theft rises for first time this year

Share on facebook
Share on twitter
Share on linkedin
Share on email

The South African Chamber of Commerce and Industry has released its monthly ‘barometer’ on copper theft this morning – which covers telecoms and electricity cables stolen – and says that the amount of copper relieved of its rival owners has risen for the first time since September 2012. According to the figures, 158 metric tons of copper was lifted in June, compared to 132 tons in May – a rise of almost one fifth.

Before we go into panic mode, however, the report says that the figure is also 38% down year-on-year, compared to June 2012, and that falling international commodity prices means that the overall reduction in theft should continue to fall.

Full graph below.

copper theft barometer

(main image credit: Shutterstock)

Adam Oxford

Adam Oxford

Adam is the Editorial Director at htxt media. He has been writing about technology for almost two full decades now. In a previous life, he was the editor of PC Format and Digital Camera Shopper in the UK, before going on to work as a freelance journalist for seven years. His work has appeared in or on Stuff, The Guardian, Linux Format, TechRadar, Wired.co.uk, PC Gamer, Green Futures, The Journalist, The Ecologist and The Review. Adam moved to South Africa in 2012 and loves 3D printers, MakerFairs and tech hubs. He hates seafood. None of his friends remember this when cooking.

NEWSLETTER

BE THE FIRST TO KNOW