VIDEO: Macquarie’s Colin Hamilton on outlook for nickel, copper

With the 2015 Mining Indaba in full swing, Metal Bulletin caught up with Colin Hamilton, head of global commodity research at Macquarie Group.

{BrightcoveVideo}

With the 2015 Investing in African Mining Indaba in full swing, Metal Bulletin caught up with Colin Hamilton, head of global commodity research at Macquarie Group.

We wanted to know why nickel has been such a confusing market over the past year and why prices now hinge on the roles of Indonesia and the Phillippines.

He also had some views on the much talked about copper surplus, or more recently, the lack of it.

Janie Davies
jdavies@metalbulletin.com
Twitter: @janiedavies_mb

What to read next
Fastmarkets' initial low-carbon premium for nickel briquettes captured existing regional price differences, with growing awareness and legislative incentives indicating there is potential for a strong market to emerge
The publication of the following prices was delayed on Tuesday April 30 due to technical issues. Fastmarkets’ pricing database has been updated.
The Chilean government is pushing ahead with plans for a new copper smelter despite the global smelting crisis, Chile’s minister of mining, Aurora Williams told Fastmarkets, adding that the state will also play a key role in developing the country’s premium lithium assets
Fastmarkets launches MB-NI-0256 nickel low-carbon briquette premium, cif global, $/tonne, on Wednesday May 1.
Fastmarkets will amend its MB-STE-0092 steel reinforcing bar (rebar) domestic, exw Poland, zloty/tonne price assessment on Friday May 3.
Just under two weeks ago, the chair of BHP made a phone call to his counterpart at mining peer Anglo American and set in motion a flurry of activity designed to create the largest copper producer in the world