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October 8, 2008 2:14:09 AM CDT

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Stories related to: copper

Stories

5 Stories

  • August 2008

    • Construction Theft Is Building Concern

      New York Times  |  Aug 28, 08 9:33 AM CDT

      Construction Theft Is Building Concern

      (Newser) - Increasing theft of building materials from construction sites, especially residential projects, is driving up the cost of homes to consumers as much as 10%, the New York Times reports. Experts say as much as $5 billion a year is being lost to thieves looking to profit from skyrocketing prices for building materials and metal prices. More »

      Tags

      crime  • theft  • construction  • law enforcement  • metal prices  • home builders  • copper  • commodity prices

  • May 2008

    • Sculpture Thieves Seek Scrap Metal

      Wall Street Journal  |  May 1, 08 4:39 PM CDT

      Sculpture Thieves Seek Scrap Metal

      (Newser) - A wave of sculpture thefts has little to do with the pieces’ artistic merit: Police believe they’ve been stolen for their valuable copper content, the Wall Street Journal reports. In the past 18 months, three public artworks displayed in Brea, Calif., have disappeared—and the trend is appearing across the country, pushing some artists to consider dropping bronze as a medium. More »

      Tags

      art  • commodities  • sculpture  • art theft  • copper  • public sculpture

  • April 2008

    • Broken Tech Becomes Gold Mine, Literally

      Reuters  |  Apr 28, 08 2:03 PM CDT

      Broken Tech Becomes Gold Mine, Literally

      (Newser) - No matter how broken it is, your old cell phone is still valuable to some people. That’s because it, like most electronics, is loaded with copper, iridium, gold, and other commodities that are becoming more expensive by the day. “To some it's just a mountain of garbage, but for others it's a gold mine," one recycling-plant manager tells Reuters. More »

      Tags

      commodities  • consumer electronics  • recycling  • gold  • copper

    • Steal the Pipes, Ditch the House

      Reuters  |  Apr 2, 08 3:04 PM CDT

      Steal the Pipes, Ditch the House

      (Newser) - Rising metal prices have rendered some foreclosed homes worth less than their plumbing, and thieves are stripping the vacant abodes of copper, aluminum, and brass to fuel a lucrative overseas trade. Several states have hardened penalties for metal theft, but skyrocketing nonferrous metals prices have thieves risking steel cages for copper pipes, reports Reuters. More »

      Tags

      housing crisis  • subprime crisis  • foreclosure  • burglary  • black market  • metal prices  • copper

  • February 2008

    • Rio Tinto Rejects $147B BHP Bid

      Wall Street Journal  |  Feb 6, 08 11:24 AM CST

      Rio Tinto Rejects $147B BHP Bid

      (Newser) - Rio Tinto today rejected a $147.4B bid from rival mining giant BHP Billiton, the Wall Street Journal reports. Although the bid would have been one of the largest takeovers ever, Rio is holding out for a sweeter deal. "BHP Billiton's offers, while improved, still fail to recognize the underlying value of Rio Tinto's quality assets and prospects," a company statement reads. More »

      Tags

      aluminum  • copper

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