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.
Gold Set to Shine in 2026 as Banks Forecast Higher Prices and Steady Demand
Gold set for a 2026 rally: JPMorgan sees Gold averaging US$5,055/oz, Goldman expects strong central-bank buying; upside risk keeps investors watching.
Oil prices fall as OPEC+ sticks to voluntary production hike timeline
The eight OPEC+ countries that previously announced additional voluntary production adjustments in April and November 2023 have agreed to move ahead with planned output hikes, starting in April. The decision came as a surprise to some commentators, with market consensus suggesting the group would postpone the restart as they had done three times since the […]
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, […]
Barrick Gold’s North American operations help lift Q4 performance
Barrick Gold’s (NYSE: GOLD) North American operations have helped deliver a strong performance in Q4. The North America, Africa and Middle East operations each met their production guidance for the year, while Barrick also advanced the Fourmile project in Nevada. Year-on-year operating cash flow increased by 20% to US$4.49 billion and, driven by stronger earnings, […]
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 […]
Barton Gold sets up 2025 growth with Tunkillia and Tarcoola advancements
South Australian gold miner Barton Gold (ASX: BGD) (OTCQB: BGDFF) is confident it is well-positioned to take significant steps in 2025 to bring its Tunkillia and Tarcoola projects closer to commercialisation. Non-executive chair Ken Williams told the company’s AGM today that Barton is set to build on what has been a highly successful 2024, with […]
Australian billionaire Gina Rinehart takes strategic stake in US rare earths miner MP Materials
Gina Rinehart’s mining arm Hancock Prospecting has added to its growing interests in rare earth elements by acquiring a 5.3% share in US miner MP Materials (NYSE: MP). The new stake sits in Hancock Prospecting’s expanding global stable of critical minerals assets alongside her 10% interest in Australia’s Arafura Resources (ASX: ARU) and a 5.8% […]
Brookside Energy reports strong drilling progress in Anadarko Basin
Brookside Energy (ASX: BRK) reports that strong progress is being made with drilling at the multi-well Flames-Maroons Development Plan (FMDP) in the core of the southern SCOOP Play in the Anadarko Basin in the USA. The company is currently participating in the Iginla well lateral section, which is drilling ahead at a measured depth of […]
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 […]
Radiopharm Theranostics advances cancer treatment with RAD 301 and RAD 302 developments
Radiopharm Theranostics (ASX: RAD) has welcomed the release of new data identifying a promising pathway for its innovative RAD 301 and RAD 302 oncology developments. Multiple new data covering the RAD 301 and RAD 302 programs were featured at the 2024 European Molecular Imaging Meeting (EMIM) in Portugal this week. RAD 302, which is currently […]
Barton Gold’s Tunkillia resource estimate surges to 1.5 million ounces
Barton Gold’s (OTCQB: BGDFF) aggressive drilling campaigns have again paid off with the company lifting the Tunkillia joint ore reserves committee (JORC) mineral resource estimate (MRE) to 1.5 million ounces. The MRE has estimated the project holds around 51.3 million tonnes of ore at 0.91 grams per tonne of gold, boosted by a new 115,216oz of […]
Barton Gold brings three-pronged attack into action in Tunkillia gold hunt
Barton Gold (ASX: BGD) (OTCQB: BGDFF) has stepped up its aggressive expansion campaign at the Tunkillia gold project in South Australia with the addition of a third drilling rig in the field. The company now has two RC drilling rigs and one DD drilling rig on site at Tunkillia. A second RC drilling rig is […]
US mining sector at inflection point – Morgan Stanley
Leading global financial institute Morgan Stanley believes the US metals and mining industry has reached an inflection point with the country desperately needing to increase its critical minerals output while managing its environmental, social, and governance (ESG) commitments at the same time. In a recent webinar, Morgan Stanley’s Wall Street analyst Carlos De Alba noted […]
Cameco lowers uranium production expectations for major Canadian operations
Leading global uranium fuel provider Cameco (NYSE: CCJ) has confirmed it is facing a number of issues at its Cigar Lake mine and Key Lake mill operations in Canada. The company reported that technical issues have led to lower than expected production forecasts at the Cigar Lake mine. Cameco says it now estimates it will […]
Novo Resources identifies hot Pilbara gold opportunity
Vancouver-based Novo Resources (OTCQX: NSRPF) continues to grow its rich Becher project, located in one of Australia’s hottest new exploration plays, recording gold hits in 349 holes to date in a new campaign in Western Australia’s north. The company has obtained further promising exploration results from its 2023 aircore drilling program at Becher, located in […]