Tuesday, 02 January 2024 12:17 GMT

As Copper Prices Soar, Thieves Are Becoming More Brazen


(MENAFN- Investor Brand Network) Copper prices have rallied significantly this year, climbing about 30% on U.S. metal exchanges. Currently, the price stands at nearly $12,000 a ton. This high cost of the metal has attracted plenty of unwanted attention from thieves. The thieves have been vandalizing and making away with copper from electrical grid lines, telecommunication networks and from anywhere else that they can access the red metal for resale to recyclers and scrap metal buyers.

On the copper production front, the fortunes of exploration firms like Aston Bay Holdings Ltd. (TSX.V: BAY) (OTCQB: ATBHF) are looking up as investors seek to get exposure to this metal that is set to play an ever-increasing role in the construction of AI data centers, electric vehicles and a variety of...

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NOTE TO INVESTORS: The latest news and updates relating to Aston Bay Holdings Ltd. (TSX.V: BAY) (OTCQB: ATBHF) are available in the company's newsroom at

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