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City seeks $1M to address copper wire theft and streetlight repairs

City seeks $1M to address copper wire theft and streetlight repairs

On Friday, two members of the Los Angeles City Council proposed allocating over $1 million for additional streetlight repairs. This effort comes as the city already spends more than $20 million annually on related issues, leaving some areas in darkness. The motion was put forth by City Council member Nitya Raman, who is also a […]

Wine Country isolated from the rest of America following a series of bold copper wire thefts

Wine Country isolated from the rest of America following a series of bold copper wire thefts

Copper thefts have surged in rural Sonoma County, causing significant disruptions to power and internet services — residents have reportedly been without these essential services for two weeks. The Sonoma County Sheriff’s Office revealed that thefts of copper wire, primarily from AT&T poles, began to be recorded across locations like Sebastopol, Graton, Forestville, and Petaluma […]

Copper thieves disrupt internet and street lighting in Van Nuys

Copper thieves disrupt internet and street lighting in Van Nuys

The issue of copper theft continues to trouble residents in Los Angeles. In Van Nuys, thieves have targeted internet cables, disrupting service and leaving neighborhoods dark. Surveillance footage captured the moment two individuals—one without a shirt and wearing a mask, the other in a hoodie—pulled copper wire from an underground access point. The incident took […]

Charts: Copper surplus in the US conceals refining issues

Charts: Copper surplus in the US conceals refining issues

U.S. Copper Production: Potential vs. Processing Limitations The United States manages to produce more raw copper than it actually requires, yet it sits at a disadvantage with its processing capabilities. This gap means that manufacturers often rely on smelters from other countries, according to a recent report. Benchmark Mineral Intelligence highlights that the U.S. can […]

Copper prices: Pressures increase as worldwide smelting operations reach ten-year low

Copper prices: Pressures increase as worldwide smelting operations reach ten-year low

Stock image. Copper prices experienced a rise through 2025, albeit with significant fluctuations, largely impacted by supply disruptions in Indonesia and South America resulting from tariff issues. However, the prices have declined again this year. On Thursday in New York, copper for March delivery dropped over 3%, settling at $5.78 per pound ($12,740 per tonne), […]

Midnight Sun emerges in the copper region of Zambia and the DRC, where major powers unite.

Midnight Sun emerges in the copper region of Zambia and the DRC, where major powers unite.

Adrian Carolko, vice president of exploration, and Kevin Bohnell, chief operating officer, are examining the core of the Dambuwa target. Midnight Sun Mining, a Canadian exploration company, has recently announced its first resource in the Zambia-Congo Copperbelt. This area is currently seeing a surge in investment reminiscent of Cold War dynamics, which is pushing copper […]

Reasons Copper Might Perform Better Than Gold and Silver in 2026

Reasons Copper Might Perform Better Than Gold and Silver in 2026

The assessment hinges on solid data rather than emotions. Demand is structural. Supply is lacking. Currently, global copper demand is approaching 25 million tonnes annually. To meet decarbonization and electrification goals, this figure is expected to nearly double in the next few decades. Electric vehicles require significantly more copper compared to traditional internal combustion engine […]

Copper Drops as LME Trading Pause Concludes a Chaotic Week for Metals

Copper Drops as LME Trading Pause Concludes a Chaotic Week for Metals

Copper Prices Drop After Unusual Trading Week (Bloomberg) — Copper prices dropped from a peak, wrapping up a hectic week for the metal characterized by intense trading, significant gains, and a delay at the London Metal Exchange (LME). The LME, the largest metals exchange globally, opened at 10 a.m. Hong Kong time on Friday after […]