Colin Hay
Colin Sandell-Hay is a multi-award winning resources, energy and business journalist. He has 50 years experience as an editor and journalist, with more than 30 of those years as a magazine editor in the business and resources sector.
Anglo American sells nickel assets to MMG as part of strategic refocus
Anglo American has sold its nickel arm for US$500m to a Singapore-based subsidiary of MMG as part of a plan to tighten its business. The company’s nickel business comprises two ferronickel operations in Brazil – Barro Alto and Codemin – and two large greenfield growth projects, Jacaré and Morro Sem Boné. The Barro Alto mine, […]
Cameco and Kazatomprom suspend Inkai operations amid regulatory delays, boosting uranium prices
The global uranium price improved after the giant Inkai joint venture operations in Kazakhstan were suspended due to a delay in receiving key government approvals. Canada’s Cameco (40%) confirmed the shutdown of production activity at the JV operation after being informed by partner Kazatomprom (60%) that the in-situ recovery JV failed to receive an extension […]
Diversified Energy to lift interests in US oil and gas assets
London and New York-listed Diversified Energy Company (NYSE: DEC) has entered into a conditional agreement with Oaktree Capital Management for the strategic acquisition of working interests in a number of operated assets in the Central Region of the US. The US$386 million acquisition will consolidate Diversified’s working interest in its existing operated wells in the […]
Copper prices climb to 11-month high on the back of supply setbacks and rising demand
While the price of copper may not be filling the headlines that gold is creating, the red metal is tipped to be one of the best investments in commodity markets this year. Copper is sitting around $6.05 per pound this week. That’s up 3.77% since the beginning of the year and new market activity and […]
Experts forecast record high prices and robust global demand for silver
While silver is being overshadowed by the current price surge for gold, it is also being tipped as a commodity to follow. Global experts are predicting silver may hit a high of US$48 this year, up from its current US$24.53, as its market also reacts to geopolitical issues and a year featuring a number of […]
Platinum shortfall to continue as global demand soars in the face of shrinking supply
A new report is forecasting a continuing slide in platinum production as demand for the precious metal continues to surge. The World Platinum Investment Council’s latest quarterly report found that the market for the metal is set for consecutive periods of market deficits, with an undersupply of 418,000 ounces expected in 2024 following a shortfall […]